Submitted by:
Reeve T. Bull – Research Chief, Administrative Conference of the United States; Co-Chair of ABA Administrative Law & Regulatory Practice Section E-Rulemaking Committee
Over three decades ago, the United States was at the forefront of developed nations in creating a centralized system for regulatory review and rationalizing regulatory policymaking through the use of benefit-cost analysis.
In the ensuing thirty years, the United States’ system for executive review has changed very little, notwithstanding some minor readjustments. . In that same time period, other developed nations have enacted significant regulatory reforms, some of which involve copying the American framework but many of which represent new innovations that go well beyond what the United States has adopted.
Read the Bull Article
Please post your comments below. In the alternative if you have an article you wish to submit you may either use the “Submit a Post” mechanism to the right of this page or send it to CRE for posting at contact@thecre.com
Additional Background Information on:
Cumulative Costs of Regulation: A Forum for Analysts
A Communication with the Council on Foreign Relations
Mr. Bull’s article is very comprehensive and we encourage all readers who have views on imposing a cap on regulatory expenditures that can be imposed on the public to express them by merely using the comment button on this website.
That said, we believe Mr. Bull is far too dismissive of the One-In One Out policy since it has been in use in the UK for a number of years and has been reviewed in detail by CRE by a site visit with its managers.
We welcome in particular comments on the One In One Out policy with additional background on this post.
Submission by Professor Pierce here.