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HomeDavid Skeel: Respect For The Rule of Law
Posted by Larry Doyle on August 22nd, 2012 8:32 AM |
If we do not have the courage to enact laws and then mandate that they are upheld, what type of future will we have? Not the future that we could have and should have. I have tried to address this topic regularly here at Sense on Cents.
A few months back, I highlighted a clip from Barron’s that I found quite chilling:
When countries improve rule of law, property rights, and investor protections, and when regulation becomes more transparent and corruption reduced, there are major payoffs. The World Justice Project says the U.S. has been deteriorating for close to 10 years by all these measures, which contrasts with improvements in some emerging markets, like Hong Kong. (more…)
