We need to extend and expand an overdue conversation about clarity in the U.S. legal system.
Simplified communication may not fix incomprehensible disclosures.
Misaligned incentives can encourage incomprehensibility.
Cooperative communication between the Internal Revenue Service and taxpayers would improve the comprehensibility of taxation.
Agencies and stakeholders have incentives to speak to each other incomprehensibly.
The law needs not only to correct information asymmetries but comprehension asymmetries too.
Scholars comment on a new book that advocates greater simplicity and clarity in the expression of laws and regulations.
In a new book, Cristie Ford advocates that regulators pay closer attention to private-sector innovation.
Regulatory capture’s antecedents in political thought—which date back to ancient Greece—inform the modern concept.
The authors respond to RegBlog commentators and call for the end of “useless” disclosure requirements.
Disclosure is not a substitute for regulations that protect consumers.
Scholar highlights some of the successes of mandatory disclosure policies.