Comment on Cutting ‘red tape’ is nothing but a red herring – and arguably counterproductive | Heather Stewart

SubArcticTundra@lemmy.ml ⁨4⁩ ⁨days⁩ ago

The researchers calculated the percent of GDP that regulation consumed and compared the data across seven large European countries. They found evidence that red tape impacted a country’s GDP an average of 0.8 percent. 

business.columbia.edu/…/red-tape-regulation-gdp

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