Docs Guru
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We need to reform our international financial regulatory system. After things have spun out of control, it seems that policymakers are just trying to implement regulations that worked in the past. The markets have changed and going back to "the way things were" will not work. We need a regulatory change that is a complete overhaul, not just additions to some of the current regulations.
This is a really interesting read about finding an approach that balances societal wellbeing and allows markets to find the most efficient out comes. Check it out: http://www.christianconceptsdaily.com/regulators-as-doctors-should-act-in-the-spirit-hippocratic-oath-first-never-do-harm/
Docs Guru ∙ 20 weeks ago
In a special Wall Street Journal survey conducted over the past week, 21 economists weighed in
on the prospects for change under new Prime Minister Shinzo Abe. The (admittedly unscientific) sample included the American economists who flunked Mr. Shirakawa last month, combined with some widely-followed analysts of the world’s third-largest economy.
Asked whether they thought Mr. Abe’s election was good or bad for Japan’s economy, 15 (71%) gave Abenomics the thumbs up, five said it “won’t make much difference” and just one said it would be bad — “very bad” in fact.
Read the whole article here:
blogs.wsj.com/economics/2013/01/23/economists-give-new-japanese-government-early-thumbs-up