Government regulation is a double-edged sword. By restricting the inputs—capital, labor, technology, and more—that can … be used in the production process, regulation shapes the economy and, by extension, living standards today and in the … future. Applied effectively, regulation can foster a thriving, competitive marketplace where innovation and technological …

"Regulation is purportedly enacted to serve specific social purposes. In reality, however, it follows a more complex … its justification and objectives, regulation can have potentially significant macroeconomic consequences by helping or … Serven provide an empirical analysis of the macroeconomic impact of regulation. They first characterize the stylized facts on …

insbesondere, dass Deutschland und Europa keineswegs von den USA "abgehängt" wurden, sondern viele traditionelle Branchen das E …