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Markets Need Rules

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Uploaded by on Dec 9, 2011

How are economic markets like a baseball game? George Washington University professor Susan Dudley explains the kinds of rules that help markets function.

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  • We need stable rules and real market prices, so prosperity emerges that cuts short the crisis. Give us a chance, so we can discover the most valuable way to serve one another. (Econstories)

  • Oh but the GFC happened because of all the DE-regulation that people say happened....sarc/

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All Comments (11)

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  • @JamesonGraber Ditto.

  • Glad to finally find out about EconFree.

  • As a side topic: If the regulators are supposed to be in the executive branch, and they are writing the regulations (i.e. writing the specifics of what the law is), isn't that violation of the separation of powers? Now we have executives writing law. And if I'm not mistaken, several agencies have internal court systems, too. Our bureaucracy is out of control.

  • @jlynnwm

    The source of the information is irrelevant. Rather than attacking the presenter, attack the info.

  • The Economic Freedom site is a Charles Koch Institute 2011 creation.

    The Koch brothers don't care about our freedom, our environment, our health or our tax burden... Koch brothers violate numerous laws and get away scott free.

    Google "Koch, Exxon Mobil Among Corporations Helping Write State Laws"

  • I like this lady.

  • awesome video, totally agree.

  • This is true. The rules are very important, but the sheer amount of change is too much. Maybe if we kept only what we needed and not what we WANTED, we could have have decent economy today.

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