| Monday November 4, 2019 at 3:50 PM PST
Government regulations can be very costly in terms of both time and money. Though we often focus on what means in terms of federal regulations, the U.S. government isn’t the only entity generating rules that can burden individual Americans and businesses without necessarily providing any positive benefit for them. State governments also impose regulations...Read More »
| Monday June 17, 2019 at 10:31 AM PDT
Government regulation contributes to stifling effective competition in the free market which leads to price gouging and excessive inflation.
William F. Shughart II
| Monday August 13, 2018 at 12:00 PM PDT
Trump’s legislation will offset the regulatory barriers but will likely incite retaliation from our trading partners.
Lawrence J. McQuillan
| Thursday April 27, 2017 at 3:59 PM PDT
A widely-cited study by W. Mark Crain and Nicole V. Crain estimates the cost of complying with U.S. government regulations at a staggering $2 trillion per year, an amount equal to 12 percent of gross domestic product. Annual compliance costs average about $10,000 per employee. Businesses in the service sector shoulder the biggest burden...Read More »