Third Order

Third Order

About the Substack

Good regulatory management paves the path to abundance. I examine problems and solutions in the reg process. 1st order effects = intended consequences. 2nd order = predictable unintended consequences. 3rd order = unpredictable unintended consequences.

About Patrick McLaughlin

I write about the regulatory process, regulatory reform, regulatory accumulation, deregulation. Always with an eye towards the economy. Researcher at Hoover Institution and Pacific Legal Foundation. PhD in Economics from Clemson University.