Retrospective regulatory review should concentrate not only on reducing costs but also on creating benefits, like improving societal well-being.
Regulators need a new system for responding to evolving market forces.
Deregulatory executive orders require a new approach to analyzing regulatory impact.
Recent executive orders undermine the longstanding belief in benefit-cost analysis.
The Trump Administration’s regulatory budget constraint may help improve agency benefit-cost analyses.
Scholars and industry representatives highlight takeaways from conference on new regulatory developments.
President Trump’s first year in office prompts four steps for reform.
The Trump Administration’s purported economic justification weakens the credibility of cost-benefit analysis.
Data show that more stringent building codes deliver benefits greatly exceeding their costs.
Independent agencies should mirror executive branch practices to overcome judicial scrutiny.
Scholars evaluate the viability of adjusting regulations to accommodate changes in economic conditions.
Concerns about runaway regulatory costs are overblown.