Tagged: prosecutors and compliance

The “Economic Costs” of Compliance Mandates

Economics is extremely useful as a form of employment for economists – John Kenneth Galbraith I always enjoy economists and the rigor of economic analysis. It has a logic all its own. Economic theory reveals the power of incentives and disincentives. Many critics of economic theory fail to see how it applies to real life. I disagree with that narrow view. We operate in accordance...