In 2014, the government issued 2,400 new regulations, including 27 major rules that may cost $80 billion or more annually. They range from forcing restaurants to list the number of calories in food—even though past experiments have revealed that such measures fail to change consumers' behavior—to reducing consumer choices and increasing energy prices by imposing tighter energy efficiency mandates on the plugs that we use to charge cellphones, laptops, and even electric toothbrushes.Regulation means limiting competition.
Thursday, May 21, 2015
The Tip of the Regulatory Iceberg. Pointless economic regulation cripples innovation and speeds the growth of big government.
Reason reports: