Regulation

The good thing Senator Ted Kennedy did

August 27, 2009

John Berlau reminds us of the legacy of Senator Edward M. “Ted” Kennedy.

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Government regulation failed again, yet more is called for

July 21, 2009

No matter how much the government controls the economic system, any problem will be blamed on whatever small zone of freedom that remains.

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Good news on chemical security

July 15, 2009

There’s been some good news from Congress recently about Chemical Facility Anti-Terrorism Standards, or CFATS.

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Inherently Safer Technology (IST) not always that

June 30, 2009

The problem is that chemical manufacturing and processing is a complicated matter, and mandates that force the use of one chemical instead of another can have consequences that lead to less safety.

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Congress could give government bureaucrats more control of farms and industry

June 17, 2009

The Kansas Meadowlark blog has a detailed post that explains some of the harm to agriculture that proposed legislation — Chemical facility anti-terrorism standards — could cause. The post also contains a section of helpful related links. Click on Congress could give government bureaucrats more control of farms and industry to read.

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Current chemical security regulations should be reauthorized

June 17, 2009

Currently two committees in the United States House of Representatives are considering legislation that would harm a vital American industry. This industry is already regulated, and the regulations have accomplished their goal.

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Chemical security act would harm business, farmers

June 12, 2009

The Kansas Meadowlark contributes coverage about a chemical security law that promises to overburden an important American industry. Even the family farm is at risk. That’s the operative word — risk. As has been reported, Congressional testimony found that the legislation could actually increase risk to the businesses that the bill intends to protect.

To read the coverage at the Kansas Meadowlark, click on Do we want Homeland Security telling businesses how to run their businesses? Telling farmers how to farm?

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Regulation is expensive

June 8, 2009

We often hear of the burden of excessive regulation. When we measure the cost of federal regulation, we find that the numbers are truly shocking.

How much does federal regulation cost? “A very rough extrapolation from an estimate of the federal regulatory enterprise by economist Mark Crain estimates that regulatory compliance costs hit $1.172 trillion in 2008.”

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Chemical security act could affect Wichita water rates

June 5, 2009

The United States Congress is considering legislation that aims to increase the security of America’s chemical industry to terrorism threats. The legislation, if passed, would require chemical companies to substitute government-mandated processes and technology for their current processes. The post Chemical security law goes beyond protection explains more about this legislation.

Even places that we might not consider to be “chemical plants” could fall under this act.

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Regulation can backfire, benefit wrong parties

May 16, 2009

Regulators — no matter how well-intentioned, no matter how noble their cause — usually fail to achieve their goals. Here’s a look behind the scenes of how things can work.

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The “Watchful Eye” Fallacy

February 19, 2009

“In his inaugural address on January 20, 2009, Barack Obama said: ‘Nor is the question before us whether the market is a force for good or ill. Its power to generate wealth and expand freedom is unmatched, but this crisis has reminded us that without a watchful eye, the market can spin out of control.’ To prevent such unfortunate episodes, says Mr. Obama, the market needs to be supervised and regulated by the watchful eye of government. … The fallacy in this view lies in the assumption that government regulators rise above the human limitations that apply to everyone else. It assumes that while the businessman can be shortsighted, the senator will be farsighted, or that while the banker may be inattentive, the deputy undersecretary will not be.”

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No end to increasing regulation

February 13, 2007

Contrary to the popular perception, Bush has been one of the most pro-regulation presidents — far more so than Democrat Bill Clinton, who, in many ways, was a better friend to the free market than Bush has been.

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