Regulation

What We Believe

The usual focus of regulatory policy debates is the appropriate level of health, safety, environmental, and labor regulation—policies that impose costs on existing businesses in the name of reducing harms to others. One side argues that the costs are too high and that regulatory “relief” is needed; the other side counters that the benefits of regulation are vitally important and that any reduction in protection would be irresponsible. Which side has the better argument depends on the specific issue, but in general the truth lies somewhere in the middle.

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