
No Freedom without Regulation
The Hidden Lesson of the Subprime Crisis
Joseph William Singer(Author)
Yale University Press
Published on 8. September 2015
Book
Hardback
224 pages
978-0-300-21167-2 (ISBN)
Description
A tour de force that corrects a misconception long embraced by both the left and the right about markets and regulation
Almost everyone who follows politics or economics agrees on one thing: more regulation means less freedom. Joseph William Singer, one of the world's most respected experts on property law, explains why this understanding of regulation is simply wrong. While analysts as ideologically divided as Alan Greenspan and Joseph Stiglitz have framed regulatory questions as a matter of governments versus markets, Singer reminds us of what we've willfully forgotten: government is not inherently opposed to free markets or private property, but is, in fact, necessary to their very existence. Singer uses the recent subprime crisis to demonstrate:
Regulation's essential importance for freedom and democracy
Why consumer protection laws are a basic pillar of economic freedom
How private property rests on a regulatory infrastructure
Why liberals and conservatives actually agree on these relationships far more than they disagree
This concise volume is essential reading for policy makers, philosophers, political theorists, economists, and financial professionals on both sides of the aisle.
Almost everyone who follows politics or economics agrees on one thing: more regulation means less freedom. Joseph William Singer, one of the world's most respected experts on property law, explains why this understanding of regulation is simply wrong. While analysts as ideologically divided as Alan Greenspan and Joseph Stiglitz have framed regulatory questions as a matter of governments versus markets, Singer reminds us of what we've willfully forgotten: government is not inherently opposed to free markets or private property, but is, in fact, necessary to their very existence. Singer uses the recent subprime crisis to demonstrate:
Regulation's essential importance for freedom and democracy
Why consumer protection laws are a basic pillar of economic freedom
How private property rests on a regulatory infrastructure
Why liberals and conservatives actually agree on these relationships far more than they disagree
This concise volume is essential reading for policy makers, philosophers, political theorists, economists, and financial professionals on both sides of the aisle.
Reviews / Votes
"A tour de force. . . . Brilliantly written and important"-Laura S. Underkuffler, Cornell University -- Laura S. Underkuffler "We need a new conversation about regulation, one that rightly roots the subject in the Framers' vision of property and liberty. Singer has started that conversation."-Daniel Carpenter, Washington Monthly -- Daniel Carpenter * Washington Monthly *More details
Language
English
Place of publication
United States
Target group
College/higher education
Product notice
Cloth over boards
Dimensions
Height: 210 mm
Width: 140 mm
Thickness: 19 mm
Weight
363 gr
ISBN-13
978-0-300-21167-2 (9780300211672)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

E-Book
09/2015
1st Edition
Yale University Press
€36.00
Available for download
Person
Joseph William Singer is Bussey Professor of Law at Harvard Law School. He lives in Cambridge, MA.