Contact: Ashley Creel
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January 5, 2009 – TPI senior fellow and Emory University professor Paul Rubin writes in the Wall Street Journal that, while the Internet has greatly increased the efficiency of markets, it may also have facilitated the formation of bubbles. He suggests that “regulators have a difficult task: It will be very hard for them to eliminate the downside of the Internet and other improvements in financial markets without simultaneously eliminating the benefits.”
The Technology Policy Institute
The Technology Policy Institute is a research and educational organization that focuses on the economics of innovation, technological change, and related regulation in the United States and around the world. More information is available at https://techpolicyinstitute.org/
Paul Rubin is senior fellow at the Technology Policy Institute. Dr. Rubin has written or edited seven books, and published over one hundred articles and chapters on economics, law, and regulation in journals including the American Economic Review, the Journal of Political Economy, the Quarterly Journal of Economics, the Journal of Legal Studies, the Journal of Law and Economics, and the Yale Journal on Regulation. He has contributed to the Wall Street Journal, the New York Times and other newspapers and magazines.
Dr. Rubin is also Dobbs Professor of Economics and Law at Emory University in Atlanta and editor in chief of Managerial and Decision Economics. He previously served as senior staff economist at President Reagan's Council of Economic Advisers, chief economist at the U.S. Consumer Product Safety Commission, director of advertising economics at the Federal Trade Commission, and vice-president of Glassman-Oliver Economic Consultants, Inc., a litigation consulting firm in Washington. He has taught economics at the University of Georgia, City University of New York, VPI, and George Washington University Law School. Dr. Rubin is a graduate of the University of Cincinnati and holds a PhD from Purdue University.
