By Robert W. Crandall
The authors of this primer think that the present method of federal rules urgently wishes fix. not just are present charges mandated through law huge, yet a considerable proportion of these bills is useless. therefore, extra clever regulations may possibly in achieving an identical social ambitions at less expense or extra bold objectives on the related rate. Federal legislation has grown dramatically in contemporary a long time, even if thought of totally, as a relative percentage of the U.S. economic climate, or as a relative proportion of the output of the government.
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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. His first book, Reforming Federal Regulation, coauthored with William D.
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.
He is currently a member of the Environmental Protection Agency’s Science Advisory Board and chairman of the board’s Environmental Economics Advisory Committee. S. and international environmental policy. His most recent publication is Footing the Bill for Superfund Cleanups: Who Pays and How? (Brookings and Resources for the Future, 1995).
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