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What We’re Not Regulating

Apparently “Homeland Security accounts for roughly 90% of the increase in federal regulatory employment over the past ten years” and Michael Mandel shows that the increase in non-HS regulatory employment seems to have been quite uneven as well:

It’s on the environment and in the banking sector where I think the case for more rigorous regulation was strongest ten years ago, yet those have not been the points of evidence. Admittedly, though, it’s somewhat difficult to fully interpret this data without a better understanding of how the “energy” element relates to the environment.

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