Language Regulation Corresponds to All Other Regulation: Fear of Corruption and Fraud Drives Regulation.

James Santagata just shared an excellent paper, which illustrates the relationship between common law and continental law, language regulation, and economic regulation.
Well, the conclusions should be pretty obvious (prior restraint vs post resolution) and that all countries pay a trade off between the utility of some regulation to prevent frauds of all sorts, lots of regulation to prevent malinvestment or tax evasion, and post-hoc litigation to encourage experimentation.

Leave a Reply