Who are we?
PSEF is a nonpartisan policy think tank dedicated to fostering the preservation and growth of small enterprise. We conduct regulatory advocacy on behalf of small businesses in Pennsylvania, and also in other states. We employ a unique approach based on high quality, in-depth economic analysis conducted in response to state-level regulatory proposals as part of the public comment process. We also publish general research and host events and meetings to help small businesses engage with government more effectively.
Why is regulatory reform so important for small business?
Regulatory cost is one of the primary inhibitors to small business growth in Pennsylvania and in the USA as a whole. There are thousands of regulatory requirements that create direct and indirect costs, shape markets, and distort incentives. Reforms that require agencies to consider the economic costs to small businesses are a key part of revitalizing small business in America. Even where reforms have been implemented, advocates are needed to help small businesses and their partners navigate the complexities of the regulatory system, which often operates with minimal public input.
How does economic analysis relate to regulatory reform?
Every regulation has a economic impact of some kind. Ideally, the quantifiable economic benefits of a regulation should outweigh its economic costs. Therefore, sound economic analysis is a crucial component of good regulation.
The public comment process for regulatory proposals allows the public an opportunity to voice their concerns around the economic impact of a regulation. However, small businesses and their advocates do not always have the tools to produce such analysis. This is where PSEF seeks to provide critical support and advocacy.
Where does my donation go?
Your donation goes to funding research and public analysis on the economic impact of regulation. Donations also fund events that help small business owners connect with each other and learn about policies that impact them. We also support targeted research and learning opportunities for college students interested in studying small business economics through internships and grants. PSEF does not conduct lobbying or litigation, but we engage in the notice and comment process to support better regulation. We do not directly fund political campaigns or lobby for particular legislation.
How can I get more involved?
We are seeking to support state and national partners by providing research and analysis capabilities that support better outcomes for small business in PA and around the nation. If your organization could benefit from additional research capacity on small business, economic impact of regulation, or regulatory reform, contact us today!
Another primary way you can support our work is through donations, becoming a member, or by donating your time by supporting our research, events, workshops, and community outreach efforts. Contact us if you are interested in volunteering or working with us.