Leading experts discuss the pros and cons of government regulations and explain how they affect everyday life for Americans.
In 2012, Celeste Kelly received a cease-and-desist letter from the Arizona State Veterinary Medical Examining Board for engaging in horse massage therapy without being a licensed veterinarian. Hear Celeste’s story and learn more about occupational licensure in this Fourth Branch video.
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In many states, animal massage requires a license. Watch this preview of our upcoming in-depth video on occupational licensing and the story of Celeste Kelly – an animal massage therapist located in Arizona.
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How have the regulations emanating from Washington changed over the years? Chris DeMuth, Distinguished Fellow at the Hudson Institute, draws from personal experience as he discusses the transformation of the regulatory state over the decades.
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While the goals of regulations are often admirable, regulations may come with unintended consequences. Sometimes, regulations can hurt those they were intended to benefit. Susan Dudley, Director of the George Washington University Regulatory Studies Center, discusses these unintended costs and her work at the Regulatory Studies Center.
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How do individual regulators operate within agencies to create and maintain regulations? Are regulators incentivized to pursue policy goals defined by Congress, their own policy preferences, or other factors? How does the regulatory institution itself contribute to policy goals? George J. Terwilliger, III examines these questions.
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Can providing market incentives produce desirable and more efficient outcomes in regulation? Chris DeMuth, Distinguished Fellow at the Hudson Institute, presents as a case study President Ronald Reagan’s permitting solution to the problem of lead in gasoline.
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What is the mechanism by which regulations are developed, finalized, and updated? How can this process be improved? Susan Dudley, Director of the George Washington University Regulatory Studies Center, provides insight into these questions.
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Regulations emanate from Washington and “affect every aspect of our lives, but we’re often unaware of it because they do so in hidden ways.” What are these effects and do they benefit American workers, companies, and consumers? A variety of experts on regulatory issues discuss this important question.
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Every state has laws or regulations that require individuals seeking to offer a certain service to the public first to obtain approval from the state before they may operate in the state. Recent years have seen a significant proliferation of such laws, with less than 5% of jobs in the American economy requiring a license in the 1950’s to between 25-30% today. Although licensing in some occupations may benefit the public by reducing information asymmetry and/or ensuring a minimum quality level for a particular service, the significant growth in the number of occupations governed by some form of licensing requirements poses a potential threat to competition and consumer welfare. Our panel of experts discussed these important issues.
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Arguably, regulation has helped us achieve the American Dream. The benefits are numerous. But have regulations gone too far? The Regulatory Transparency Project’s Fourth Branch video series will explore this question.
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