Important Legal Book to Read on Government Regulations - Legal Book Review
Lately in the US many have called for more regulation of banks, rating agencies, Wall Street, insurance companies, real estate industry and Freddie Mac and Fannie Mae.
Still, there are regulations in place already, many were ignored and unenforced, while some regulations actually helped cause the crisis.
It is for this reason and it is my contention that those who call for more regulation, need to learn a little more about how regulations work, what they do, what they don't do, what they have done and the reality of their usefulness.
Therefore, I'd like to respectfully recommend that you read the following law book: "The Politics of Regulation; Examining Institutions and Regulatory Reforms for the Age of Government" edited by Jacint Jordana and David Levi Faur; Edward Egar Publishing 2004.
This book is a compilation from 6 experts and 10 contributors on politics, economics, and regulation.
This is a wonderful book that reminds of the fears once uttered by Adam Smith and even the comments of the famous anti-capitalist Karl Marx.
More recent authors would confirm much of what has been written in this book for instance Smoot in "The Business Side of Government" or DiLorenzo in his excellent work where he states that capitalism has not succeed because of government intervention and regulation, but rather in spite of it.
This book is a very complete run-down of the questions above and it should be a must for anyone who claims to be an economist, regulator, banker, or industrialist.
I certainly hope you will join me in educating yourself on regulatory reform in this day of growing government and control over what we call; free markets So, please think on this.
Still, there are regulations in place already, many were ignored and unenforced, while some regulations actually helped cause the crisis.
It is for this reason and it is my contention that those who call for more regulation, need to learn a little more about how regulations work, what they do, what they don't do, what they have done and the reality of their usefulness.
Therefore, I'd like to respectfully recommend that you read the following law book: "The Politics of Regulation; Examining Institutions and Regulatory Reforms for the Age of Government" edited by Jacint Jordana and David Levi Faur; Edward Egar Publishing 2004.
This book is a compilation from 6 experts and 10 contributors on politics, economics, and regulation.
This is a wonderful book that reminds of the fears once uttered by Adam Smith and even the comments of the famous anti-capitalist Karl Marx.
More recent authors would confirm much of what has been written in this book for instance Smoot in "The Business Side of Government" or DiLorenzo in his excellent work where he states that capitalism has not succeed because of government intervention and regulation, but rather in spite of it.
This book is a very complete run-down of the questions above and it should be a must for anyone who claims to be an economist, regulator, banker, or industrialist.
I certainly hope you will join me in educating yourself on regulatory reform in this day of growing government and control over what we call; free markets So, please think on this.
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