Given the underregulation we have seen, more regulation now is not the problem.
Onésimo Alvarez-Moro
See article:
For decades, American presidents from both sides of the political aisle have steadily relaxed regulations governing areas from pollution to finance.
But as the U.S. faces its worst economy since the Great Depression—and with a new president who champions a stepped-up role for government—President Obama’s administration appears poised to move aggressively on a number of fronts: from reigning in the finance segment—including the formerly nearly ungoverned hedge fund market, to embracing new strategies to cut emissions.
A bigger dose of regulation may indeed be in order, say faculty from Emory University and its Goizueta Business School. But they also caution that heavy-handed oversight could pose fresh threats to financial institutions and to other struggling industries.
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