By Robert W. Crandall
The authors of this primer think that the present method of federal rules urgently wishes fix. not just are present costs mandated via rules huge, yet a considerable percentage of these expenses is useless. for this reason, extra clever guidelines might in achieving an identical social pursuits at less expense or extra formidable targets on the similar fee. Federal legislation has grown dramatically in fresh a long time, even if thought of completely, as a relative proportion of the U.S. financial system, or as a relative percentage of the output of the government.
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Additional info for An Agenda for Federal Regulatory Reform
Litan is director of the Economic Studies Program at the Brookings Institution. Formerly, he served as associate director of the Office of Management and Budget, as deputy assistant attorney general in the Antitrust Division of the Department of Justice, and as a regulatory specialist for the President’s Council of Economic Advisers. An economist and an attorney who has practiced law and taught banking law at the Yale Law School, Mr. Litan has authored or coauthored numerous books and articles on financial institutions, international trade, and regulatory issues.
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. In addition, he is a cofounder of the Community Preparatory School—an inner-city middle school that provides opportunities for disadvantaged youth to achieve their full potential. Mr. Hahn’s current research interests include the reform of regulation in developed and developing countries and the design of new institutions for reforming regulation.
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. Paul R. Portney is president of Resources for the Future. From 1989 to 1995 he was RFF’s vice president and director of its Center for Risk Management and its Quality of the Environment Division.