Regulatory Environment Quotes
Chomsky sees this as a problem. Many others see it as a virtue that government agencies receive current information from companies and that there is an exchange of personnel where company officials bring their experience to assist government and corporations benefit from having executives who had some government experience.
From an editorial commentary about how EU regulations targeting American technology companies beg the question about the ultimate impact on local entrepreneurship and why their aren’t European tech monoliths to regulate.
in the Meltdown of 2008 Gramm was one of the most ideological deregulators in Congress. As the Meltdown of 2008 hit, he immediately made this statement when few people even knew the extent of what had happened, much less why it happened. Gramm’s instant absolution of deregulation as one of the causes is a classic case of denial. There were few economic issues of controversy that did not contribute to the totality of causes. And a few years later Gramm was one of the very few ideologues who still believed that deregulation did not have a role in the Meltdown and the Great Recession that followed. For a contrast from the expert in his own party, see {638023}.