I have been remiss in not drawing attention to my colleague Wayne Crews’ latest review of the cost of government regulations, Ten Thousand Commandments. There’s a short video introduction here (please leave a comment to let us know what you think).

Among other things he finds that the cost of regulations is over $1 trillion annually, contributing about a third of the total cost of government to the economy. Regulatory costs almost match the entirety of corporate profits and are seven times higher than the budget deficit. Full study downloadable here.