Regulation & the Darwinian Economy


Niall Ferguson was the BBC Reith lecturer this year. For those of you who haven’t heard it, the subject of the second lecture was “The Darwinian Economy”, where he reflected on the causes of the global financial crisis, and argued that many people have drawn erroneous conclusions from it about the role of regulation.

You may agree or not with his conclusion but his point that “excessively complex regulation is the disease of which it purports to be the cure” is well argued.

iPlayer Podcast of the lecture is here. A transcript of the speech  is also available on the site.

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