A Quote by George Soros

Markets are imperfect. So you do need regulation, knowing that the regulators are also human.

George Soros

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Also Human Imperfect Knowing Markets Need Regulation Regulators

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George Soros
Hungarian - Businessman
Born: August 12, 1930

If we want our regulators to do better, we have to embrace a simple idea: regulation isn't an obstacle to thriving free markets; it's a vital part of them.

James Surowiecki

There is certainly a role for regulation, but regulation should always take into account the impact that it has on markets, a balance that must be constantly weighed.

Jerome Powell

Regulation has gone astray. . . . Either because they have become captives of regulated industries or captains of outmoded administrative agencies, regulators all too often encourage or approve unreasonably high prices, inadequate service, and anticompetitive behavior. The cost of this regulation is always passed on to the consumer. And that cost is astronomical.

Edward Kennedy

You need not wonder at my knowing all human languages; for, to tell you the truth, I also understand all the secrets of human silence.

Apollonius of Tyana

You can't overestimate what happens when you encourage regulators to believe that the goal of regulation is not to regulate.

Joseph Stiglitz

Let's be honest. There's not a business anywhere that is without problems. Business is complicated and imperfect. Every business everywhere is staffed with imperfect human beings and exists by providing a product or service to other imperfect human beings.

Bob Parsons

With less regulation, I think you would see growth come back. Of course, there are situations where you need regulation. Antitrust regulation, for example, is a good idea because you want competition. But beyond that, it gets very difficult.

Eugene Fama

I started out by viewing the marketplace as a cruel place, where you need intervention by government and lawyers to protect people. But after watching the regulators work, I have come to believe that markets are magical and the best protectors of the consumer. It is my job to explain the beauties of the free market.

John Stossel

I am not really inclined to think there is any very effective regulation of the derivative securities markets that would be useful. People who go into it essentially ought to know what risks they're taking and I don't see any useful regulation.

Kenneth Arrow

Public policy is a study in imperfection. It involves imperfect people, with imperfect information, facing deeply imperfect choices - so it's not surprising that they're getting imperfect results.

Jake Sullivan

You need a government that believes in government. It also believes in markets and wants to give markets the best, the greatest opportunity, but is trying to govern well.

George Soros

All of us are imperfect human beings living in an imperfect world.

Haruki Murakami

To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact, be better off knowing nothing of these. That, of course, is not the prevailing view at most business schools, whose finance curriculum tends to be dominated by such subjects. In our view, though, investment students need only two well-taught courses - How to Value a Business, and How to Think About Market Prices.

Warren Buffett

Regulators have not been able to achieve the level of future clarity required to act pre-emptively. The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so...

Alan Greenspan

In the field of medicine, if you're sick you need a doctor. A doctor has already studied how to deal with your ailments, and human beings are imperfect. There any many ailments of the psyche and the soul that need to be treated, and the serious murshid, or spiritual master, is also really a doctor of the soul: a person who can heal the wounds of the soul in the same way as a medical doctor takes care of our physical problems.

Seyyed Hossein Nasr

Banks are concerned the central bank is imposing too many regulations. If the trend continues, we'll swing to heavy regulation. We need to have balanced regulation to encourage the economy.

Abdul Aziz Al Ghurair

A Quote by George Soros

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