Can the FCA reduce the friction involved in entrepreneurship?

As an economist working in the world of consumer protection, I've watched the debate about economic growth with a certain morbid fascination. Economic growth drives improvements in living standards, so it's no surprise the government is keen to accelerate it. There's a lively argument about whether the benefits of future economic growth are worth the long-term environmental consequences. But I will put that to one side and take the policy issue at face value – how can we boost economic growth? One popular argument is that UK regulation is hindering economic growth which may explain...