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No more deregulations, please!

Deregulations are good way to promote efficiency.

Pursuing economic efficiency is one of fundamental principles in economic theory, which is also inevitable based on human revolution.

However, I would like to point out the following.

1, Excessive competition through after-effect of deregulations ends up creating monopolistic market conditions.

Due to effects of both deregulations and globalization, monopolistic market conditions prevail these days in global market.


In the past, we learned that monopolistic market conditions paralyze healthy economic activities and thus anti-monopoly laws were created and have been enacted.

In other words, we can use deregulations as an accelerator and anti-monopoly laws as a brake.


Unfortunately, since we do not have a global government yet, anti-monopoly laws are not functioning well or not properly being enacted.

Therefore, right now we are stepping on an accelerator without properly using brakes.


In conclusion, we should look for both effectiveness and efficiency.

In other words, please enforce anti-monopoly laws globally. ( we need to have global anti-monopoly laws, first, I guess.)

If that is not possible, no more deregulation, please!

Hiroshi Morita

updated on May 4th, 2023.

The above memo was condensed due to volume restrictions at the White House website.

Living in a contradictory world    Living a little more quietly
GM Shock - System Failure    Prescription for current situation
Globally Adjusted Economic Theory and a Concept of Country Life Cycles    Analysis of the Current Global Economic Situation
Three Culprits and a Shadow in global economy Chinese trap - Dangerous Protectionism

Keynesian's Supply Side Economy updated Simple version of Keynesian's Supply Side Economy updated

Where are we going? What are we looking for? Globalization Factor.

Globalization Factor Simplified and Submitted to the White House.

No more deregulations, please! From blind-individualism to conditional individualism!

From Free Economy to Conditional Free Economy! Solve both climate change issue and economic issue at the same time!

We need an Earth Government!

Link English Site    Buzzle.com

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