2018 Templeton Freedom Award Finalist: The Mercatus Center at George Mason University (Arlington, Virginia), "Unleashing Prosperity by Cutting State Regulations"
The term “burdensome regulations” under-communicates just how harmful their impact can be. Ever-growing regulatory codes pose a very tangible and acutely felt burden on the lives of real people. They are the ones who feel the pain the most from a seemingly ever-growing Leviathan state. Enter the Mercatus Center at George Mason University, which saw an opportunity to change this ongoing problem using its ground-breaking RegData software to paint a clear picture of how reducing state-level regulations can have a measurable improvement on economic growth. RegData’s “snapshots” of the regulatory codes of 26 states show the real-world effects of how regulations shape economic growth. These snapshots give states a way forward to reduce their regulatory burdens and make a meaningful difference in their citizens’ lives. Kentucky, for example, partnered directly with Mercatus for its regulatory reform initiative. As of August 2018, the state has reviewed over 2,300 regulations, repealed 453 of them, amended an additional 424, and identified hundreds more for future action. So far, Mercatus’s RegData snapshots have reduced red tape in seven states-and more are in progress. These red tape reductions represent an opportunity for economic growth, new job prospects, and overall more prosperity and opportunity for all.
15 окт 2018
