Given the importance of regulatory competition to rule-making discussed in Sect.2.2, the new secondary objective contained in the FSMA 2023 for the FCA and PRA to advance ‘competitiveness and growth’ has, unsurprisingly, been one of the government’s most contentious policy decisions. The FSMA ...
This past July, I dida postarguing that Donald Trump would be the primary beneficiary if there were an overly expansionary monetary policy. At the time, the internet was full of pundits denying that too much stimulus was even possible. After all, employment was down by over 5 million from p...
aThe role that the frameworks played can only be properly assessed against the background of monetary policy during 2001-2007 (e.g., low interest rates), as well as prevailing market practices (e.g., development of complex financial instruments and relaxed underwriting standards). 框架扮演的角色...
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Herein I propose a strategic policy for hospitals that implements educational programs in neurodegenerative diseases and leverages the resources of existing not-for-profit organizations that are concerned with treatment for MS patients. In this manner, supplementary instruction and coursework on MS and ...
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“asset printing” was done when the bonds were first created by the government’s deficit. The Central Bank’s operations just changed the composition of that prior balance sheet expansion. There are all sorts of knock-on effects from this policy (see the many channels of the monetary ...
Randall Bovbjerg, a health policy expert at the Urban Institute, argues that the only proper way to slow down the litigation machine would be to limit the compensation for pain and suffering, so-called "non-monetary damages". Needless to say, a fixed cap on such awards is resisted by ...
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