Regulation articles

Recent articles from Regulation

Blocking animal biotech.(BRIEFLY NOTED)
March 22, 2009... On January 15, the Food and Drug Administration announced "final guidance" on its regulatory policy toward "genetically engineered" animals. Typical of the agency's current mindset, the policy tortures the science and opts for the most stringent, stultifying regulatory approach among various...

Bankers only listen to laws.(BRIEFLY NOTED)
March 22, 2009... Some government intervention in the marketplace is necessary, but it will only work well if policymakers get the laws right. For confirmation of this, we need only look at the history of banking, where laws that granted limited liability to bank ownership underwrote risk-taking that escaped...

Disaster loan reform waiting to happen.(BRIEFLY NOTED)
March 22, 2009... The Small Business Administration's Disaster Assistance loans are, collectively, the federal government's primary disaster-relief program. The government-financed loans help not just small businesses, but also individuals, businesses of all sizes, and nonprofits to reestablish after a...

Did the federal drinking age law save lives? In this case, coercive federalism did not improve public welfare.(LAW ENFORCEMENT)
March 22, 2009... In 1984, President Ronald Reagan signed the Federal Uniform Drinking Age Act, a law that threatened to withhold federal highway funds from states that failed to increase their minimum legal drinking age (MLDA) to 21. Many states objected to this federal intrusion and provided for rollback of...

Lessons from a scalper: deregulated markets punish greed.(REGULATORY REFORM)
March 22, 2009... Greed took a beating during the recent presidential election. Last September 16th, John McCain blamed the financial meltdown on the "greed and mismanagement of Wall Street and Washington." Later that day, Barack Obama took a swing at greed in a speech that blamed the country's economic...