Quotes About Regulation

The financial crisis of 2008-09 was in large part the result of the so-called 'success' of people who did not understand their fiduciary duty. This kind of 'success' is extremely harmful to all of society.

There is a state that is able to understand the demand in the economy. That state should use prices as an instrument for implementation of this understanding.

There are a lot of people getting killed by guns in our country for reasons, from my understanding, that are preventable. So many guns that are left loaded, unlocked. So you can educate. That doesn't seem to be too controversial - education.

Overcoming the myth that there is such a thing as an objectively defined 'free market' is the first step towards understanding capitalism.

The corporate community understands the need for rules. Indeed, it argues for regulation to protect intellectual property, physical property rights, and contract law. So why does it oppose global regulation to protect people and the environment?

The ancients understood the regulation of power better than the regulation of liberty.

Under President Donald Trump's leadership, EPA has sought to undo and correct the Obama administration's failed regulatory decisions, proving that environmental protection and economic prosperity go hand-in-hand.

One of the powerful temptations is that of the cinema palace. The cinema has undoubtedly an enormous attraction for boys, and people are constantly cudgelling their brains how to stop it. But it is one of those things which would be very difficult to stop even if it were altogether desirable.

This is very intriguing to think we should audit the Fed, but I discovered that probably if they audited the Fed, it would get a clean bill because it's undoubtedly doing exactly what it's supposed to do according to the law.

Those who drafted and ratified the Second Amendment were undoubtedly aware that the right they were establishing carried a risk of misuse, and States have considerable latitude to regulate the exercise of the right in ways that will minimize that risk. But States may not seek to reduce the danger by curtailing the right itself.

It is unethical to promote old songs sung by new artistes, and the government should ban these things.

Well, I like regulation as little as anybody else. It can be intrusive. It can be detailed. It can be bureaucratic. It can be unevenly administered. It can be unfair. But most regulations that we have for mutual funds and for banks are regulations that we earned. We did something wrong and we're paying a price for it.

Unfair trade practices should be regulated because they're unfair.

No government can give a selective advantage to a specific company, because that would make competition unfair.

Because these credit agencies operate in the dark, they are allowed to be terribly unfair and unaccountable.

We can prevent unfair advantage, and we can avoid the destabilizing effect that high frequency trading can have.

But I suspect most people across the United States are still unfamiliar with PFAS and don't realize the exposure that occurs. I'm going to continue doing what I can elevating that awareness.

In the Telecommunications Act of 1996, the government called for an Internet 'unfettered by Federal or State regulation.' The result of that fateful decision was the greatest free-market success story in history.

Broadband companies can have great success offering access to the unfettered Internet.

Unfettered free trade has led to a disaster.

Beginning in the Clinton administration, there was, for nearly two decades, a broad bipartisan consensus that the best Internet policy was light-touch regulation - rules that promoted competition and kept the Internet 'unfettered by federal or state regulation.' Under this policy, a free and open Internet flourished.

Reclassification is the best way to for us to preserve the Internet as an unfettered tool for communication and the sharing of ideas.

Control freak politicians never rest, and a few of the more dedicated ones are working relentlessly to slap chains on the world's most unfettered market. The Marketplace Fairness Act will end up forcing consumers to pay higher prices for the goods they desire.

I spent my whole career thinking about risk, markets, infrastructure, and regulation. I had seen the financial crisis unfold, and I had seen the credit derivatives market get operationally ahead of itself, which resulted in systemic risk counterparty exposures. I began to believe that distributed ledgers had the capability to tackle that problem.