Andrei Shleifer Books
The Failure of Judges and the Rise of Regulators
By Nicola Gennaioli, Andrei Shleifer
A noted economist argues that the ubiquity of regulation can be explained by its greater efficiency when compared to litigation.Government regulation is ubiquitous today in rich and middle-income c...
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A crisis of beliefs
"How investor expectations move markets and the economy. The collapse of Lehman Brothers in September 2008 caught markets and regulators by surprise. Although the government rushed to rescue other...
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