The second paragraph is especially funny.

Davis, Bob. 2004. "With White House Ex-Staffers, Mercatus Helps Zap
Codes It Says Restrict Business." Wall Street Journal (16 July): p. A 1.

"In 1998, Wendy Gramm, who headed the White House Office of Information
and Regulatory Affairs during the Reagan years, started Mercatus's
regulatory review group.  She hired a small staff of regulatory experts
to work with economists at George Mason and elsewhere.  Ms. Gramm, wife
of former Texas Republican Sen. Phil Gramm, says Mercatus differs from
special interests because it analyzes "all impacts" of rules with the
public interest in mind.  Over the past six years, Mercatus has filed
100 comments to 31 agencies on rules ranging from auto safety to
financial regulation."
"Mercatus analysts sometimes contort themselves to build a case against
regulation.  Ms. Dudley and Ms. Gramm criticized one EPA rule to reduce
surface ozone because the EPA didn't take into account that clearer
skies would increase the rate of skin cancer.  Later, two other Mercatus
scholars blasted a different EPA rule on diesel engines, arguing that it
was bad because it would increase surface ozone in some cities.  This
time they didn't say anything about the cancer-prevention benefits of
more smog.  "We didn't go to the next step," Ms. Dudley acknowledges."

--

Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901

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