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Financial Regulation—The Underlying Issues
Authors:Harold Rose
Affiliation:Harold Rose is Esmée Fairbairn Visiting Professor of Finance, London Business School, and Chairman-Designate of the Managing Trustees of the IEA.
Abstract:Financial regulation has become a growth industry because of the growth of the financial sector and because regulation itself tends to expand when it is seen not to be able to prevent collapse, fraud or other abuses, 'Public Choice' sheds light here, and on the costs of regulation.
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