Regulators and conflict of interest

A governmental body created by a legislature to implement and enforce specific laws, a “regulatory agency” or a “regulator” would usually have quasi-legislative functions, executive functions, and judicial functions. Many laws govern social and economic matters, such as income tax, environmental laws, occupational health and safety laws, real estate law, employment laws, etc. A regulatory…

Read More

A Shattered Myth

India often believes that Pakistan lives under the shadow of its superior military prowess. Boasting on numerical ascendency, India looks at Pakistan through the lens of, what I call, “perpetuated grandiosity” i.e. reducing Pakistan and its military capability to an “incapacitated flutter’. This estimation is rooted deep in the Indian strategic community’s belief that India’s…

Read More