the.com/regulation
the invisible rulebook written in blood, lawsuits, and disasters nobody wanted to repeat
means A rule or set of rules made by an authority to control how something is done, or the broader act of keeping a system in order.
from From Latin 'regula,' a straight stick or ruler — the carpenter's measuring rod — which gave rise to 'regulare,' to control or direct by a fixed standard. The same 'regula' lurks behind 'rule,' 'regular,' and 'ruler': all of them descendants of the simple idea that you straighten the crooked by holding it against something true. 'Regulation' arrived in English through Latin and French, and by the 18th century had hardened into its bureaucratic sense — the standard no longer a stick you could hold, but a line everyone must walk.
- Origin
- Most safety rules exist because someone already died
- Regulatory capture
- Industries often quietly write the rules governing them
- Red tape
- Term comes from 16th-century legal document binding
- Volume
- US federal code exceeds 180,000 pages
- Cobra effect
- Bad rules can multiply the problem they target
basel iii banking regulations — post-2008 financial rules requiring banks to hold minimum capital ratios