Interests, Ideas, and Deregulation

Interests, Ideas, and Deregulation

Author: John E. McDonough

Publisher: University of Michigan Press

Published: 1997

Total Pages: 308

ISBN-13: 9780472108886

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Studies the politics of rate-setting as a mechanism for cost containment in health care


Braking the Special Interests

Braking the Special Interests

Author: Dorothy Robyn

Publisher: University of Chicago Press

Published: 1987

Total Pages: 324

ISBN-13: 9780226723280

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In 1980 Congress voted to eliminate the federal system of protective regulation over the powerful trucking industry, despite fierce opposition. This upset marked a rare example in American politics of diffuse public interests winning out over powerful economic lobbies. In Braking the Special Interests Dorothy Robyn draws upon firsthand observations of formal proceedings and behind-the-scenes maneuverings to illuminate the role of political strategy in the landmark trucking battle. Robyn focuses her analysis on four elements of strategy responsible for the deregulator's victory—elements that are essential, she argues, to any successful policy battle against entrenched special interests: the effective use of economic data and analysis to make a strong case for the merits of reform; the formation and management of a diverse lobbying coalition of firms and interest groups; presidential bargaining to gain political leverage; and transition schemes to reduce uncertainty and cushion the blow to losers. Drawing on political and economic theory, Braking the Special Interests is an immensely rich and readable study of political strategy and skill, with general insights relevant to current political battles surrounding trade, agriculture, and tax policies. Robyn's interdisciplinary work will be of great value to scholars and practitioners of politics, economics, and public policy.


Regulation and Public Interests

Regulation and Public Interests

Author: Steven P. Croley

Publisher: Princeton University Press

Published: 2009-01-10

Total Pages: 393

ISBN-13: 1400828147

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Not since the 1960s have U.S. politicians, Republican or Democrat, campaigned on platforms defending big government, much less the use of regulation to help solve social ills. And since the late 1970s, "deregulation" has become perhaps the most ubiquitous political catchword of all. This book takes on the critics of government regulation. Providing the first major alternative to conventional arguments grounded in public choice theory, it demonstrates that regulatory government can, and on important occasions does, advance general interests. Unlike previous accounts, Regulation and Public Interests takes agencies' decision-making rules rather than legislative incentives as a central determinant of regulatory outcomes. Drawing from both political science and law, Steven Croley argues that such rules, together with agencies' larger decision-making environments, enhance agency autonomy. Agency personnel inclined to undertake regulatory initiatives that generate large but diffuse benefits (while imposing smaller but more concentrated costs) can use decision-making rules to develop socially beneficial regulations even over the objections of Congress and influential interest groups. This book thus provides a qualified defense of regulatory government. Its illustrative case studies include the development of tobacco rulemaking by the Food and Drug Administration, ozone and particulate matter rules by the Environmental Protection Agency, the Forest Service's "roadless" policy for national forests, and regulatory initiatives by the Securities and Exchange Commission and the Federal Trade Commission.


Beyond Self-Interest

Beyond Self-Interest

Author: Jane J. Mansbridge

Publisher: University of Chicago Press

Published: 1990-04-15

Total Pages: 416

ISBN-13: 0226503607

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A dramatic transformation has begun in the way scholars think about human nature. Political scientists, psychologists, economists, and evolutionary biologists are beginning to reject the view that human affairs are shaped almost exclusively by self-interest—a view that came to dominate social science in the last three decades. In Beyond Self-Interest, leading social scientists argue for a view of individuals behavior and social organization that takes into account the powerful motivations of duty, love, and malevolence. Economists who go beyond "economic man," psychologists who go beyond stimulus-response, evolutionary biologists who go beyond the "selfish gene," and political scientists who go beyond the quest for power come together in this provocative and important manifesto. The essays trace, from the ancient Greeks to the present, the use of self-interest to explain political life. They investigate the differences between self-interest and the motivations of duty and love, showing how these motivations affect behavior in "prisoners' dilemma" interactions. They generate evolutionary models that explain how altruistic motivations escape extinction. They suggest ways to model within one individual the separate motivations of public spirit and self-interest, investigate public spirit and self-interest, investigate public spirit in citizen and legislative behavior, and demonstrate that the view of democracy in existing Constitutional interpretations is not based on self-interest. They advance both human evil and mothering as alternatives to self-interest, this last in a penetrating feminist critique of the "contract" model of human interaction.


Experiencing Politics

Experiencing Politics

Author: John E. McDonough

Publisher: Univ of California Press

Published: 2000-11-22

Total Pages: 364

ISBN-13: 9780520925168

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John E. McDonough affords a rare glimpse into the practice of state politics in this insider's account of the fascinating interface between political science and real-life politics. A member of the Massachusetts House of Representatives for thirteen years and a skilled storyteller, McDonough eloquently weaves together stories of politics and policy with engaging theoretical models in a way that illuminates both the theory and the practice. By providing a link between scholarship and the world of experience, he communicates much about the essence of representative democracy. In the process, he demonstrates how politics extend beyond the public sphere into many aspects of life involving diverse values and interests. McDonough describes the nature of conflict, the role of interests, agenda setting, the nature and pace of change, the use of language, and more. Accessible, insightful, and original, his stories touch on a broad range of issues—including health care politics, campaigns, and elections; a street gang called the X-men; the death penalty; campaign finance reform, and tenants versus landlords. To the author, politics is everywhere and political dynamics are universal. While the setting for this book is one legislature, the lessons and insights are intended for everyone.


