(E) When I go to Europe, I can obverse how too much market regulations sometimes do not stimulate higher standards of living. But when I am in the US, I can observe how a lack of market regulations can lead to economic chaos. Markets are not always efficient. So maybe if we are not already, we should get more familiar with this year’s Nobel prize winner in economy Professor Jean Tirole from the University of Toulouse and his research:
Jean Tirole Wins Nobel in Economics for Work on Regulation: http://nyti.ms/1sGsYog
Q&A with Jean Tirole Economics Nobel Winner: http://nyti.ms/1EUqLue
One of his recent public talks about the recent European crisis:
Note: The picture above is Professor Jean Tirole with his students from the University of Toulouse in France.
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