By Robert W. Crandall
The authors of this primer think that the present method of federal legislation urgently wishes fix. not just are present charges mandated by way of rules huge, yet a considerable percentage of these charges is useless. for this reason, extra clever rules may well in achieving a similar social objectives at less rate or extra bold targets on the similar rate. Federal legislation has grown dramatically in fresh many years, even if thought of completely, as a relative percentage of the U.S. financial system, or as a relative percentage of the output of the government.
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26 ABOUT THE AUTHORS REFORM FEDERAL REGULATORY Robert W. Hahn is a resident scholar at the American Enterprise Institute and an adjunct professor of economics at Carnegie Mellon. From 1991 to 1994 Mr. Hahn was an adjunct faculty member at the Kennedy School of Government, Harvard University. Before that he worked for two years as a senior staff member of the President’s Council of Economic Advisers. Mr. Hahn frequently contributes to general-interest periodicals and leading scholarly journals including the New York Times, the Wall Street Journal, the American Economic Review, and the Yale Law Journal.
Litan has authored or coauthored numerous books and articles on financial institutions, international trade, and regulatory issues. His first book, Reforming Federal Regulation, coauthored with William D. Nordhaus (Yale University Press, 1983), dealt with many of the issues that are raised in this primer. Pietro S. Nivola is a senior fellow in the Governmental Studies Program at the Brookings Institution, where his principal fields of research have been trade policy, energy policy, and regulatory politics.
He is the editor of Comparative Disadvantages? Social Regulation and the Global Economy ABOUT CRANDALL THE AUTHORS ET AL. 27 (Brookings, 1997), the author of The Politics of Energy Conservation (Brookings, 1986) and Regulating Unfair Trade (Brookings, 1993), and the coauthor with Robert W. Crandall of The Extra Mile: Rethinking Energy Policy for Automotive Transportation (Twentieth Century Fund and Brookings, 1995). Formerly, he was an associate professor at the University of Vermont and a lecturer and visiting professor at Harvard University.
An Agenda for Federal Regulatory Reform by Robert W. Crandall