“MiFID II: Too much consumer protection?” By Benedikt Schmal and Alexander Fink, translation by Anna-Maria Köhnke; Courtesy of IREF The recently updated European Markets in Financial Instruments Directive, commonly abbreviated as MiFID II, is supposed to enhance consumers’ protection. Adjustments of regulatory background questions aside, the EU aims to improve “protection of investors by prohibiting the […]
By Mark Galvin In a matter of months, our healthcare system and the overall patient experience will change dramatically for the better. And most Americans don’t even realize it. After decades of attempts to transform the healthcare system into a true market—one in which forces like competition between providers based on quality and pricing can […]
“It Would Be Great to “Make China Pay” for COVID-19, But the Price Could Be High” By Doug Bandow, courtesy of the Cato Institute Many of us hoped that economic liberalization in China would encourage political reform. The country did change dramatically: Maoism was tossed into history’s trash bin, while personal autonomy and economic […]
