Regulatory Policy Program Seminar at the Mossavar-Rahmani Center for Business & Government at the Harvard Kennedy School.

"Reviving Regulatory Reform"

Christopher Demuth
Distinguished Fellow, Hudson Institute

The regulatory reform movement, which ran approximately from 1975 through 1985, was intellectually robust and philosophically broad-based, and it achieved significant victories in practical politics. The policy landscape looks very different today. Federal regulation has been growing dramatically (even price controls are making a comeback), and the political debates appear highly partisan. But in fact the recent growth of regulation has been bipartisan (it was at least as pronounced under George W. Bush as it has been under Barack Obama). This lecture will diagnose the causes of regulatory growth and evaluate the leading reform proposals currently being considered. It will compare today’s central policy issues with those than animated the old regulatory reform movement, and argue that the earlier era produced important insights that could usefully be applied today.

This seminar was taped on February 23, 2012.

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