PDF Ebook Regulation and Its Reform
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Regulation and Its Reform
PDF Ebook Regulation and Its Reform
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Review
The theories developed in this book undergird many of the deregulation reforms achieved over the past five years. They will have an even greater influence on the direction of regulation in the decade to come. --Lloyd N. Cutler
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About the Author
Stephen Breyer is Associate Justice of the Supreme Court of the United States.
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Product details
Hardcover: 486 pages
Publisher: Harvard University Press (January 12, 1982)
Language: English
ISBN-10: 0674753755
ISBN-13: 978-0674753754
Product Dimensions:
6.8 x 1.2 x 9.8 inches
Shipping Weight: 2 pounds
Average Customer Review:
5.0 out of 5 stars
2 customer reviews
Amazon Best Sellers Rank:
#2,024,776 in Books (See Top 100 in Books)
Rarely does a book come out that is as well done as this. I'm a doctoral candidate who studies communications and technology policy, an area that is rapidly becoming more critical as the future of Internet governance is being negotiated. I came across this book while compiling reading lists for my qualifying exams and was amazed to find that it made my personal top five out of the hundreds of books and articles (yes, nearly 300) that I read either entirely or in part. Considering that this book is from the mid-1980s, that's incredible.Breyer's book is timeless because it is structured in a way that marries theory with application and isn't specific to a single industry. It begins by explaining the circumstances under which regulation becomes necessary (ie. either to correct a market distortion that won't self-resolve or to meet a social goal that the market will never fulfill on its own). The book then covers the different types of market distortions and the different approaches to correcting them, using multiple examples from industry. The arguments are comprehensive and well-organized. The language is clear and precise. But then, Breyer is an Associate Justice of the Supreme Court with a reputation for pragmatism so this should come as no surprise.There is no other book like this on the topic of regulation. Seriously. It doesn't fall prey to management-speak. It treats the topic of regulation as a serious subject for examination without hyperbole, polemic, or political soap-box. How refreshing.I would not hesitate to assign sections from this book to undegraduates, law students, MBAs, and doctoral students. In my field, I would probably combine it with Shapiro and Varian's Information Rules as there are some aspects of economics specific to the communications industry that are not covered here. There are parts of this book that I skimmed or which I found generally less helpful or relevant. There are gaps where I found it particularly helpful to also read Williamson's The Economic Institutions of Capitalism. Overall, however, there is very little negative that I can find to say about this tome by Breyer except to ask (probably in vain) that he produce an updated version.
I passed the class, so it must be a good book.
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