Regressive Regulation and Economic Opportunity
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 29 October 2018
⏱️ 26 minutes
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| 0:00.0 | This is the Kator Daily Podcast for Monday, October 29, 2018. |
| 0:08.3 | I'm Kieva Brown. |
| 0:09.4 | What kinds of regressive regulation keep the poor from climbing the economic ladder to secure the necessities |
| 0:15.1 | of life. |
| 0:16.1 | At a live Cato Daily Podcast recording at Cato Club 200, I spoke with Vanessa Brown Calder |
| 0:21.6 | and Ryan Bourne of Cato and Diane Katz of the Heritage Foundation. |
| 0:26.0 | Ryan Bourne, you wrote a paper recently that sort of inverts this idea about when we think about what is welfare, what does that mean and trying |
| 0:36.6 | to maximize welfare for lower income people, we're almost always told that the focus needs to be on increasing incomes |
| 0:46.1 | so that people can access the good parts of life that is you know basic |
| 0:51.6 | necessities to live. |
| 0:53.4 | And you sort of inverted that. |
| 0:55.4 | You talk about what are the regulations |
| 0:58.3 | that disproportionately harm low-income people? |
| 1:02.1 | What are the policies that we have that disproportionately harm |
| 1:04.9 | low-income people, so at even very low levels of income people can have access |
| 1:10.0 | to these things and at the same time we're increasing freedom and we're not |
| 1:14.5 | harming the public treasury at the same time. So just very broadly if you would walk |
| 1:20.4 | us through some of the some of the evidence that you've found regarding this regressive regulation |
| 1:26.7 | Well the whole purpose of this panel is to talk about regressive regulation what we mean by that are regulations where the costs are borne disproportionately by poorer households. |
| 1:36.2 | And I tend to define that as households in the bottom 20% of the income distribution. |
| 1:41.0 | We could define it in other ways. |
| 1:43.7 | I'd noticed that over the past year or so, |
... |
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