"The 2011 edition of Wayne Crews’ “Ten Thousand Commandments” was released today. The annual study gives a big-picture view of the regulatory state. You can read it here. Some of the main findings:
■Federal regulations cost $1.75 trillion per year. That’s equivalent to about half of federal spending. Government’s cost is actually about 50 percent bigger than most people think.
■Agencies issued 3,752 final rules in 2010. At that pace, a new rule comes into effect every two hours or so.
■Another 4,225 rules are in the pipeline right now.
■The Federal Register hit an all-time high 81,405 pages in 2010.
■Economically significant regulations are way up. These are defined as rules that have over $100 million of economic impact. There were 224 in 2010. That’s a 22 percent increase over 2009′s 184.
Wayne and other CEI scholars will have a lot more to say about regulations and how to reform them in the coming weeks; keep an ear out."
Evaluating the free market by comparing it to the alternatives (We don't need more regulations, We don't need more price controls, No Socialism in the courtroom, Hey, White House, leave us all alone)
Tuesday, April 19, 2011
Ten Thousand Commandments (and big government)
Great post over at the Competitive Enterprise Institute Blog by Ryan Young. Here it is:
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