There is a big divergence between views on a variety of policy issues from fiscal stimulus to financial regulation. It's my hope and my ambition for the economics profession that as we advance our knowledge, that those discussions will narrow in thei...
Over the objections, where they sound like squealing pigs, over the objections of Romney and all his allies, we passed some of the toughest Wall Street regulations in history, turning Wall Street back into the allocator of capital it always has been ...
Indian higher education is completely regulated. It's very difficult to start a private university. It's very difficult for a foreign university to come to India. As a result of that, our higher education is simply not keeping pace with India's deman...
Nature is not simply a technical or economical resource, and human beings are not mere numbers. To suggest that one can somehow align all the squabbling institutions of science, environmental management, government and diplomacy in an alliance of con...
Time after time we're told corporations should have freedom from pesky job safety regulations, environmental protections and labor standards - giving working people the freedom to be crushed in collapsing mines, choke on filthy air and get paid too l...
Great Britain revolutionized parts of their regulatory process by actually bringing the people who were going to be regulated to the table and suddenly found that they could solve the problems at a lot lower cost by, again, going back to the thing th...
The oil companies are regulated by the federal government. They can't drill on land nor in American waters without permission from the feds. Many Republicans want to drill baby drill but what's the point if all the oil goes to China? Increased produc...
Why did the earthquake and tsunami occur in Japan? Was it the act of an angry God? No, it was the result of the movement and collision of the earth's tectonic plates - a process driven by the earth's need to regulate its own internal temperature. Wit...
In ancient China, self-government was highly developed both in community life and in personal life. The custom of mutual protection and assistance was widespread. The organization and regulations of local self-government were clearly defined and stri...
The broken consumer credit market had to be repaired by making sure that consumers had the right information and could use it effectively. That meant consolidating the bloated patchwork of ineffective agencies and regulations so that a single agency ...
Regulators all meet with Goldman Sachs executives and employees day after day after day. They don't see the people who get tricked, the people who get cheated, the people who get fooled by the products that Goldman turns out.
When a company is not being guided by the products they make and what the customers need, but by how they can manipulate the system - get regulations on their competitors, or mandates on using their products, or eliminating foreign competition - it j...
If I may discuss the idea of explosion. The number of regulations issued in the last two years is approximately the same as the number issued in the last two years of the Bush administration.
In stating the principles which regulate exchangeable value and price, we should carefully distinguish between those variations which belong to the commodity itself, and those which are occasioned by a variation in the medium in which value is estima...
Our community is like many around the country that have, as the gentleman from New York referenced, sophisticated planning and zoning regulations. These are elements that are developed as a result of local community pressure to balance interests.
It is no wonder that bank capital is regulated. When borrowing and lending is profitable, it is tempting for banks to scale up their operations and to borrow and lend too much in relation to their capital, in effect reducing the effectiveness of the ...
In the immediate aftermath of the hurricane, I sent a letter to EPA Administrator Stephen L Johnson urging him to waive regulations to allow for the early sale of winter grade fuel to help with gasoline shortages and gasoline prices.
When teachers try to teach, nurses try to nurse, small businesses try to serve their clients and the police try to arrest criminals, there is always a regulator or three breathing down their necks. Conservatives want to make people's lives easier.
We think it would be safer if the Bank of England had responsibility for solvency regulation of UK-based banks, as well as having an overall duty to keep the system solvent. Otherwise, there could be dangerous delays if a banking crisis did hit.
Our objective must therefore be to ensure EU better regulation contributes towards delivering a modern European Union which relentlessly focuses on building a dynamic and innovative economy equipped to meet the challenges of the 21st century.
Populists have always been out to challenge the orthodoxy of the corporate order and to empower workaday Americans so they can control their own economic and political destinies. This approach distinguishes the movement from classic liberalism, which...