“THERE is nothing magic about regulations. Too much is bad, too little is bad,” said Hillary Clinton in one of her talks at Goldman Sachs. On one hand, overregulation deters economic activity. But on the other, unchecked deregulation leads to grotesque levels of inequality. Good regulation, however, is correlated with foreign direct investment (FDI). It is also negatively correlated with …
Read More »Making regulation more democratic
July 6, 2020