The word “regulation” can be a pretty loaded one in the world of public policy. To some, it means health and safety protections necessary for a well-functioning economy and society. To others, it means unnecessary bureaucratic restrictions that kill jobs and favor large, established businesses.

What just about everyone can agree on, however, is that there’s room for improvement in the existing regulatory system. Today, we’re talking about the idea of “win-win” regulatory reform. Or, put differently, how policymakers can approach improving the regulatory system to make sure it works better for everyone.

To do that, we asked our distinguished panel of regulatory experts to discuss what to do with the long laundry list of unnecessary or outdated rules:

• Laura Jones, Executive Vice-President and Chief Strategic Officer of the Canadian Federation of Independent Businesses and a regulatory economist who has written for the Mercatus Center. 
• Kevin Falcon, Former Minister of Finance and Deputy Premier for British Columbia, who has worked in the trenches as a policymaker on regulatory reform efforts in Canada. 
• Patrick McLaughlin, Director of the Mercatus Center’s Program for Economic Research on Regulation, and former Senior Economist at the Department of Transportation.

 

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Follow Chad on Twitter @ChadMReese.