
Show Notes
Economist and scholar Mary Sullivan joins the podcast to share perspectives on the proposed introduction of distributional weighting as part of the new draft Circular A-4. The circular, which guides analysis of regulatory costs and benefits, aims to address issues of equity when those costs and benefits are borne differently among various groups. Trade-offs in economic efficiency and lesser transparency are important factors to consider, Mary explains.
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Mary Sullivan and Howard Beales discuss why it would be premature for the Federal Trade Commission to impose an enforcement standard on "personalized pricing," which they contend is a practice that is not well understood in the marketplace. Read more.
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Policy analysts Matias Vesperoni and Finn Dobkin share key takeaways of the new Regulators’ Budget report. The latest edition covers fiscal years 1960 through 2024 and presents data extracted from the Budget of the United States on the outlays and personnel devoted to writing, administering, and enforcing federal regulations at 77 departments and agencies. The Regulators’ Budget offers insights into the growth and changing composition of federal regulation over the past 65 years. Access the complete report at our website.
Previously considered largely a tool for the incoming Congress and president to overturn a departing president’s midnight regulations, Congress has recently begun using the CRA in unanticipated ways. Professors Susan Dudley and Steven Balla discuss new approaches and implications for the future. Read full commentary.
Hoover Institution Research Fellow Patrick McLaughlin discusses how the driving force behind safety improvements in the freight rail industry is capital investment, not minimum staffing requirements.