Some scholars are actually entertaining the possibility that America might be overregulated and, of course, you can find them at the Federalist Society. “All three branches have caused it and done nothing to stop it,” Stephen Vladeck, a law professor at American University, said at the Federalist Society’s recent conclave at the Mayflower Hotel here in Washington. American businesses must comply with about 4,000 new federal regulations per year, William Kovacs of the U. S. Chamber of Commerce, noted at the Federalist Society meeting. This is in addition to the 200,000 U.S. government rules that have already been put in...