Episode Details

In the midst of the current economic depression, "regulation" has become of buzz-word. But what is regulation and what makes a good regulator?

Uploaded 11-11-11

These topics are address in this lecture by Sarah Veale, Head of the Equality and Employment Rights Department, Trades Union Congress.
Her lecture establishes the following three main points:
1) Governments over-regulate when they do not understand risk;
2) Business claims about over-regulation are largely based on a fraudulent premise;
3) Some alternatives to regulation are regulation in disguise.
Together they bring about the conclusion that a good regulator will properly understand risk, will be wary of lobbyists and will look carefully at any proposed alternatives to regulation.

The transcript and downloadable versions of the lecture are available from the Gresham College website:
http://www.gresham.ac.uk/lectures-and-events/what-makes-a-good-regulator-1

Gresham College has been giving free public lectures since 1597. This tradition continues today with all of our five or so public lectures a week being made available for free download from our website.
http://www.gresham.ac.uk



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