Economics Of Regulation
Regulatory economics is the economics of regulation, in the sense of the application of law by government that is used for various purposes, such as centrally-planning an economy, remedying market failure, enriching well-connected firms, or benefiting politicians (see capture). It is not considered to include voluntary regulation that may be accomplished in the private sphere.
Read more about Economics Of Regulation: Regulation As A Process, Theories of Regulation, Regulation As Red Tape, Deregulation
Famous quotes containing the words economics of, economics and/or regulation:
“I am not prepared to accept the economics of a housewife.”
—Jacques Chirac (b. 1932)
“I am not prepared to accept the economics of a housewife.”
—Jacques Chirac (b. 1932)
“Nothing changes my twenty-six years in the military. I continue to love it and everything it stands for and everything I was able to accomplish in it. To put up a wall against the military because of one regulation would be doing the same thing that the regulation does in terms of negating people.”
—Margarethe Cammermeyer (b. 1942)