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| Author: | Porket, J.L. |
| Title: | The pros and cons of government regulation |
| Journal: | Economic Affairs
2003 : DEC, VOL. 23:4, p. 48-54 |
| Index terms: | Government Regulations |
| Language: | eng |
| Abstract: | Regulation of human behaviour and human social interaction is a universal feature of both traditional and modern societies. In the latter, on account of their complex structure, regulation inevitably takes place at different levels, albeit within a framework set by government. Consequently, these societies are characterised by a web of formal as well as informal regulation and self-regulation, in other words by a plurality of regulatory systems. And this plurality of regulatory systems is an important source of tensions and conflicts in society. |
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