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Dr. Rapp makes a point that I had hoped was implicit in my letter — that there should be better regulations that are effectively enforced.
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There needs to be better regulation on how contracts are awarded, rather than focusing primarily on competition and cost-cutting.
Dr Hudson thinks there needs to be better regulation of the labs, some of which are more diligent than others in protecting the privacy of their customers.The Organisation for Economic Co-operation and Development OECDD), the rich-nations club based in Paris, is also weighing the matter of lab regulation and other guidelines.
So I know you're not crazy about regulation, but there needs to be better regulation.
There are better regulations; the tax laws are easier to live with; the courts are less capricious.Brands are a consideration too.
In theory incentive-based instruments such as an emission charge or a tradable emission permit system are better regulations than so-called command-and-control regulations such as emission limits or technology standards.
Second is better regulation.
What is really needed is better regulation of financial markets.
Nonetheless, it's one example of how less regulation might end up being better regulation.
State-controlled Lloyds and RBS pay no dividends but the government can hardly afford to let them go bust, especially as there is better regulation of risk and balance sheet".
He concludes it's important to a growing economy; the problem is when it mutates and grows to the point where weaknesses in new products pose systemic risk.The solution to that problem is better regulation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com