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After more than a decade of reasonably stable electric rates, a volcano is about to erupt. A fall 2007 report by the investment bank Stifel Nicolaus predicts a cumulative cost through 2020 of ap...
From the point of democratic legitimacy, supranational risk regulation is problematic in two respects: Firstly, as part of EU competencies, it may suffer from the EU’s ‘democratic deficit’ like all ot...
This paper aims at examining how far regimes have developed in a specific area of risk regulation. In the field of food safety politics, a subfield of risk regulation, regime structures are going to b...
In the aftermath of large-scale privatization and liberalization of infrastructure management in Europe, new regulatory institutions and ways of managing network industries such as telecommunications,...
Growth of the governmental regulation of economic activities since the depression is normally associated with industrial production.’ Indeed, pollution controls, work-safety requirements, and antit...
Introduction Despite the fact that in the United States prices are now being regulated in competitive as well as noncompetitive industries, there is an increasing consensus that price regulation is...
The vast majority of commercial transactions work well, without need for interference of any kind. In some cases, however, the market “fails,” and regulation of some kind is warranted. But this need...
The $100 million fine levied by the Securities and Exchange Commission (SEC) against Wall Street trader Ivan Boesky is the most spectacular development in the recent crackdown on insider trading. T...
Traditionally, economists havehighlighted the macroeconomic consequences of reserve requirement regulation. Apublic-spirited cenhal bank may impose reserve requirements to increase its control over...
The attention of U.S. taxpayers temporarily was drawnto the problems of federal deposit insurance in mid-January 1989 by the Treasury Department’s short-lived proposal to make the costs of federal ...
ANTITRUST AND REGULATION: CHICAGO’S CONTRADICTORY VIEWS。
THE WAR ON DRUGS AS ANTITRUST REGULATION
Sir Edward Coke (1552—1634) has long been acclaimed as a key figure in the emergence of the modern free-market economy in England. During a long career in which he was successively Attorney General...
Banks are regulated because theyare believed to be special in some way. The ways in whichbanks are special must distinguish them from ordinary firms, which are subject only to market discipline and ...
The cost of complying with regulatory requirements and prohibitions is a major problemfor banking today. Regulations imposed with even the best of intentions entail substantial costs, many ofwhich a...

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