Increased regulation, incorrect policy response

The typical response of policy makers to individual and company specific issues is a blanket increase in regulations. This is easy to do and this may help in elections. But such a response has deleterious effects on the economy and most people who played by the rules. The current problems are specific to few individuals and fewer firms and letting them off easy on the promise of higher regulation for everybody will be the wrong thing to do. It is typically not lack of regulation that causes u...