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- W2488166872 abstract "This chapter discusses some facts about regulation, beginning with a case study on antique maps and atlases. Outside of the bare bones of the usual laws of contract, map dealing is free of any regulations. The chapter focuses on the conflict between fairness on the one hand and economic growth on the other—that the whole issue of regulation in financial markets is concerned with. On one hand a financial services industry, open to the general public, without regulation is virtually doomed to organizational and moral chaos due to certain inevitably dysfunctional patterns of human behavior. On the other hand, excessive financial regulation is the death knell of any market or form of economic growth. And that seems to be the case in the U.S. banking system. We need to relearn what “regulation” is really for and what it means. The chapter also talks about regulation across the whole U.S. economy." @default.
- W2488166872 created "2016-08-23" @default.
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- W2488166872 date "2014-12-19" @default.
- W2488166872 modified "2023-10-18" @default.
- W2488166872 title "WHAT IS REGULATION?" @default.
- W2488166872 doi "https://doi.org/10.1002/9781119019602.ch10" @default.
- W2488166872 hasPublicationYear "2014" @default.
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