Ronald Coase Quotes

Is regulation per se bad? Is better regulation bad? I think better regulation is good for the business community, and I think that's something we should get together on.

We're one of the most highly regulated industries, and we have to pay attention to what government is doing.

Road testing the effects of regulation on European business must become second nature to the European Union.

Legislation must be passed which undoes the damage caused by excessive de-regulation. That means reinstalling the regulatory firewalls that were ripped down in 1999.

When an industry has a blanket exemption and someone suggests the most modest regulation, they see it changing the universe in which they do business.

Repealing rules therefore requires federal agencies to explain why the factual and scientific bases for the predicted benefits of their rules were wrong or no longer adequate to justify those rules.

As presidents from Ronald Reagan to Barack Obama have recognized, the real question is whether regulations, whether new or old, are justified. That requires a careful analysis of their costs and their benefits.

There is certainly a role for regulation, but regulation should always take into account the impact that it has on markets, a balance that must be constantly weighed.

We need to cut regulations. Apparently this will make everyone a little more socially responsible?

We've issued a game-changing new rule that says for each one new regulation, two old regulations must be eliminated. Makes sense. Nobody's ever seen regulations like we have.

Banks are concerned the central bank is imposing too many regulations. If the trend continues, we'll swing to heavy regulation. We need to have balanced regulation to encourage the economy.

More than 50% of significant new regulations that impact on business in the UK now emanate from the EU.

There is no evidence that more regulation makes things better. The most highly regulated industry in America is commercial banking, and that didn't save those institutions from making terrible decisions.

I'm always a little cautious, there's a few amendments that are out there that I think could do some damage, so I've been more concerned about over regulating, going too far.

There is a very real danger that financial regulation will become a wolf in sheep's clothing.

In the U.A.E. we were the least-regulated environment in the region, and over time we are seeing more and more regulation coming in. On the other hand, a central bank can overregulate and choke the economy, and then we will have a dead banking industry.

We cannot afford the EPA's continued expansion of red tape that is slowing economic growth and threatening to entangle millions of small businesses.

To say that only those businesses affected with a public interest may be regulated is but another way of stating that all those businesses which may be regulated are affected with a public interest.

If we want our regulators to do better, we have to embrace a simple idea: regulation isn't an obstacle to thriving free markets; it's a vital part of them.

Our government is just way too interested in mucking around in Silicon Valley by creating and enforcing rules based on little or no understanding of the consequences.

I think a lot of times there is a tendency in Washington to make rules because of something that was adverse or fraud or something like that. And we make a lot of rules and end up hurting a lot of innocent people that are trying to start up their companies.

You can't, in a government agency, regulate everything that moves ... you can't regulate everything ... you must strike a balance.

We're so overregulated as a country that we just crushed our productivity.

Dodd-Frank represents the greatest regulatory burden on our economy, more so than all the other Obama-era regulations combined.

I frankly think we in the financial service world believe we need appropriate kinds of regulations. No question about that. But when something like Dodd-Frank has been created, sort of in the mystery of night, it is a huge document. It's vast. It weighs about 10 pounds when I carry it around.