Dodd-Frank and the Great Debate: Regulation vs. Growth

R. Christopher Whalen

No 2014-PB-01, NFI Policy Briefs from Indiana State University, Scott College of Business, Networks Financial Institute

Abstract: The history of regulation in America is as old as the republic itself. Since colonial times, Americans have struggled with the conflict between the desire for individual freedom and economic growth, and the need for rules and structure in a civil society. The evolution of the United States from a largely agrarian, libertarian society to one with strong industrial and consumer components that are regulated by the federal government has been greatly influenced by Progressive ideas, not only in financial services but in all aspects of economic life. The swing of public policy from periods of strict regulation to eras of greater permissiveness has enormous implications for economic growth. This paper examines the development of regulation in the US from the 19th century up to the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) in 2010, from both a political and economic perspective.

Keywords: Dodd-Frank Act; Financial Regulation; Progressive; Louis Brandeis; Benedict v. Ratner; fraud (search for similar items in EconPapers)
JEL-codes: G18 G20 G23 G28 K22 N12 N22 N24 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2014-02
New Economics Papers: this item is included in nep-his and nep-law
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.indstate.edu/business/sites/business.in ... 014-PB-01_Whalen.pdf Full text (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.indstate.edu/business/sites/business.indstate.edu/files/Docs/2014-PB-01_Whalen.pdf [301 Moved Permanently]--> https://indianastate.edu/business/sites/business.indstate.edu/files/Docs/2014-PB-01_Whalen.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nfi:nfipbs:2014-pb-01

Access Statistics for this paper

More papers in NFI Policy Briefs from Indiana State University, Scott College of Business, Networks Financial Institute Contact information at EDIRC.
Bibliographic data for series maintained by Ray Thomas ().