Assessing costs of regulation

Claim

Assessing the costs of regulation is not just important—it is absolutely indispensable for sound policymaking. Failing to evaluate regulatory expenses invites inefficiency, stifles innovation, and burdens businesses and consumers alike. Only by rigorously analyzing these costs can we ensure regulations serve the public good without unintended harm. Ignoring this critical process is both irresponsible and reckless, threatening economic vitality and undermining trust in government.