A Quote by Robert F. Engle

I think we're fooling ourselves if we think that regulators are going to be able to outsmart the bankers. So, the task of designing regulatory reform is trying to make more or less foolproof regulation and that's one of the advantages of the systemic category.

Robert F. Engle

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Able Advantages Bankers Category Designing Fooling Fooling Ourselves Foolproof Going Less Make More More Or Less Ourselves Reform Regulation Regulators Regulatory Systemic Task Think Trying

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Robert F. Engle
American - Economist
Born: November 10, 1942

The government isn't going to say, "We're going to regulate banks, but we'll leave these other companies alone." I think the regulators want to make sure that they have some form of regulation on anything systemic. We like our hand. But, you know, honestly, who owns the future?

Jamie Dimon

I'm not optimistic about reform in many, if any, policy areas at all. I think we'll make further progress by inventing new things that aren't much regulated yet and outracing bad policy. I look at so many policy areas - regulation, regulatory reform, health care reform - it's all failing, we're not making improvements, we're going backwards.

Tyler Cowen

I think the work on tax reform, the work that's being done on regulatory reform is very important. And just having a seat at the table, I think, is so important for business today as we think about what's going to benefit the economy of this country, how we're going to create great manufacturing jobs.

Dennis Muilenburg

I think the easiest people to fool are ourselves. Fooling ourselves may even be a necessary precondition for fooling others.

Iain Banks

When people hear our record, they're not going to be able to put us into the 'New Metal' category or the 'pop-punk' category or the 'aggressive emo' category. I think people will be able to take it for what it is.

Bert McCracken

Getting the budget balanced, regulatory reform, tax reform - I think these lead to economic growth.

Todd Young

As a conservative myself that, you know, generally I would have a point of view that less regulation is better than more regulation, but less regulation shouldn't supersede a tax on the fundamentally important institutions that sustain a democratic republic.

Steve Schmidt

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 think we need to significantly reduce the regulatory burden on the private sector. The Obama administration is doing the opposite. They're loading on more and more regulation on the private respect to how the economy functions.

Dick Cheney

We don't think of ourselves as a regional investment bank. We think of ourselves as merchant bankers with clients all over the country.

Warren Stephens

Every regulatory speech on derivatives takes a bow to their hedging 'benefits.' Less publicly, regulators pay their respects to derivative profits, a blessed relief from the banks' troubled loans to less-developed countries, highly leveraged companies, and real estate swingers.

Carol Loomis

We don't think of ourselves as being perfectionists, really. To us it's more about desperately trying to have it sound more or less OK.

Donald Fagen

As you get older you don't want to just do the same thing, otherwise there's not much point. I think it's more or less trying to write things that, perhaps, say more by doing less, or you're always trying to refine things, make things a little simpler, a little more essential.

Colin Hay

People vastly overestimate the ability of central planners to improve on the independent action of diverse individuals. What I've learned watching regulators is that they almost always make things worse. If regulators did nothing, the self-correcting mechanisms of the market would mitigate most problems with more finesse. And less cost.

John Stossel

Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough.

Frederic Bastiat

The impulse to make ourselves safer by making ourselves less free is an old one ... When we are badly frightened, we think we can make ourselves safer by sacrificing some of our liberties. We did it during the McCarthy era out of fear of communism. Less liberty is regularly proposed as a solution to crime, to pornography, to illegal immigration, to abortion, to all kinds of threats.

Molly Ivins

A Quote by Robert F. Engle

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