The regulatory path to full employment

posted by
March 15, 2012
Competitive Enterprise Institute
by Ryan Young  
Posted in Commentary

"Sentinels will need their own Sentinels to keep them in line. But those Sentinels will need their own Sentinels. The Sentinels' Sentinels will need Sentinels, too. And on to infinity -- an infinity of jobs! Every last man, woman, and child who wants a job can get one as a Sentinel. This wouldn't do much to improve the quality of regulation, or to prevent future financial crises. That would require more transparent cost analysis for all new rules, purging old and obsolete rules from the books, and a host of other measures. But this is an election year." (03/14/12)  

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