Category Archives: regulation

Regulatory responsiveness and industry policy

I’ve been arguing that our current approach to efficient regulation is blockheaded for as long as I can remember. I’ve even pointed out how one might possibly do quite a lot better with a less ideologically Manichean approach in which regulatory policy is a … Continue reading

Posted in Economics and public policy, Innovation, regulation | 3 Comments

Would sortition help against corruption?

Political parties and institutions in Australia and the US are increasingly dominated by interest groups representing the few, leading to a large policy-induced increase in inequality in recent decades and a long raft of new policies favouring the few by … Continue reading

Posted in bubble, Cultural Critique, Economics and public policy, Ethics, Geeky Musings, History, Information, Law, Libertarian Musings, Life, Philosophy, Political theory, Politics - national, Public and Private Goods, regulation, Social Policy, Society | 65 Comments

SMSFs and red tape

Regulation has a special place in the heart of this blog and superannuation is a particular fave. I’ve offered some connoisseurship of Self Managed Super Fund regulation in the past. I could say that this takes the cake, but really it’s just … Continue reading

Posted in Economics and public policy, regulation | Leave a comment

Doing over the creditors, Greek style

As Greece’s situation has gone in recent days from bad to worse to worser to even-worserer-than-that, I’ve seen a lot of claims that the European authorities treated Greece’s private creditors too generously back in 2010-2012. My natural tendency was to … Continue reading

Posted in Business, Economics and public policy, regulation | 9 Comments

Habituation – to mediocrity

A Tale of Repetition: Lessons from Florida Restaurant Inspections by Ginger Zhe Jin, Jungmin Lee – #20596 (IO) Abstract: We examine the role of repetition in government regulation. Using Florida restaurant inspection data from 2003 to 2010, we find that … Continue reading

Posted in Economics and public policy, regulation | 1 Comment

Matt Levine helps you understand the bank regulation problem in 1800 words

If you want to understand what bank regulators were doing in 2008, and what people like APRA and the Reserve Bank worry about here, try reading Matt Levine’s latest column. Leviine’s piece is nominally about a weird court case involving … Continue reading

Posted in Business, regulation | 24 Comments

The Pell Principle: Mission will trump morality

The current inquiry into institutional child abuse holds some interesting lessons about the nature of religion, which I’ll stay clear of here. But it also holds a larger lesson about the ability of organisations to act morally and to act … Continue reading

Posted in regulation, Religion, Society | 20 Comments