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Full-Text Articles in Public Policy
A New Approach To Regulatory Reform, Murray L. Weidenbaum
A New Approach To Regulatory Reform, Murray L. Weidenbaum
Murray Weidenbaum Publications
Even though there is a legitimate need for government regulation, it is still a blunt and imperfect tool, often imposing costs that greatly outweigh the benefits. This study presents the need for regulatory reform and suggests a few ways to do so.
Recasting The Role Of Government To Promote Economic Prosperity, Murray L. Weidenbaum
Recasting The Role Of Government To Promote Economic Prosperity, Murray L. Weidenbaum
Murray Weidenbaum Publications
No government in the world has an agency with the mission of depressing the economy or accelerating the rate of inflation. Yet, many government actions - especially taxation, government spending, and regulation - have those undesirable effects. The paper focuses on government regulation of business, where the costs are especially insidious, and what can be done to reform this regulation. Government decision-makers often forget the fundamental fact that individuals and private organizations have tremendous capability to deal with the shortcomings of a modern economy on their own. Relying more heavily on private initiative moves us closer to a free society …