Administration Eliminates Regulations
MAY 11, 2012
“The Obama administration announced today it has changed or eliminated five regulations, saving the economy an estimated $6 billion. President Obama also signed a new executive order “making it a continuing obligation of our government to scrutinize rules on the books to see if they really make sense,” said a White House statement…. Today’s changed regulations affect street signs, railroads, hospital paperwork and gas stations.” (USA Today)
The great myth is that without government, markets would be unregulated.
FEE Timely Classic
“Free Markets Are Regulated” by Steven Horwitz