Nella crisi finanziaria che stiamo vivendo la mancanza di trasparenza sui mercati puo' senz' altro aver pesato. Ma qualcuno si fionda subito verso conclusioni indebite: per avere più trasparenza non sono indispensabili più regole. Anzi, una regolamentazione fitta produce spesso opacità:
"... there is a misconception that President Bush’s years in office have been characterized by a hands-off approach to regulation. In large part, this myth stems from the rhetoric of the president and his appointees, who have emphasized the costly burdens that regulation places on business.
But the reality has been very different: continuing heavy regulation, with a growing loss of accountability and effectiveness. That’s dysfunctional governance, not laissez-faire.
...
In the meantime, if you hear a call for more regulation, without a clear explanation of why regulation failed in the past, beware. The odds are that we’ll get additional regulation but with even less accountability and even less focus on solving our very real economic problems..."
"... there is a misconception that President Bush’s years in office have been characterized by a hands-off approach to regulation. In large part, this myth stems from the rhetoric of the president and his appointees, who have emphasized the costly burdens that regulation places on business.
But the reality has been very different: continuing heavy regulation, with a growing loss of accountability and effectiveness. That’s dysfunctional governance, not laissez-faire.
...
In the meantime, if you hear a call for more regulation, without a clear explanation of why regulation failed in the past, beware. The odds are that we’ll get additional regulation but with even less accountability and even less focus on solving our very real economic problems..."
Ci sono regole da levare di mezzo per la confusione che creano. Ci sono quelle da abrogare perchè producono incentivi distorti. E ci sono poi anche le regole da cambiare, magari in senso liberale.
