Regulating Infinity

As a professor of economics in the GMU Center for the Study of Public Choice, I and my colleagues are well aware of the many long detailed disputes on the proper scope of regulation. One the one hand, the last few centuries has seen increasing demands for and expectations of government regulation. A wider range of things that might happen without regulation are seen as intolerable, and our increasing ability to manage large organizations and systems of surveillance is seen as making us increasingly capable of discerning relevant problems and managing regulatory solutions.