The Mises Institute article, “The Growth Effects of Federal Regulation,” examines the impact of government regulation on economic prosperity. It highlights a study by economist John W. Dawson that quantifies regulation by counting pages in the Code of Federal Regulations. Dawson’s research suggests a negative correlation between increasing federal regulation and key indicators of economic performance, such as capital productivity and growth. The article further notes that some regulations, particularly those protecting property rights and contracts, show a positive correlation with economic success. Ultimately, the piece argues for less regulation and greater economic freedom, drawing upon Austrian economics and historical examples.
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