It’s a plain, squat building on a billboarded Albuquerque boulevard, the office of an insurance agency called MLA—entirely unremarkable except perhaps to those who know it is owned by a U.S. congressman. Early in the 1970s federal funds started to disappear here. The money wasn’t being stolen. Nor was it being fumbled away through incompetence. […]
November 1982
Posted inMagazine, November 1982
Reagan’s Regulatory Report Card
Government regulation is a bit like sex. (Bear with me for a moment—or would you prefer to read about “cost-benefit analysis” right away?) Most people can agree it’s a necessary thing, but start talking about how much is necessary—and of what variety—and opinions quickly diverge. Liberals generally tend to be permissive in both regards, and […]
