Monday, November 18, 2013

Can I get an Amen........................?

Tyler Cowen on how to get rid of excess (old) regulations:

"Better bureaucratic incentives are needed. Agencies are now motivated to generate regulation after regulation, because those are the formal assignments set before them. One possible step forward would be to require agencies to submit plans for retiring some fraction of their regulations over the next few years, and to reward these agencies for seeing this process through."

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