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Murray Weidenbaum Publications

2000

Office of Regulatory Analysis

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Full-Text Articles in Public Policy

Regulatory Reform: Progress And Unfinished Business, Murray L. Weidenbaum Mar 2000

Regulatory Reform: Progress And Unfinished Business, Murray L. Weidenbaum

Murray Weidenbaum Publications

From 1980 to 2000, attitudes toward government regulation have shifted significantly. Terms like "command and control" have been replaced by "the magic of the marketplace." Yet as this statement before the Joint Economic Committee in March 2000 demonstrates, as the regulatory reform movement slows, a new strategy, focusing on the shortcomings of the basic regulatory statutes, is needed. Congress should establish an independent Congressional Office of Regulatory Analysis to credibly assess the costs and benefits of proposed Congressional regulation legislation.