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Deregulation can be just as cumbersome as regulation, especially if the new administration wants those efforts to survive inevitable legal challenges under the Administrative Procedure Act.
In American political theory, fiscal conservatism or economic conservatism [1] is a political and economic philosophy regarding fiscal policy and fiscal responsibility with an ideological basis in capitalism, individualism, limited government, and laissez-faire economics.
Many economists have concluded that a trend towards deregulation will increase economic welfare long-term and a sustainable free market system. Regarding the electricity market, contemporary academic Adam Thierer, "The first step toward creating a free market in electricity is to repeal the federal statutes and regulations that hinder ...
The World's Smallest Political Quiz is a ten question educational quiz, designed primarily to be more accurate than the one-dimensional "left–right" or "liberal–conservative" political spectrum by providing a two-dimensional representation. The Quiz is composed of two parts: a diagram of a political map; and a series of 10 short questions ...
Motor carrier deregulation was a part of a sweeping reduction in price controls, entry controls, and collective vendor price setting in United States transportation, begun in 1970-71 with initiatives in the Richard Nixon Administration, carried out through the Gerald Ford and Jimmy Carter Administrations, and continued into the 1980s, collectively seen as a part of deregulation in the United ...
This suggests that a long-run solution to our budget problems today could involve increasing economic growth via deregulation, simply by virtue of taxing a larger economy. Deregulation in the U.S ...
Criticism of libertarianism includes ethical, economic, environmental and pragmatic concerns. With right-libertarianism, critics have argued that laissez-faire capitalism does not necessarily produce the best or most efficient outcome, and that libertarianism's philosophy of individualism and policies of deregulation fail to prevent the abuse of natural resources. [1]
By serving political goals, this approach to privatization is appealing to supporters, especially during specific political or global events. [33] Some economists categorize Labor's privatisation scheme in the 1990s as tactical, because it aimed to achieve macroeconomic aims to ensure the competitiveness of Australia's economy, against the ...