Capital Markets - News and analysis

We have had a post about the relationship between economic freedom and economic growth. The post had a quote from Bergh and Karlsson:

"Finally, we find that the negative effect of government size decreases substantially in size but remains significant when we add the period 1996-2005 to the sample. Our results support the idea that countries with big government can use institutional quality such as economic freedom and globalization to mitigate negative growth effects of taxes and public expenditure."

If there is an area where institutional quality heavily contributes to well functioning markets it definitely is capital market oversight as (should) be done by the SEC. Too many fraud cases contribute to the growth of leftist ideas.