i think the public had a pretty good idea of what went wrong at the c t c and what wentwrong at the fda. Maybe, maybe they made a different type of error in response to those mistakes. The hard part would seem to be flushing out what exactly that c o o would be able to do. i'm not an anarchist and i'm saying we should have no regulation or no government because it's poorly run. Butu know, there'e a lot of things government does, i think, that are poorly done.
Economist and author Arnold Kling talks about improving government regulation with EconTalk host Russ Roberts. Kling suggests ways to improve the administrative state--the agencies and regulatory bodies that often write the regulations that they enforce. The conversation concludes with Kling's idea for holding public intellectuals accountable for their pronouncements.