Should governments prioritize deregulation to boost economic growth?

Context

Deregulation—removing or simplifying government rules on business—is a longstanding economic debate. Proponents argue that excessive regulations stifle innovation, increase costs, and slow growth; critics counter that regulations protect workers, consumers, and the environment from market failures. The tension between these views shapes policy across sectors from finance to energy, with economists disagreeing on whether growth gains outweigh potential risks.