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  • House set to vote on controversial ‘REINS Act’ this week

    Jason Schwartz, legal director for the Institute for Policy Integrity, said Friday that an additional requirement of the REINS Act that puts a time limit on how long Congress has to consider a major new rule is especially troubling.

    “Congress does not need the REINS Act to help it review rules, and in fact the REINS Act is not likely to help Congress review rules; the more likely fate for rules will either be a pro forma approval by Congress, which just adds an unnecessary step to the already lengthy rulemaking process, or else death by congressional inaction or political bickering,” Schwartz said.

  • Questionable Conclusions About Bias at White House Regulatory Review Office

    The office in the White House that considers the costs and benefits of new regulations is being accused of bias in a recent report report by the Center for Progressive Reform (CPR). Concerned that the Obama administration is using its political compass to reduce public protections, the report lays blame at the feet of the somewhat obscure but extremely important Office of Information and Regulatory Affairs (OIRA).

    The report takes issue with the number of changes this office makes to the rules it reviews. Before dealing with the specific complaints, we underscore that it is OIRA’s job to address questions that are brought up in public comments or by other agencies. Sometimes these comments are justified and require a response. This is the review process at work, not proof of bad faith. If OIRA were simply to stamp each regulation “approved” without making adjustments, there would be no purpose to having the office at all.

  • Traffic jams, ISPs and net neutrality

    In the net neutrality debate, Internet Service Providers like AT&T and Verizon, have said they need to charge content providers for prioritization so they can invest in improving infrastructure: faster internet service for all, they say.

    But placing a price on prioritizing content creates an inherent disincentive to expand infrastructure. ISPs would profit from a congested Internet in which some content providers will be more than willing to pay an additional fee for faster delivery to users. Content providers like the New York Times and Google would have little choice but to fork it over to get their information to end users. But end users would be unlikely to see the promised upgrades in speed. Those are some of the results of research we conducted on the Internet market.

  • Benefits of Rules Outweigh Costs

    Considered collectively, President Obama’s clean air rules will have relatively small negative impact on the economy and a major positive impact on health and the environment. Those claiming otherwise are likely looking only at the costs of these clean air regulations and not considering the benefits.

  • Rubio champions net neutrality repeal

    A study released by the Institute for Policy Integrity in October describes how a weakening of the principle of network neutrality might impact the Web. Based on an analysis of Internet usage, it finds that Internet infrastructure and content work together to generate huge economic benefits for consumers—possibly as much as $5,686 per user, per year.

    Eliminating network neutrality, as some have proposed, may reduce incentives to invest in Internet content and infrastructure.

  • Balanced Justice: Cost-Benefit Analysis and Criminal Justice Policy

    The NYU study represents a smart new way of looking at an old problem; an economic evaluation that strips away some of the emotion (and demagogeury) that surrounds any discussion of crime and justice. It’s easier to be “tough on crime” when you can pay the price, right? But now we can’t. And the collective poverty within our criminal justice systems isn’t going to ease on its own. So bring in the economists! And let the stale, old law-and-order crowd step aside.

  • Inst. for Policy Integrity’s Livermore says pacing of air rules in line with past administrations

    How does the Obama administration’s pace on new regulations compare to those of previous administrations? During today’s OnPoint, Michael Livermore, executive director of the Institute for Policy Integrity at the New York University School of Law, explains why he believes the Obama EPA’s rollout of new rules is in line with previous administrations. Livermore also discusses why this round of air regulations has garnered so much attention.

  • Yes, We’re Still Causing Climate Change & Yes, It’s Still Bad

    That’s why there is an economic consensus that we should put a price on carbon emissions (Figure 4), and why Nobel Prize-winning economist Paul Krugman called putting a price on these emissions “Econ 101”. New York University School of Law Institute for Policy Integrity survey of economists with expertise in climate, results when asked under which circumstances the USA should reduce its emissions.
  • Reality ruins another GOP talking point

    Michael Livermore, executive director of the Institute for Policy Integrity at the New York University School of Law, told Bloomberg the regulatory issue is “getting picked up and talked about, but not for any good reason.”

  • Obama Wrote 5% Fewer Rules Than Bush While Costing Business

    “This is getting picked up and talked about, but not for any good reason,” Michael Livermore, executive director of the Institute for Policy Integrity at the New York University School of Law, said in an interview. “There’s nothing new about this attack: It comes and goes in good times and in bad.”