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Regulation and Distrust
marginalrevolution.com - 6/26/2009
Regulation and Distrust
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In an  interesting paper , Aghion, Algan, Cahuc and Shleifer show that regulation is greater in societies where people do not trust one another.  The graph below, for example, shows that societies with a greater level of distrust have stronger minimum wage laws.  Note that the ...

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self-evident:  Links

Alea:  Saturday Links

FT Alphaville:  Further reading

FiNTAG - Hedge Fund News, Views, Opinions and Gossip:  THE FINTAG NEWSLETTER @ 29 June 2009

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self-evident — The Netflix prize has been won (Marginal Revolution). Regulation and Distrust (Marginal Revolution again). Excerpt: Thus, societies with a lot of distrust generate regulation and corruption and citizens who don’t have the skills or preferences to break out of the distrust equilibrium. Consider, for example, that in societies with a lot of distrust parents are less likely to consider it important to teach their children about tolerance and respect for others. In the Coachella Valley, hope withers on the ...

Saturday Links
Alea — Regulation and Distrust Spain’s €99 billion bank bail-out Climate bill would tighten U.S. derivatives rules Inching Toward Dark Pool Reporting Standards The Climate Change Climate Change US passes million swine flu cases Sunshine disappoints Wimbledon roof watchers Email this post

Further reading
FT Alphaville — ... The Oil Drum The price of everything The Reformed Broker The Streetwise Professor Ultimi Barbarorum Zero Hedge Site navigation Technical Help Rules and Disclaimer About FT Alphaville Contact the team Markets Live - a guide for new readers Principal content Further reading Posted by Tracy Alloway on Jun 29 08:19. Elsewhere on Monday, - Debating the CRA , ad infinitum. - Regulation and distrust . - On moving averages and the end of the recession. - Lunching with the ...

THE FINTAG NEWSLETTER @ 29 June 2009
FiNTAG - Hedge Fund News, Views, Opinions and Gossip — ... valuation drum for years and now the ear plugs are out, these huge marked to my prices funds are having to do what most European and Asian funds have been doing for years. That is come clean. Of course timing is perfect. Self pricing during the illiquidity boom saved them many NAV bips and now things are turning round, a positive marketing campaign on how Caxton are so open and transparent seems to follow the tide of Investor demands. REGULATION AND DISTRUST marginal revolution ...

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