‘As different forms of authority becomes increasingly both distributed and inter-dependent, Frank Vibert’s book offers a systemic analysis of regulation. It presents an ambitious and far-reaching study using and developing the concept of regulatory space. It studies systems as a whole and relates regulation to other systems of authority. It offers a rare example of a study that examines both the internal workings of systems and their relationships with other systems. A creative and thought-provoking work.’
Thomas is director of the Centre for Progressive Capitalism and founder of Credit Capital Advisory. He previously ran credit and economic analytics businesses serving as the managing director of Fitch Solutions and Thomson Datastream. He has written widely on financial and economic issues including Profiting from Monetary Policy (Palgrave 2012) and co-authored Prediction Markets: The end of the regulatory state? (2007) with Professor Frank Vibert.
December 2001, Polity
In his book, Europe: A Constitution for the Millennium, Frank Vibert explores every major issue that will arise in the design of a constitution for a European political union. Can the theoretical constructs of constitutional economics be used to aid in the practical design of a European constitution? This is what Vibert attempts to do in his book. This review contains a more detailed discussion and analysis of a few of Vibert's main theses. In particular, it focuses, on several key issues that will be the major determinants of whether the European Union will achieve lasting success.
How best can democracies respond to and manage political crises? Themarket fallout of the global financial turmoil offers three available models -deliberation, defenestration, institutional mediation - of meeting thechallenge, says Frank Vibert.