Improving Regulatory Impact Analysis: The Role of Congress and Courts, Part 1, by Reeve Bull and Jerry Ellig
Part I—The Rise of Regulatory Impact Analysis The concept of disciplining regulatory choices through the application of benefit-cost analysis to regulatory decisionmaking is largely an American innovation. As Jim Tozzi has shown, the idea of economic assessment of proposed rules goes back to the Johnson Administration. Presidents Carter and Reagan issued the executive orders that […]

