Although most measures of the size of government focus improperly on regime spending as a share of GDP, any truly meaningful appraisal must take account of government regulations and related red tape. By one estimate, it cost Americans $1.83 trillion to comply with federal regulations in 2013, a figure that obviously leaves aside the cost to conform with state and local government edicts.
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|Other Independent Review articles by Robert Higgs|
|Fall 2018||Against the Whole Concept and Construction of the Balance of International Payments|
|Summer 2018||Feedback and Correction in Government and the Market|
|Spring 2018||Ideology and Political Divisiveness|
|[View All (61)]|