Regulatory Harmonization: A Sweet-Sounding, Dangerous Development
By Robert Higgs
This article appeared in the Winter 2000 issue of The Independent Review

Business people may favor better governmental coordination of the regulatory hoops they must jump through, but like other Faustian bargains, this entails risk. If the history of U.S. medical device regulation is any indication, the current push for international “regulatory harmonization” will result in raising regulatory hurdles at least as high the highest levels previously reached.

Other Independent Review articles by Robert Higgs
    Fall 2016   Can the State Enforce Virtuous Behavior?
    Summer 2016   Douglass C. North: Trailblazer
    Winter 2016   Ludwig von Mises and Dietrich von Hildebrand: Some Remarkable Parallels
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