Testimony by Michael Greenstone on how to improve the government’s system of regulatory review. Under all economic circumstances, regulatory efficiency and clarity are crucial objectives for the credibility and predictability of the government’s role in the marketplace. However, given the current economic climate, it is absolutely essential to design a regulatory structure that protects the well-being of our citizens without imposing unnecessary costs on American businesses and society as a whole.
http://www.brookings.edu/research/testimony/2011/11/16-regulation-greenstone
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