How Regulatory Reform Can Help Drive the Economic Recovery

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Cutting burdensome regulations is an obvious way to stimulate the economy without blowing a hole in the federal budget.

NRPLUS MEMBER ARTICLE I t may seem like a distant memory, but just a few months ago, the unemployment rate was historically low. An economic recovery is now in progress, and unemployment has dropped back below 10 percent. But many people are still suffering, and reexamining regulations may be the best way to revive growth and get the economy back to where it should be.

One problem facing our leaders is that some of the tools traditionally available to boost the economy during recessions are in short supply. In a typical recession, the government tends to increase spending or cut taxes. The hope is that

James Broughel is a senior research fellow at George Mason University’s Mercatus Center and the coauthor of the new study, “The Impact of Economic Regulation on Growth: Survey and Synthesis.”

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