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Regulation works best when those regulated timely uncover their own mistakes, promptly move to correct the damage, and fully disclose the causes, effects, and remedies.
But this kind of regulation works best where the gizmos being regulated are difficult and/or expensive to make.
This view was exacerbated by the way regulation works in the U.S. Too many regulators, for instance, are political appointees, instead of civil servants.
Before we add even more regulation to one of the most extensively regulated industries in the economy we need reform that makes government regulation works.
We will take a fresh look at the way regulation works.
If regulation works so well, demand gun rights advocates, why is Chicago in such a mess?
Similar(30)
Will this regulation work?
Nor has regulation worked.
The case of Britain's Charity Commission highlights the difficulty in making regulation work.
His outfit will be considerably less flashy than the designer-label clothing he used to wear; prisoners must settle for cotton shirts, tan pants and regulation work boots.
But does regulation work?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com