Friday, May 27, 2016

Regulation - The Hidden Curse
GoldMoney's Alasdair Macleod provides considerations on the dark side of regulations - how they have become extremely complex & costly - to a large extent regulations suit big businesses well, because they can easily afford the lawyers to advise them how best to work the regulations they themselves have drafted to their advantage .. "This is the underlying reason the west faces economic failure, while the newly-industrialised nations are so dynamic. The old world is sinking into a quicksand of bureaucratic, anti-competitive regulation, while the new order is based on the firmer ground of free markets."
LINK HERE to the essay

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