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 (New York Times)

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.