Competition is good— but only when it encourages a “race to the top.” That’s true in business and among the states as well. Competition can encourage policy innovation. For example, Pennsylvania carefully (but reasonably) regulates hydraulic fracturing, and it is reaping the benefits as companies create jobs by safely extracting oil and natural gas. ... MORERich Tucker: Electric Cars And Crony Federalism
Competition is good— but only when it encourages a “race to the top.” That’s true in business and among the states as well. Competition can encourage policy innovation. For example, Pennsylvania carefully (but reasonably) regulates hydraulic fracturing, and it is reaping the benefits as companies create jobs by safely extracting oil and natural gas. ... MORE