Most of the research conducted on government regulation focuses on the federal government. But as a small businessman I know that state and local regulations are the most onerous and generally the most ridiculous. These include complicated labor regulations, difficult and cumbersome licensing r … [Read more...]
REGonomicsA weekly communication devoted to the economics of regulations that are burdensome, costly, and downright ridiculous.
Last July, the National Labor Relations Board (NLRB) Office of the General Counsel issued a statement affirming charges alleging McDonald’s franchisees and their franchisor, McDonald’s, USA, LLC, with violating the rights of employees as a result of activities surrounding employee protests. The stat … [Read more...]
Last week, the National Association of Manufacturers issued a study suggesting that the cost of complying with federal regulations was equal to $2.028 trillion, or roughly equivalent to 12 percent of total GDP. For manufacturers alone this equaled about $19,564 per employee per year – this comes di … [Read more...]
By John Dunham Managing Partner, John Dunham & Associates On behalf of John Dunham & Associates, I'd like to welcome you to the Inaugural edition of REGonomics. As an economist, I've spent the good part of 30 years examining the economic impacts of taxes and regulations. It never ceases … [Read more...]