Michael Mandel was a guest speaker on Bill Frezza’s RealClear Radio Hour to discuss his proposal for a Regulatory Improvement Commission (RIC). Frezza’s interview and article dealt with the continuing costs of regulation drag on the U.S. economy and PPI’s proposal for a politically viable reform option. Mandel’s radio interview was later quoted in an article Frezza wrote for Forbes.
“The cost benefit approach to fixing the regulatory problem is not going to work,” says Michael Mandel, Chief economic strategist at the Progressive Policy Institute, my second guest on this week’s RealClear Radio Hour. He is especially concerned about the way regulatory accumulation impedes innovation. “History tells us that innovation will allow us to deal with a lot of our concerns about the future of the earth in a different way. They are real concerns, but the path forward is more innovation rather than less.”
Mandel goes on to explain the accumulation of regulations over time, the difficulty of keeping up with technological advancements, and how RIC would address these challenges.
Listen to the full interview on RealClear‘s website here and read the full article on Forbes website here.
