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The pros and cons of government regulation

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  • Porket, Joseph L.

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.

Suggested Citation

  • Porket, Joseph L., 2003. "The pros and cons of government regulation," IEA Discussion Papers 3, Institute of Economic Affairs (IEA).
  • Handle: RePEc:zbw:ieadps:313904
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    Keywords

    Society; Government; Regulation;
    All these keywords.

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