Jim

Author's details

Name: Jim Tozzi
Date registered: December 21, 2011

Latest posts

  1. National Academy of Sciences on OMB Cost-Benefit Analayis (1990) — August 20, 2014
  2. Regulatory measurement can lead to actionable knowledge — August 18, 2014
  3. Reforming Regulatory Analysis, Review, and Oversight: A Guide for the Perplexed — August 14, 2014
  4. Behavioral economics: come semplificare la vita agli italiani — August 13, 2014
  5. 2015 Regulators’ Budget: Economic Forms of Regulation on the Rise — July 28, 2014

Most commented posts

  1. Cyber Legislation Will Cost Businesses and Hurt Economy — 1 comment

Author's posts listings

Aug
20

National Academy of Sciences on OMB Cost-Benefit Analayis (1990)

Editor’s Note: Since criticism of OMB’s regulatory review duties continues to be in fashion among even the most distinguished administrative law scholars, it is worth reviewing reviewing the 1990 report by the National Research Council on OMB’s cost-benefit analysis.

From: The Politics Of Benefit-Cost Analysis (Chapter 3: Valuing Health Risks, Costs, and Benefits for Environmental Decision Making: Report of a Conference)

R. Shep Melnick

Aug
18

Regulatory measurement can lead to actionable knowledge

From: The Hill

By Patrick A. McLaughlin, contributor

Scientific progress requires measurement, especially when working with a complex system such as the economy or the human body. For example, our understanding of the relationship between cholesterol and human health continues to evolve, but it has only gotten to the point where we debate the merits of “good” cholesterol and “bad” cholesterol via a century of investigation and the development of measurement techniques. Similarly, although in a very different field, professional sports teams increasingly develop new, quantitative metrics of player performance in order to optimize team performance — as described by the book and movie “Moneyball.”

Aug
14

Reforming Regulatory Analysis, Review, and Oversight: A Guide for the Perplexed

From: Mercatus Center/George Mason University

Jerry Ellig, Richard Williams

Since President Reagan’s Executive Order 12291, all presidents have issued executive orders (EOs) requiring agencies to conduct comprehensive regulatory impact analyses (RIAs) for significant regulations to ensure that regulatory decisions solve social problems in a cost-beneficial manner. President Clinton’s Executive Order 12866, as amended by President Obama’s Executive Order 13563, outlines the principal requirements that currently apply. However, experience demonstrates that neither the executive orders nor the Office of Management and Budget (OMB) guidance implementing those orders have been sufficient to ensure that regulation accomplishes important public goals without imposing unnecessary costs on the economy. Even when agencies conduct detailed RIAs, there are often significant gaps in the analyses.

Aug
13

Behavioral economics: come semplificare la vita agli italiani

Editor’s Note: The following is presented as part of CRE’s ongoing project to analyze, report on and engage with centralied regulatory review bureaucrats on an international basis. Readers who prefer an English translation of the following article may use a free internet translations tool, here and here.

From: L’Huffington Post

, Ordinario di Psicologia IULM, Analista del comportamento

Nel suo libro “Semplice” (Feltrinelli, 2014, 320 pag) Cassie Sunstein – coautore con Dick Thaler di “Nudge. La spinta gentile” (Feltrinelli, 2009, 288 pag), racconta la sua esperienza a capo dell’OIRA, l’Office of Information and Regulatory Affairs della Casa Bianca, l’agenzia federale cui negli Stati Uniti è affidata la supervisione del sistema di regole e regolamenti, con il compito in particolare di verificare che i benefici sociali degli atti regolativi superino i costi potenziali.

Jul
28

2015 Regulators’ Budget: Economic Forms of Regulation on the Rise

From: Regulatory Studies Center/George Washington University

By Susan E. Dudley & Melinda Warren

2015 Regulators’ Budget

Economic Forms of Regulation on the Rise

An Analysis of the U.S. Budget for Fiscal Years 2014 and 2015

Executive Summary

This report tracks the portion of the Budget of the United States devoted to developing and enforcing federal regulations.  It presents the President’s requested budget outlays in fiscal year (FY) 2015, as well as estimated outlays for FY 2014 as reported in the Budget of the United States Government for Fiscal Year 2015 (Budget).  It also provides data on annual outlays from fiscal year 1960 to the present.  This “regulators’ budget” reflects the on-budget costs of regulation, and does not provide information on regulations’ benefits nor the full costs of regulations to society.  Nevertheless, the time-series data presented here offer useful insights into the growth and changing composition of regulation over the last half-century.

Jul
23

Regulation by Stealth: Time to Re-Examine Federal Agencies

From: McClatchy-Tribune via Mercatus Center/George Mason University

By John D. Graham , James Broughel

In recent weeks, President Barack Obama announced plans to use executive authority to implement immigration reforms in absence of cooperation from Congress. House Speaker John A. Boehner also announced plans to initiate a lawsuit designed to check the president’s power to take unilateral executive actions. Given this tension, it’s a good time to consider how exactly the executive branch is able to implement policy without congressional consent.

Jul
18

Red Tapeworm 2014: When Regulations Get Delayed

From: Competitive Enterprise Institute

By Wayne Crews

This is Part 17 of a series taking a walk through some sections of  Ten Thousand Commandments: An Annual Snapshot of the Federal Regulatory State (2014 Edition)

I tend to think bureaucratic regulation often creates tremendous harm, so it’s interesting when those who disagree decide to hold off on regulation when it suits them.

Jul
15

“the precautionary principle is internally unworkable”

Editor’s Note:  The authors highlight an essential point about the “precautionary” principle, it creates unwarranted risk.

From: RegBlog/University of Pennsylvania

Regulatory Science and the TTIP

and

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Jul
11

Senate Confirms Donovan as Next White House Budget Director

Editor’s Note: For a discussion of OMB’s role in overseeing one of Director Donovan’s most distinguished accomplishments at HUD, please see here.

From: The Wall Street Journal

By Damian Paletta

WASHINGTON—The Senate voted Thursday to confirm Shaun Donovan as the next director of the White House Office of Management and Budget, moving the Obama administration’s top housing official into a role with broad regulatory and fiscal responsibilities.

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Jul
10

Sunstein: It is possible for government to be too open

Editor’s Note: Madison was right, achieving the public good needs to be a higher priority for government officials than satisfying public curiousity.

From: Bloomberg View via The Salt Lake Tribune

By Cass R. Sunstein

Sens. Patrick Leahy of Vermont and John Cornyn of Texas, leaders of the Judiciary Committee, have long shown an admirable commitment to open government, and their recent bill to amend the Freedom of Information Act is winning a ton of praise. Some of its reforms make sense, but, unfortunately, its key provision is a horrible idea. By reducing the protection now given to deliberations within the executive branch, it would have a chilling effect on those discussions.

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