Read The Failure of Judges and the Rise of Regulators (Walras-Pareto Lectures) by Andrei Shleifer Online
The Failure of Judges and the Rise of Regulators (Walras-Pareto Lectures) The form this alternative has taken throughout the world is regulation. When courts are expensive, unpredictable, and biased, the public will seek alternatives to dispute resolution. The Failure o
