Regulatory benefit-cost analysis should account for people’s welfare, not just empirical data.
The economic foundations of Executive Order 12,866 underscore its continued importance in regulatory review.
Lack of quality data hinders policymakers’ ability to create effective gun regulation.
Militarizing space could open the door to an arms race and excess spending.
EPA’s proposed transparency rules would make the agency’s analyses more scientifically rigorous.
Local governments should conduct a formal analysis before designating private property as historic.
Marchand’s argument questions key regulatory processes and ignores the net benefits of regulation.
Commentators debate central questions about the role of regulations in society.
Blockchain could provide essential data on the effectiveness of regulations.
Agencies should boost penalties for fatal rule violations to match the value of a statistical life.
Given its recent advance notice, EPA should implement retrospective analysis of its regulations in several ways.
A one-size-fits-all approach to cost-benefit analysis won’t necessarily ensure better policy.