Home > Uncategorized > Safety Regulators Don’t Add Costs. They Decide Who Pays Them.

Safety Regulators Don’t Add Costs. They Decide Who Pays Them.

…many of those who insist on cost-benefit analysis have no interest whatsoever in making regulation more focused and rational. In their world, costs to business are the only measure; benefits to consumers somehow never make it to the table. Unfortunately, that’s misleading and unfair. Someone always pays.

Amplify’d from www.nytimes.com

Anyone who insists that regulations necessarily impose new costs on society shouldn’t be taken seriously. The costs are already there, in the form of deaths and injuries — and are often as much of a drag on our economy as any safety rule. So the real issue is who should bear the costs.

Read more at www.nytimes.com

 

Categories: Uncategorized
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: