Regulation Quotes

• If you make 10,000 regulations you destroy all respect for the law.

  Winston Churchill

  Respect, Not Giving Up, Law

  "Churchill By Himself".

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• There's nothing magic about regulations, too much is bad, too little is bad.

  Hillary Clinton

  Magic, Littles, Too Much

  Source: www.wbur.org

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• Good regulation should be conducive to business and to customer protection.

  Jamie Dimon

  Protection, Should, Customers

  Source: asia.nikkei.com

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• 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.

  James Surowiecki

  Simple, Ideas, Want

  "The Regulation Crisis". www.newyorker.com. June, 2010.

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• I am a strong believer in the free market. I am a strong believer in capitalism. But, I am also a strong believer that there are certain common goods - our air, our water, making sure that people are safe - that require to have some regulation.

  Barack Obama

  Strong, Air, People

  Source: www.nbcnews.com

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• Regulations force people to do better.

  Jay Leno

  People, Car, Force

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• Regulation needs to catch up with innovation.

  Henry Paulson

  Innovation, Needs

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• Markets are imperfect. So you do need regulation, knowing that the regulators are also human.

  George Soros

  Knowing, Needs, Imperfect

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• Corruption is government intrusion into market efficiencies in the form of regulations.

  Milton Friedman

  Government, Market Efficiency, Corruption

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• Progress is precisely that which rules and regulations did not foresee.

  Ludwig von Mises

  Progress, Rules And Regulations

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• And regulation entails organizational effectiveness, a chain of command, and a structure for logistical support.

  Sun Tzu

  Effectiveness, Support, Structure

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• Heaven is purpose, principle, and people. Purgatory is paper and procedure. Hell is rules and regulations.

  Dee Hock

  People, Heaven, Principles

  Dee Hock (2005). “One from Many: VISA and the Rise of Chaordic Organization”, p.162, Berrett-Koehler Publishers

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• China is eating our lunch because they don't partake in all of the rules and regulations that we do.

  Donald Trump

  Lunch, Rules And Regulations, Eating

  "Exclusive: Donald Trump on Cabinet picks, transition process". "Fox News Sunday", www.foxnews.com. December 11, 2016.

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• Regulation is necessary, particularly in a sector, like the banking sector, which exposes countries and people to a risk.

  Christine Lagarde

  Country, People, Risk

  "Christine Lagarde: Facing down worldwide recession". Interview with Lara Logan, mobile-feeds.cbsnews.com. November 21, 2011.

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• If, however, a government refrains from regulations and allows matters to take their course, essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer.

  John Maynard Keynes

  Money, Government, Deception

  John Maynard Keynes (1929). “The Economic Consequences of the Peace: The classic text on the Treaty of Versailles and post war Europe”, p.141, Harriman House Limited

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• We now have so many regulations that everyone is guilty of some violation.

  Donald Alexander

  America, Liberty, Guilty

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• Regulations grow at the same rate as weeds.

  Norman Ralph Augustine

  Weed, Marijuana, Literature

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• Excessive regulation is costing America as much as $2 trillion a year. And I will end it very, very quickly.

  Donald Trump

  Years, America, Ends

  Source: time.com

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• The trouble with government regulation of the market is that it prohibits capitalistic acts between consenting adults.

  Robert Nozick

  Government, Adults, Trouble

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• Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.

  Adam Smith

  Fear, Vices, Excess

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• The interest of [businessmen] is always in some respects different from, and even opposite to, that of the public ... The proposal of any new law or regulation of commerce which comes from this order ... ought never to be adopted, till after having been long and carefully examined ... with the most suspicious attention. It comes from an order of men ... who have generally an interest to deceive and even oppress the public.

  Adam Smith

  Men, Order, Law

  "The Wealth of Nations" by Adam Smith, Chapter XI, Part III, Conclusion of the Chapter, (p. 292), 1776.

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• Law and technology produce, together, a kind of regulation of creativity we've not seen before.

  Lawrence Lessig

  Creativity, Technology, Law

  Keynote address at the Open Source Convention, July 24, 2002.

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• Trusting people to be creative and constructive when given more freedom does not imply an overly optimistic belief in the perfectibility of human nature. It is, rather, belief that the inevitable errors and sins of the human condition are far better overcome by individuals working together in an environment of trust and freedom and mutual respect than by individuals working under a multitude of rules, regulations, and restraints imposed upon them by another group of imperfect individuals.

  Peter Senge

  Optimistic, Errors, People

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• regulation is useful and proper, when aimed at the prevention of fraud or contrivance, manifestly injurious to other kinds of production, or to the public safety, and not at prescribing the nature of the products and the methods of fabrication.

  Jean-Baptiste Say

  Safety, Prevention, Kind

  Jean Baptiste Say, Charles Robert Prinsep (1857). “A Treatise on Political Economy; Or, The Production, Distribution, and Consumption of Wealth”, p.181

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• Moral values, and a culture and a religion, maintaining these values are far better than laws and regulations.

  Sivananda

  Law, Religion, Culture

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