The Regulatory State
John Cochrane discusses the expansion of the regulatory state and its potential impact on political freedoms. He explores the features of regulation that contribute to the loss of political freedom, such as rules versus discretion, vagueness and complexity, and lack of transparency and appeal rights. Cochrane highlights the need for a reevaluation of the regulatory system to protect individual liberties.In this clip
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EconTalk
Lee Ohanian, Arnold Kling, and John Cochrane on the Future of Freedom, Democracy, and Prosperity
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