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He caught the attention of the Bush team when he moved from California to Washington and wrote about unintended consequences of regulation.
And the warnings about the unintended consequences of regulation should be taken with a large grain of salt.
But the rise of high-frequency trading is also a result of the unintended consequences of regulation.
Market failures should be tackled, of course, but always with an eye for the unintended consequences of regulation.
His writings are of a free-market persuasion, tinged with scepticism about how rational investors are and worries about the unintended consequences of regulation.
Some financial institutions already under the supervision of the SEC may wish they could say as much.As it happens, there is good reason to change the rules covering rating agencies, by stripping away the protection granted to the biggest of them by the SEC in 1975 the history of which is a good example of the unintended consequences of regulation.
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The confluence of low coal prices and high gas prices and the unintended consequences of regulations aimed to reduce coal use has led to higher coal use in the recent past.
Furthermore, we demonstrated that API anti-inflammatory activity was related with an inhibition of both canonical and non-canonical NLRP3 inflammasome pathways by decreasing proinflammatory IL-1β and IL-18 cytokine levels as a consequence of regulation of cleaved caspase-1 and caspase-11 enzymes.
Additionally, these changes could be a consequence of regulation of the balance between HA and NA activities subsequent to changes in HA affinity towards its cell receptor.
To determine whether the differential surface expression of IFNAR1 and IFNAR2 in the presence of H5N1 NS1 is a consequence of regulation at the mRNA level, HeLa cells were transfected with either vector-GFP or the NS1-GFP plasmid as above, and GFP-positive cells were FACS sorted 24 hours following transfection for subsequent RNA analysis.
In addition to transcriptional control, dosage compensation could also be a consequence of regulation of sRNA stability.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com