Has the Reign of the Economist Ended?

                                    A Book Review by Professor James Kwak

The Economists’ Hour

False Prophets, Free Markets, and the Fracture of Society

By Binyamin Appelbaum

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The Preservation of Centralized Regulatory Review

Centralized Regulatory Review conducted by the Office of Information and Regulatory Affairs(OIRA) in the Office of Management and Budget has been in existence half  a century.  Periodically either an incumbent or an incoming Administration examines centralized regulatory review with the objective of ensuring that the existing process complies with recent advances in science, law and economics.

A recently published paper describes a review of the aforementioned process and has made the following recommendations. A video of the ten minute presentation begins at  minute 3:30.