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Regulatory Conference Yandle Presentation 20080915
- 1. 21 st Century Regulation: Discovering Better Solutions for Enduring Problems Why now? Bruce Yandle Distinguished Adjunct Professor of Economics [email_address]
- 2. Federal Register Pages: 1940-2007
- 3. Federal Register Pages per $Billion Real GDP 1940-2007
- 4. Federal Register Pages per $Billion Real GDP 1940-2007 The 1970s’ imprint.
- 8. An Information Revolution Occurred after 1970. So what?
- 12. Meet the Innovators’ Dilemma Clayton Christensen. The Innovators’ Dilemma. Harvard Business School Press, 1997 .
- 13. Totem of Human Talents Source: Michael Cox. Federal Reserve Bank of Dallas Human Connectivity Creativity Analytical Reasoning Formulaic Intelligence Manual Dexterity Brute Force
- 14. Let’s talk about where people work! And how that has changed.
- 15. U.S. Sector Employment: 1970
- 16. U.S. Sector Employment: 2007
- 17. Knowledge-Intensive Manufacturing So what?
- 18. U.S. GDP by Product Group 1970-2006
- 19. The Changing Industrial Scene From 1970s Smokestacks to 21 st Century Knowledge Economy
- 20. U.S. Industrial Production Index 1919-6/2008
- 21. Production-Based Industry Rankings Source: Economic Report of the President, 2005, and Federal Reserve Board. 1972 1980 1990 2000 2004 2007 Iron/Steel Iron/Steel Printing Comp/Elec Comp/Elec Comp/Elec Apparel Apparel Apparel Autos Autos Aircraft Machinery Paper Plast/Rubber Food Food Food Food Fab. Metal Food Fab. Metal Chemicals Plast/Rubber Paper Paper Chemicals Machinery Iron/Steel Fab. Metal Fab. Metal Food Iron/Steel Plast/Rubber Plast/Rubber Elec. Mchry. Chemicals Chemicals Fab. Metal Chemicals Machinery Printing Autos Printing Machinery Printing Fab. Metal Chemicals Printing Autos Plast/Rubber Paper Paper Iron/Steel Plast/Rubber Plast/Rubber Autos Iron/Steel Printing Nonmetal minerals
- 22. Are all the jobs going to China?
- 23. Percentage Change in Manufacturing Employment 1992-2003 Data for The Netherlands and China for 1990-2002 Source: W.A. Ward, Manufacturing Productivity and the Shifting U.S., China, and Global Job Scenes, 1990-2005. Center for International Trade, Clemson University, Clemson, SC.
- 25. Growth in Global Markets Changes Rent-seeking Behavior & Places U.S. Regulators in Head-to-Head International Competition
- 27. Racing to the Top but Struggling with the Bottom So what?
- 29. Race to the top .
- 36. 21 st Century Regulation: Discovering Better Solutions for Enduring Problems Why now? Bruce Yandle Distinguished Adjunct Professor of Economics [email_address]