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Failure to regulate regulation could prove costly

Failure to regulate regulation could prove costly


Irish Times, 18th May 2012

COLIN SCOTT

ECONOMICS: REGULATION HAS been a boom area of public policy throughout much of the industrialised world over the last four decades.

The popularity of regulation is not difficult to understand – it offers a relatively low-cost way for governments to signal that they are addressing perceived policy problems, a motivation that becomes even more important during periods of budgetary crisis.....read on