We have parts of our system which are overwhelmed by regulation. It wasn't the absence of regulation that was the problem. It was despite the presence of regulation you got huge risks built up.
O God, impress upon me the value of time, and give regulation to all my thoughts and to all my movements.thomas chalmers
When persons are present to one another they can function not merely as physical instruments but also as communicative ones. This possibility, no less than the physical one, is fateful for everyone concerned and in every society appears to come under strict normative regulation, giving rise to a kind of communication traffic order...erving goffman
The common law of chattels, that is to say, the law ultimately adopted by the King's courts for the regulation of disputes about the ownership and possession of goods, was, to be a substantial extent, a by-product of that new procedure which had been mainly introduced to perfect the feudal scheme of land law.edward jenks
The millions of laws which exist for the regulation of humanity appear upon investigation to be divided into three principal categories: protection of property, protection of persons, protection of government. And by analyzing each of these three categories, we arrive at the same logical and necessary conclusion: the uselessness and hurtfulness of law.peter kropotkin
I think the knowledge about how legislation really affects small businesses is extremely valuable. If you haven’t run a small business, then you don’t have this kind of knowledge about how a regulation passed or taxes increased affects your bottom line. If you recognize that every new regulation takes that much more time to comply with, requires that many more employees, then it really gives you that foundational basis to make those decisions.kristi noem
"regulation is useful and proper, when aimed at the prevention of fraud or contrivance, manifestly injurious to other kinds of production, or to the public safety, and not at prescribing the nature of the products and the methods of fabrication."jean-baptiste say
Whenever the legislature attempts to regulate the differences between masters and their workmen, its counsellors are always the masters. When the regulation, therefore, is in favor of the workmen, it is always just and equitable; but it is sometimes otherwise when in favor of the masters.Adam Smith
The proposal of any new law or regulation of commerce which comes from this order, ought always to be listened to with great precaution, and ought never to be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention. It comes from an order of men, whose interest is never exactly the same with that of the public, who have generally an interest to deceive and even to oppress the public, and who accordingly have, upon many occasions, both deceived and oppressed it."Adam Smith
To give the monopoly of the home-market to the produce of domestic industry, in any particular art or manufacture, is in some measure to direct private people in what manner they ought to employ their capitals, and must, in almost all cases, be either a useless or a hurtful regulation.Adam Smith
State capitalism is about more than emergency government spending, implementation of more intelligent regulation, or a stronger social safety net. It’s about state dominance of economic activity for political gain.ian bremmer
In the debate between those who believe in essentially unregulated markets and others who hold that reasonable regulation diminishes market excesses without inhibiting their basic function, the subprime situation unfortunately provides ammunition for the latter view.barney frank
[The right] may never bring prayer back to schools, but it has rescued all manner of rightwing economic nostrums from history’s dustbins. Having rolled back the landmark economic reforms of the sixties (the war on poverty) and those of the thirties (labor law, agricultural price supports, banking regulation), its leaders now turn their guns on the accomplishments of the earliest years of progressivism (Woodrow Wilson’s estate tax; Theodore Roosevelt’s anti-trust measures). With a little more effort, the backlash may well repeal the entire twentieth century.thomas frank
All affected can accept the consequences and the side effects that [the norm's] general observance can be anticipated to have for the satisfaction of everyone's interests, and the consequences are preferred to those of known alternative possibilities for regulation.jürgen habermas
The general rule, at least, is that while property may be regulated to a certain extent, if regulation goes too far it will be recognized as a taking.Holmes, Jr., Oliver Wendell
In most cases, to be reasonable means not to be obstinate, which in turn points to conformity with reality as it is. The principle of adjustment is taken for granted. When the idea of reason was conceived, it was intended to achieve more than the mere regulation of the relation between means and ends: it was regarded as the instrument for understanding the ends, for determining them.max horkheimer
Some kinds of government regulation of private consensual homosexual behavior may face substantial constitutional challenge.anthony kennedy
Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation.john mccain
Quotas are a perfectly logical, if diabolical, extension of the regulation of private property courtesy of the Civil Rights Act, whereby in an attempt to shape American society in politically pleasing ways, people have been coerced into liking, hiring or renting against their will or better judgment.ilana mercer
Maybe you just can't protect people from certain specialized types of folly with any sane amount of regulation, and the correct response is to give up on the high social costs of inadequately protecting people from themselves under certain circumstances.eliezer yudkowsky
The less we do to address climate change now, the more regulation we will have in the future.Bill Nye
The common law of chattels, that is to say, the law ultimately adopted by the King's courts for the regulation of disputes about the ownership and possession of goods, was, to be a substantial extent, a by-product of that new procedure which had been mainly introduced to perfect the feudal scheme of land law.
Quotas are a perfectly logical, if diabolical, extension of the regulation of private property courtesy of the Civil Rights Act, whereby in an attempt to shape American society in politically pleasing ways, people have been coerced into liking, hiring or renting against their will or better judgment.
The general rule, at least, is that while property may be regulated to a certain extent, if regulation goes too far it will be recognized as a taking.
There is confusion among some people, who think a constitution takes the place of the Koran and the Sunna , which is not true. As you know, any Saudi who is familiar with the situation in Saudi Arabia cannot establish a constitution, a regulation, or a law that runs counter to the Islamic Shari'a.
The doctrine of controls and regulation on private enterprise led to: "a nightmare… [a]n untrained army of underpaid engineers… operating… without clear-cut criteria, vetted thousands of applications on an ad-hoc basis… months in… futile microreview…. again lost months reviewing the same data… interministerial licensing committee… equally ignorant of entrepreneurial realities… also operat[ing] upon ad hoc criteria in the absence of well-ordered priorities…. seek approval for the import of machinery from the capital goods licensing committee… foreign agreements committee… state financial institutions. The result was enormous delays… years… with staggering opportunities for corruption…"
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