Word: marketization
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Legalization will move the marijuana industry above ground, just as the repeal of alcohol prohibition restored the legal alcohol industry. A small component of the marijuana market might remain illicit—moonshine marijuana rather than moonshine whiskey—but if regulation and taxation are moderate, most producers and consumers will choose the legal sector, as they did with alcohol...
When the stock market tumbled in October 2008, the Business School was celebrating its 100th year with a weekend of extravagant festivities shortly before the school too would feel the effects of the financial crisis...
...example, says M. Scott Daubin, a former Student Association co-president and a member of the MBA Class of 2010, Light injected additional funding for the MBA Career and Professional Development Office to help soon-to-be MBAs find employment in a much-weakened job market and allocated a larger budget to subsidize the salaries of new graduates who chose positions at non-profits...
...reformed and effective SEC would be apolitical and better able to respond in a 21st century manner to regulatory infractions, while addressing and changing outdated rules that hurt America’s competitiveness. Today’s regulatory regime must be replaced. It is ineffective in policing the market and holding people accountable. It must institute common-sense rules, conscious of a rapidly changing landscape that would put America, and our financial marketplace, back in a competitive position within the global markets...
...rumor, and sell the news." The perception that Goldman Sachs and many, if not all, of the investment banks on Wall Street are crowded with evil, greedy people fuels a perception that leads to a cancerous cynicism and the erosion of confidence. The American capital markets, which are based upon trust and confidence, hang in the balance. Standing on their own, laws don’t instill trust and confidence. Laws with competent and fair enforcement do engender market vitality, confidence, and trust...