Thursday 31 July 2008

M' learned friend

Tom Winsor, former Rail Regulator, has an article in today's Times on the role of industry regulators.

Tom writes:

"Regulation is not the dryly technocratic function that it sometimes appears, practised by robotic economists and pernickety lawyers with an over-keen interest in the minutiae of compliance handbooks."

Err... if you say so Tom.