When we talk about regulation, we tend to talk about whether an industry is heavily regulated or lightly regulated, and our progressive friends have a tendency to claim that an industry has been “deregulated” even when the number and pages of regulations on the books is greater after the “deregulation” than it was before.
Good Regulator, Bad Regulator
It’s important to distinguish between regulation and oversight.

An SVB ATM outside a Silicon Valley Bank branch in Santa Monica, California on March 20, 2023. (Photo by Patrick T. Fallon/AFP/Getty Images)
An SVB ATM outside a Silicon Valley Bank branch in Santa Monica, California on March 20, 2023. (Photo by Patrick T. Fallon/AFP/Getty Images)



