Tuesday, May 9, 2006 - The Progress & Freedom Foundation Blog

Regulatory Costs

In an editorial today on health insurance, the Washington Post makes what should be a perfectly ordinary claim: "The case for the Senate bill begins with a common problem to all regulation: By driving up costs it can end up hurting the people it's supposed to help."

The Post is often selective in worrying about the costs of regulation versus its benefits. And it is certainly true that there are many regulations that pass the benefit-cost test. But in this day and age it is nevertheless nice to have such a clear statement from a major newspaper that the costs of regulation often injure the very consumers that the proponents of regulation claim to want to protect.

posted by Randolph May @ 10:01 AM |