January 01, 2012

The Back Page

Mark Ryan

With the presidential race already in full swing, one of the recurring debates among the candidates is how much federal regulation is appropriate. Some argue that we must reduce our regulatory burden in order to spur job growth. That argument leads to the obvious question: What would this country look like without all those allegedly confusing, job-killing rules? If we want to see what a modern industrial society with lax regulations looks like, China is a instructive example.

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