A regulatory system that learns and improves

In my previous post I discussed why the Obama administration is right to make renewing America’s regulatory system a priority.

We already have a situation where citizens armed with information are drawing attention to many important fissures in the global economy that threaten to undermine global peace and stability, issues such as climate change, food security, water scarcity, and corruption. They are increasingly willing and able to contribute to solving these issues, and they are also acting as watchdogs who scrutinize each step or misstep governments and corporations make along the way. The question now is how to make these citizen watchdogs an effective extension of the regulatory system, thereby solving the capacity issues that hamper today’s agencies.

This post describes how to build a new system that embodies values of openness, empowerment, inclusiveness, and knowledge sharing:

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