RegData

Before the 2008 financial crisis: increasing or decreasing regulation?

In my “Where are all those free-market economists who caused the financial crisis?”, I cited survey results showing that very few professional economists are deregulation advocates, and I cited data indicating an increase in regulation in the lead-up to the crisis. Here is Regdata’s more recent “Did Deregulation Cause the Financial Crisis? Examining a Common […]

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Corruption—Is It Worse in Free or Government-Regulated Markets? [Good Life series]

Bad things happen in free markets. Some people lie, cut corners, commit fraud, and write bad checks. Others renege on contracts, offer or accept bribes, give kickbacks, embezzle, and more. Often this translates into an argument for government regulation. Free markets maximize liberty, the argument runs, so they give much more scope to immoral individuals,

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Blamestorming and “Deregulation caused the financial crisis” [Good Life series]

You’ve heard the claim: “Deregulation caused the crisis.” In the years leading up to 2008, the story goes, bad economists convinced bad politicians to deregulate the money/banking/finance sector of the economy, and bad capitalists then enjoyed an orgy of greed that caused the system to go haywire. Nobel-Prize-winners Joseph Stiglitz and Paul Krugman have signed

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Corrupção — a regulamentação governamental ajuda?

Coisas ruins acontecem no livre mercado. Algumas pessoas mentem, utilizam atalhos, cometem fraudes e passam cheques sem fundo. Outros não cumprem contratos, oferecem ou aceitam suborno, pagam propina, roubam e assim por diante. Frequentemente isso se traduz em argumentos em prol da regulamentação governamental. O livre mercado maximiza a liberdade, diz o argumento, dando mais oportunidades

Corrupção — a regulamentação governamental ajuda? Read More »