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1. Deregulation: What Are The Pros and Cons? Pros: 1. Increased competition: Deregulation allows for more companies to enter the market and compete, which can lead to lower prices, better products, and improved customer service. 2. Innovation: By removing certain regulations, companies are free to explore new technologies and services that they may not have been able to before. 3. Improved efficiency: By reducing certain regulations, companies are able to streamline their operations and reduce costs. Cons: 1. Consumer protection: Without certain regulations in place, companies are free to engage in predatory practices which can be harmful to consumers. 2. Monopoly power: When certain regulations are removed, a few companies can dominate the market and put smaller competitors at a disadvantage. 3. Environmental protection: Certain regulations are in place to protect the environment from pollution and other forms of damage. Without these regulations, companies may not be held accountable for their actions.
JD Vance, co-founder of Rockbridge Network, aimed to spread Trump's nationalism via right-wing news, voter engagement, and polling. Documents disclosed Rockbridge's scale and $75 million budget for 2024, showing Silicon Valley's rising influence in conservative politics. The group comprises tech investors supporting deregulation and reduced oversight in key sectors.
At the Democratic National Convention former President Obama came out strongly in favor of housing deregulation saying “we need to build more homes and clear away some of the outdated laws and regulations that make it harder to build homes”. Robert Kwasny asks on X, “What are the intellectual roots of present-day YIMBYism?” Looking at […]
That is the topic of my latest Bloomberg column, just to clarify context for the newbies I think more than half of all current regulations are a net negative. Anywhere, here are some of the problems: Consider the relatively straightforward idea, popular in some Republican circles, of firing large numbers of federal bureaucrats. There would be immediate […]
In a recent Bloomberg column, Tyler Cowen discussed the difficulties involved in paring back regulation: The basic paradox is this: Government regulations are embedded in a large, unwieldy and complex set of institutions. Dismantling it, or paring it back significantly, would require a lot of state capacity — that is, state competence. Yet deregulators are suspicious of […]
Tweet… is from page 108 of my late, great colleague Walter Williams’s excellent 2011 book, Race & Economics: How much can be blamed on discrimination?: Our short discussion of the trucking industry before and after deregulation offers additional confirmation of our working hypothesis that government regulations close avenues of entry and reinforce economic handicaps. Deregulation […]
Deregulation Can Fix the Housing Crunch by J.D. Tuccille, Reason, September 23, 2024. Excerpt: Building regulations reflect a wide range of government interventions, including zoning restrictions, land use regulations, energy efficiency codes, safety codes, and more. The intent behind such rules often started with public health, then expanded to encompass energy efficiency, home values, and even […]
TweetPhil Gramm praises Jimmy Carter, who turns 100 today. Two slices: Jimmy Carter, who turns 100 on Oct. 1, doesn’t get enough credit for the quarter-century economic boom from 1983 to 2008 and the underlying resilience of the economy since. Without Mr. Carter’s deregulation of airlines, trucking, railroads, energy and communications, America might not have […]