What Trump misses about regulations: They produce benefits as well as costs
- Written by Joseph Aldy, Associate Professor of Public Policy, Harvard University

President Trump jettisoned more than 30 years of bipartisan regulatory policy on January 30 when he issued an executive order on “Reducing Regulation and Controlling Regulatory Costs.” The order requires that whenever a new regulation is enacted by any federal agency, regulators must eliminate two rules, so that the...
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