THE PROS AND CONS OF GOVERNMENT REGULATION |
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| Authors: | Joseph L Porket |
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| Institution: | Joseph L. Porket has doctorates from Charles University, Prague, and the University of London. He has been associated with the Prague School of Economics, Brunel University and St Antony's College, Oxford. |
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| Abstract: | Regulation of human behaviour and human social interaction is a universal feature of both traditional and modern societies. In the latter, on account of their complex structure, regulation inevitably takes place at different levels, albeit within a framework set by government. Consequently, these societies are characterised by a web of formal as well as informal regulation and self-regulation, in other words by a plurality of regulatory systems. And this plurality of regulatory systems is an important source of tensions and conflicts in society. |
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