The Macroeconomic Impacts of Industrial Regulation

How can governments analyse the broader economic effects of proposed regulations in an interconnected economy? Governments change hundreds if not thousands of regulations and laws every year, ostensibly to protect citizens’ health and safety and to assure the proper functioning of free markets. These regulations are only effective with compliance, which necessarily means that businesses […]

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Across the Eurozone, Citizens Vote Out Austerity Governments

World stocks continue to oscillate with every bond sale and finance minister utterance in the 17 member Eurozone. Yet, the underlying reality is that the situation hasn’t changed at all. Matthew O’Brien has a nice summary in The Atlantic. It’s tragicomic. Southern Europe already has an unemployment crisis. Their depression-levels of joblessness are a dagger […]

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