Marginal Revolution posted this column from the New York Times business section with the comment: TYLER COWEN: Getting Rid Of Old Regulations Is Much Too Hard. Yes, it is….
More Freedom on the Airplane, if Nowhere Else "Conservatives typically complain about too much regulation, but liberals should be concerned, too, because pruning away rules we don’t need should help usher in an economy with more job creation and stronger economic growth.
"The total number of federal regulatory restrictions is now more than one million. And they’re not all necessarily good ideas. For instance, the Food and Drug Administration has banned some useful asthma treatments because they have a slight negative impact on the ozone layer. The nation has medical-device regulations that take longer to satisfy than those of the European Union."....
TYLER COWEN is a professor of economics at George Mason University.
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