A Quote by Wilbur Ross

There is no evidence that more regulation makes things better. The most highly regulated industry in America is commercial banking, and that didn't save those institutions from making terrible decisions.

Wilbur Ross

Quote Topics

America Banking Better Commercial Decisions Evidence Highly Industry Institutions Makes Making More Most Regulation Save Terrible Things Those

Quote Author

Wilbur Ross
American - Businessman
Born: November 28, 1937

In the U.A.E. we were the least-regulated environment in the region, and over time we are seeing more and more regulation coming in. On the other hand, a central bank can overregulate and choke the economy, and then we will have a dead banking industry.

Abdul Aziz Al Ghurair

Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things.

Wilbur Ross

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

I do believe that banks are special - they are very leveraged institutions by nature; therefore, it's even more critical to ensure that the governance and the process of running a banking company are well-organised, managed and regulated.

Uday Kotak

People are trying to build a society where they can talk across the aisle so to speak, and have civil discourse. At the same time we're trying to inform ourselves about what's really true so that we can make evidence based decisions that is better than superstition or rumor. But the fact is that people who use evidence based decision making have much better life outcomes, greater life satisfaction, they live longer, they make better personal and medical decisions, better financial decisions. But parallel to that is you can't reason somebody out of a position they didn't reason themselves into.

Daniel Levitin

There's definitely evidence that capitalism at its most ruthless rewards psychopathic behavior. When you look at the worst corners of the American health insurance industry or the sub-prime banking market, it really feels like the more psychopathically someone behaves, the more it's rewarded.

Jon Ronson

More taxes, more regulation, more Washington domination, more debt. Those things are not the future for America. They will never work.

Jeff Sessions

What I learned from my work as a physician is that even with the most complicated patients, the most complicated problems, you've got to look hard to find every piece of data and evidence that you can to improve your decision-making. Medicine has taught me to be very much evidence-based and data-driven in making decisions.

Jim Yong Kim

The Committee to Save America. Have you ever heard anything more smug, more pompous but - most importantly - more anti-democratic? Because it turns out that the Committee to Save America was really the Committee to Save the American Establishment.

Steve Hilton

The way to make better decisions is to make more of them. Then make sure you learn from each one, including those that don't seem to work out in the short term: they will provide valuable distinctions to make better evaluations and therefore decisions in the future. Realize that decision making, like any skill you focus on improving, gets better the more often you do it.

Anthony Hopkins

Of course we will continue to work for cheaper electricity in the homes and on the farms of America; for better and cheaper transportation; for low interest rates; for sounder home financing; for better banking; for the regulation of security issues; for reciprocal trade among nations and for the wiping out of slums. And my friends, for all of these we have only begun to fight.

Franklin D. Roosevelt

Through the plan of prayer, God actually is inviting redeemed man into full partnership with Him; not in making the divine decisions, but in implementing those decisions in the affairs of humankind. Independently and of His own will, God makes the decisions governing the affairs of earth. The responsibility and authority for the enforcement and administration of those decisions, He has place upon the shoulders of the church.

Paul Billheimer

Yes, terrible things happen, but sometimes those terrible things - they save you.

Chuck Palahniuk

I'm not hopeful about America, and I'm not hopeful about the world, no. Life goes on and, for those of us who are lucky, there's a great deal to enjoy in it. But will things get better for most people? I don't know. I don't see the evidence.