( May 2, 2013) -- The reaction was swift—and mixed—to President Obama’s nomination of Howard Shelanski, currently the director of the FTC’s Bureau of Economics, to be the administrator of the Office of Information and Regulatory Affairs in the Office of Management and Budget. That powerful post, known as the regulatory czar, is something of a lightning rod. Its occupant plays a pivotal role in determining whether proposed regulations live or die based on a cost-benefit analysis—a matter of much gravity to activists on both ends of the ideological spectrum....