Some Reflections on the Ubiquity of Regulation

8 Pages Posted: 29 Feb 2016

Date Written: February 2016

Abstract

The authors argue, using historical examples from finance, the production of wine and music, that competition within the rule of law, without government regulation, produces desirable outcomes.

Keywords: banking, Basel rules, music, regulation, wine

Suggested Citation

Capie, Forrest and Wood, Geoffrey E., Some Reflections on the Ubiquity of Regulation (February 2016). Economic Affairs, Vol. 36, Issue 1, pp. 48-55, 2016, Available at SSRN: https://ssrn.com/abstract=2738857 or http://dx.doi.org/10.1111/ecaf.12140

Forrest Capie (Contact Author)

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom
020 7601 3680 (Phone)

Geoffrey E. Wood

Cass Business School ( email )

London, EC2Y 8HB
Great Britain
+44 0 20 7040 8740 (Phone)
+44 0 20 7040 8881 (Fax)

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