Less regulation plus less taxation plus less litigation always equals more innovation and job creation.
Life is full of joys and sorrows, much of it our own making. Sadly, the West has voted time and time again for bigger government, more inflation, higher taxes and excessive regulation – all policies that have kept us from Adam Smith’s vision of an opulent society.
Throughout his life, Ronald Reagan believed America is capable of great things and its people could and would lead the way if left unburdened by taxation and regulation.
Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.
Vigilant and effective antitrust enforcement today is preferable to the heavy hand of government regulation of the Internet tomorrow.
We should favor innovation and freedom over regulation.
I envisage there being absolutely no regulation whatsoever – no minimum wage, no maternity or paternity rights, no unfair dismissal rights, no pension rights – for the smallest companies that are trying to get off the ground, in order to give them a chance.
It’s worth knowing that there’s very different sets of regulation for the print press and for broadcast media. They’re different things, particularly during campaign periods.
I don’t believe in government regulation of the software industry.
I’m a latecomer to the environmental issue, which for years seemed to me like an excuse for more government regulation. But I can see that in rich societies, voters are paying less attention to economic issues and more to issues of the spirit, including the environment.
I believe there’s only one regulation in life that works: failure.
Through a mix of market forces and regulation, we’ve brought civilization to the electronic provinces.
We think it would be safer if the Bank of England had responsibility for solvency regulation of UK-based banks, as well as having an overall duty to keep the system solvent. Otherwise, there could be dangerous delays if a banking crisis did hit.
As with the government failures that made 9/11 possible, neglecting to prevent the crash of ’08 was a sin of omission – less the result of deregulation per se than of disbelief in financial regulation as a legitimate mechanism.
Banks are concerned the central bank is imposing too many regulations. If the trend continues, we’ll swing to heavy regulation. We need to have balanced regulation to encourage the economy.
By law and institutional culture, FDA seeks to apply a single tool to its approach to regulation – the requirement for pre-market approval. The agency is accustomed to compelling innovators to submit evidence to FDA and seek permission for marketing.
With the derivatives market larger than ever, we need way more regulation of Wall Street, not less.
Road testing the effects of regulation on European business must become second nature to the European Union.
People start to yawn when you warn them about a move toward socialism. It seems abstract. But if you discuss the issues that arise from high taxes, oppressive regulation, seizure of private property, and dictating of individual behavior, people understand them, and they reject them.
There should be regulation that prevents all schools, not just state schools, from teaching creationism because it is indoctrination, it is planting ideas into children’s heads. We should be teaching children to be much more open-minded.
Some people are totally fine with just checking Instagram once a day and then putting their phone down. But with me… self regulation is very difficult and it’s a battle.
I think it’s a reasonable request to ask: if you’re going to write a piece of regulation that affects Montana, I think you should know the difference between Butte and Bozeman.
It is not my belief that we need greater government regulation of hedge funds with respect to the systemic risk they create.
