The tsunami of regulations flowing from the likes of the Dodd-Frank legislation provides a basis for comparing the regulatory surge following the Great Recession with that of the Great Depression. While we don’t expect another National Recovery Act (NRA) with strict regulation of prices and production for every element of the economy, the size and scope of the regulatory surge is compelling. The chart below shows that over 6,000 new regulations were proposed in the last 90 days at ...

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