Professor Stuart Shapiro is quoted in the Washington Post’s article examining Pres. Trump’s claims that his tax cuts and deregulation policies are the reason for the U.S. lowest unemployment rate in half a century. In November, Shapiro concluded that it was “extremely unlikely” that Trump’s deregulation through his first year in office had “any appreciable effect on the economy.” In fact, the states and cities enjoying the greatest jobs boom are largely those in which labor market regulations — hikes in the minimum wage, guarantees of vacation or family leave time, crackdowns on wage theft and more — are proliferating.
Improving How We Measure Cumulative Regulatory Impact
Very often people complain about "too much regulation" in government. What does this actually mean? A new blog post by Dean Stuart Shapiro discusses the challenges and importance of measuring the cumulative impact of regulations in the United States. Despite the...