I’ve already suggested that subsidies for the Paris-based Organization for Economic Cooperation and Development are the most wasteful and counterproductive item in the federal budget. At least on a per-dollar-spent basis. But what about a similar exercise for government red tape? How would we come up with the worst regulation or the most counterproductive regulatory agency? […]

As an economist with a boring personality (sorry to be redundant), I sometimes focus on numbers. And when contemplating the cost of regulation and red tape, there are some numbers that should frighten all of us. Americans spend 8.8 billion hours every year filling out government forms. The economy-wide cost of regulation is now $1.75 […]