Last week, we argued that political decision makers have a tendency to overregulate a society, as new laws, even useless or harmful ones, create the impression that politicians are addressing problems in a society. Moreover, we outlined the theory of a military historian who claims that the Red Army was an “overregulated army”, explaining the disproportionate death toll of the Red Army in the Second World War. In today’s article, we will first look at the advantages of regulation, and we will then propose a set of tools called “Regulatory Impact Analysis...
Recent Comments
RIA of RIA is not defined ) Also, RIARIA in Georgian means "mess"
Tuesday, 25 February 2014 3:03 AM
The RIA methodology could be used to assess the costs and benefits of making RIA an obligatory step in the introduction of any new... Read More
Monday, 24 February 2014 11:11 PM
This really depends on the level at which the minimum wage is set relative to average wage. See full list of countries: http://en.... Read More
Tuesday, 25 February 2014 7:07 PM