By: Can better regulation survive a George Bush & his appointees? « Entitled to an Opinion

Sat, 27 Jun 2009 18:20:49 +0000

[...] June 27, 2009 Can better regulation survive a George Bush & his appointees? Posted by teageegeepea under Uncategorized Leave a Comment William Black makes a point I’ve often tried to make to liberals. Of course his solution is just to ban certain kinds of market transactions. I’m reminded of an old post at Post-Austrian Economics (unfortunately removed from the web) where a sort of public-choice challenge was made to Paul Davidson over how the government could expect to handle such complexities and unexpected events in markets, and I think his conclusion was similar. Black also seems to agree with Sailer on “too-big-to-fail“. Megan McArdle & Noam Scheiber distinguish between the hazards of size & complexity/interconnectedness here, and Karl Smith chides them on the difficulty of dismantling failed banks here. [...]

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By: Can better regulation survive a George Bush & his appointees? « Entitled to an Opinion