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Full-Text Articles in Economics
The Rising Presence Of Government In The Workplace, Murray L. Weidenbaum
The Rising Presence Of Government In The Workplace, Murray L. Weidenbaum
Murray Weidenbaum Publications
Debates over government regulation are often erroneously framed as a battle between business and the public interest. For government officials, however, regulation is an easy way to advance policy agendas without spending much federal money. But every time the government imposes new standards on the workplace or increases employee benefits, it imposes a more expensive method of production on businesses. Politicians are able to simultaneously vote for the better treatment of employees and criticize "greedy" companies. Consumers, meanwhile, suffer by paying for these hidden taxes.
The New Wave Of Environmental Regulation: The Impacts On Business And Consumers, Murray L. Weidenbaum
The New Wave Of Environmental Regulation: The Impacts On Business And Consumers, Murray L. Weidenbaum
Murray Weidenbaum Publications
Following the regulatory excesses of the 1970s and the reforms of the 1980s, the policy pendulum is swinging back again. On the surface, the government imposing socially desirable requirements on business seems to be a cheap way of achieving national objectives. But every time a government agency attempts to safeguard the environment or foster occupational health or promote product safety, it imposes a more expensive method of production on businesses. Consumers, meanwhile, suffer by paying for these hidden regulations.