As economists got better at measuring the benefits of regulation,” Stuart Shapiro, a onetime OIRA analyst and now professor of public policy at Rutgers, observes in The Regulatory Review, “benefit-cost analysis began to be seen as a tool that supported more stringent regulation of the economy.”
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Dean Shapiro: Another Blow to Regulatory Benefit-Cost Analysis
Stuart Shapiro argues that the Trump Administration’s new OIRA memo accelerates deregulation by sidelining rigorous benefit-cost analysis and elevating presidential preferences over economic evidence. He concludes that formally directing agencies to ignore analysis in key situations may signal the end of a decades-long norm that regulatory decisions should be grounded in objective economic evaluation.
Dean Shapiro: Simplifying Research Regulations & Policies
Dean Stuart Shapiro served on a committee for a report titled “Simplifying Research Regulations and Policies” for the National Academies of Sciences, Engineering, and Medicine.
Biden outlines regulatory plans for the rest of his term
“The time frames listed there are usually ambitious, and administrations rarely complete anything near their complete list of intended actions,” Shapiro told POLITICO’s E&E News. “I find it is best seen as signaling to interest groups, ‘This is what we want to do.’”
Dean Shapiro: Reflections on the Chevron Decision
American trust in government has declined. It is tempting to argue that the growth in regulation has played a role in fueling this negative public perception of government. But digging underneath the data reveals that the relationship is far more complicated. Agency actions may be one of the few things about government that people do like.
Dean Shapiro: Ensuring Biden’s Regulations Survive
By issuing all of these regulations in the spring of 2024, the Biden administration has ensured that the Congress that is seated in January 2025 will not be able to use the CRA to overturn them. Any attempts to overturn the regulations will likely require 60 votes in the Senate.
Dean Shapiro: A hidden way politics shapes regulation
To address these questions, two forces should be brought to bear. The first is expertise, which is housed at the agencies of the executive branch. The second is political responsiveness, which comes from the president. The push and pull between expertise and responsiveness is hard to balance, but few would argue that neither should be present.
Dean Stuart Shapiro: For the Biden administration’s 2024 regulations, timing is crucial
The American economy added over 330,000 jobs in September, but the role of government regulation in the economic equation is conspicuously absent from discussions. This article examines the impact of regulations on the macroeconomy and why they may be less significant than previously claimed, shedding light on a complex economic reality.
Dean Stuart Shapiro: Federal regulations don’t really affect economic growth
The American economy added over 330,000 jobs in September, but the role of government regulation in the economic equation is conspicuously absent from discussions. This article examines the impact of regulations on the macroeconomy and why they may be less significant than previously claimed, shedding light on a complex economic reality.
How the East Palestine derailment and Silicon Valley Bank failure are connected
Two of the biggest U.S. news stories from the past month are connected in ways that aren’t immediately obvious. Both involve the types of regulatory decisions made in the executive branch all the time, and both demonstrate the need for clearer thinking about how those...