The smartest, most principled conservative in office in Washington is at it again, pushing reforms without stringest regulations, promoting the free flow of information to support free markets, and showing that conservatism doesn’t rule out creativity. Page C-1 of today’s Wall Street Journal tells the tale: former U.S. Rep. Chris Cox, now chairman of the SEC, is pushing several technology initiatives to give companies incentives to disclose financial information, using technology, that would be more understandable and useful for investors. I won’t rehash the whole article here, but I do urge everybody to read it, not as much for the content of the specific proposals, all of which seem to be good ideas, but more to see how a creative conservative can promote reforms without red tape and without abandoning conservative principles. Chris Cox is great at the SEC, but he really should be in the Oval Office instead.
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