Politics and Banking

Politics and Banking

Author: Susan Hoffmann

Publisher: JHU Press

Published: 2001-10-30

Total Pages: 338

ISBN-13: 9780801867026

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banking today.--Larry Schweikart "American Political Science Review"


Globalization and Deregulation

Globalization and Deregulation

Author: Rahul Mukherji

Publisher: Oxford International Relations

Published: 2014

Total Pages: 0

ISBN-13: 9780198096177

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Globalization and Deregulation makes a contribution to the literature on economic change by exploring the institutional transition from state-led import substitution to deregulation and globalization in the world's most populous democracy-India. It proposes a largely internally driven 'tipping-point' model of economic change, which is in sharp contrast to the 'punctuated equilibrium' model of sudden exogenous shocks that drive transformations. Indian economists have provided excellent arguments about the need for change and have described changes that have occurred. This literature is essential for understanding how new economic ideas are born. But it does not explain the process of economic change, which is a political process. The best accounts of India's political economy explain why the institutions of government intervention within a closed economy were locked in a closed economy model. These accounts reveal why the dominant interest groups made political demands with substantial fiscal consequences. They do not engage with the issue of change. This book fills that gap by seriously engaging with India's economic history and the literature on institutional change. It is a contribution both to India's economic history and to systematic ways of thinking about economic change.


Responsive Regulation

Responsive Regulation

Author: Ian Ayres

Publisher: Oxford University Press

Published: 1995-02-16

Total Pages: 216

ISBN-13: 0199879958

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This book transcends current debate on government regulation by lucidly outlining how regulations can be a fruitful combination of persuasion and sanctions. The regulation of business by the United States government is often ineffective despite being more adversarial in tone than in other nations. The authors draw on both empirical studies of regulation from around the world and modern game theory to illustrate innovative solutions to this problem. Their ideas include an argument for the empowerment of private and public interest groups in the regulatory process and a provocative discussion of how the government can support and encourage industry self-regulation.


Regulation, Deregulation, Reregulation

Regulation, Deregulation, Reregulation

Author: Claude Ménard

Publisher: Edward Elgar Publishing

Published: 2009

Total Pages: 405

ISBN-13: 1848449283

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After 25 years of industry restructuring, regulatory reform and deregulation across many industrial sectors in many countries, it is an appropriate time to take stock of the impacts of these reforms on consumers, producers and overall economic performance. This book contains the latest thinking on these issues by a distinguished international group of scholars. It s a collection of essays for our time that is well worth reading. Paul L. Joskow, Massachusetts Institute of Technology, US The most exciting development in the study of regulation in the past quarter century is research on the incentives that are created by the details of the procedures for creating and enforcing regulatory rules. This book brings together a rich collection of studies that collectively advance our understanding of the effect of regulatory governance on the performance of regulated firms, with important lessons about how to design more effective regulatory instruments and processes. Roger G. Noll, Stanford University, US Cycles of poorly-designed or weakly-enforced regulation, disappointing performance and political over-reaction are now familiar to students of regulated industries. Nourished by recent developments in the economics of incentives, including their transaction costs and property rights dimensions, and written by renowned experts in the field, Regulation, Deregulation, Reregulation is a must-read for all those interested in the economics and politics of regulation. A timely book, the publication of which coincides with the designing of a post-subprime regulatory framework for the financial industry. Jean Tirole, Toulouse School of Economics, France Building on Oliver Williamson s original analysis, the contributors introduce new ideas, different perspectives and provide tools for better understanding changes in the approach to regulation, the reform of public utilities, and the complex problems of governance. They draw largely upon a transaction cost approach, highlighting the challenges faced by major economic sectors and identifying critical flaws in prevailing views on regulation. Deeply rooted in sector analysis, the book conveys a central message of new institutional economics: that theory should be continuously confronted by facts, and reformed or revolutionized accordingly. With its emphasis on the institutional embeddedness of regulatory issues and the problems generated by the benign neglect of institutional factors in the reform of major public utilities, this book will provide a wide-ranging audience with challenging views on the dynamics of regulatory approaches. Economists, political scientists, postgraduate students, researchers and policymakers with an interest in institutional economics and economic organization will find the book to be a stimulating and enlightening read.


Preventing Regulatory Capture

Preventing Regulatory Capture

Author: Daniel Carpenter

Publisher: Cambridge University Press

Published: 2014

Total Pages: 531

ISBN-13: 1107036089

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Leading scholars from across the social sciences present empirical evidence that the obstacle of regulatory capture is more surmountable than previously thought.