Market Insider

Hi Everyone. In this blog post, we discuss the effects of government regulation on the economy in the 21st century. This will serve as a historical analysis and overview of the issue. Regulation in the 2000s At the start of the 2000s, following the precedent set in the 1990s, the government largely left markets to their own devices, with minimal regulation and oversight. Financial markets expanded significantly, with the legacy of the Gramm-Leach-Bliley Act of 1999 overshadowing the economy, resulting in the dismantling of parts of the Glass-Steagall Act (New Deal-era government regulation of the economy), which allowed the consolidation of investment banks, commercial banks, and insurance firms into conglomerates. This led to a sharp decrease in government power over the economy and to excellent profitability for financial firms, but also to volatility in markets without government oversight and checks. Another crucial piece of legislation from this period was the Commodity Futures Mo...

Happy 2026. In this post, we will be discussing the Phillips Curve, its different models, its mathematical foundation, and its impact on government and the broad economy! What is the Phillips Curve? The Phillips Curve is the inverse relationship between unemployment and inflation. It models the fact that when unemployment is low, inflation is high, and when unemployment is high, inflation is low. This statistical relationship was discovered by economist A.W Phillips, and has led to decades of economic research and policy based on the relationships discovered by Phillips. With this theory being tried and tested in many countries and economies, modern economists have built on the epiphany of Phillips, and have determined that since wage behavior (how wages and employment changes over time) heavily connects to price inflation, this model can also be used to assess how slack (more people looking for jobs than there are  available) or tight (more open jobs that available people to fill ...