regulation

À procura de um culpado: “A desregulamentação causou a crise financeira”

Leave a Comment / Economics, Politics /

Você já ouviu a afirmação: “a desregulamentação causou a crise financeira”. Nos anos que antecederam a 2008, diz a história, maus economistas convenceram maus políticos a desregularem os setores bancário e financeiro da economia, e maus capitalistas desfrutaram de uma orgia de ganância que fez com que o sistema enlouquecesse. Os prêmios Nobel Joseph Stiglitz […]

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Unauthorized book marketing — News Report

4 Comments / Politics /

Imagine the following news report: ‘Children’s Publishing, Inc., has reached a $105 million settlement with several U.S. states over the unlawful market of its history books. The book publishing company did not admit wrongdoing but confirmed its agreement with 44 states and the U.S. Department of Education. “The settlement requires CPI to pay a penalty

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Davidson on rent control as “perverse”

Leave a Comment / Business, Business Ethics, Economics, Politics /

A good journalistic piece in The New York Times: “The Perverse Effects of Rent Regulation.” (Thanks to R.M. for the link.) Rent control is a classic case of bad economics and bad ethics. The bad economics is ignorance of unintended consequences — in this case a price control that makes the initial problem worse. The

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