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Regulation
Electrical Restructuring: The Texas Story explores how Texas's groundbreaking program of electricity restructuring has become a model for truly competitive energy markets in the United States.
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All Sarbanes-Oxley's efforts to control risk did not avoid the tremendous financial bubble and bust of the last several years.
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After having observed financial regulation fail time after time, its adherents still believe that it will work next time if we just make it more pervasive and more intrusive.
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The administration's rationale for setting up a government-run resolution authority--to the extent that it is based on the idea that the interconnectedness of Lehman caused the financial crisis--is not well founded.
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By AEI Staff
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AEI People and Programs
Friday, October 30, 2009
This issue covers the health care debate, the Legatum Institute's Prosperity Index, the swine flu and more.
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Measures to help avoid a future crisis and proposals to change the way in which the government responds to crises should they happen nonetheless.
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The House Financial Services Committee's October 27 Discussion Draft proposes measures that would, if enacted, retard economic growth, allow the government to assume control over the financial system, and seriously impair financial competition.
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Is economic growth the highest priority in Obama's Washington?
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The attack on Wall Street may be smart politics for an embattled administration losing ground with voters and losing support for its financial reform agenda, but it is bad economics.
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As the West contemplates ever tighter regulations on how and where money can be spent, lent, and invested, their leaders should remember that economic and political liberty play a key role in prosperity.
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Tuesday, November 24, 2009
