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'Regulation and Its Reform' by Stephen Breyer and 'Contrived Competition' by Richard Vietor
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'Regulation and Its Reform' by Stephen Breyer and 'Contrived Competition' by Richard Vietor
Stephen Breyer’s “Regulation and Its Reform” (1982) and Richard H.K. Vietor’s “Contrived Competition: Regulation and Deregulation in America” (1994) both address a central problem in American economic policy: when does government intervention improve market outcomes, and when does it create the very problems it seeks to solve? Breyer, then a judge of the 1st U.S. Circuit Court of Appeals and a former special counsel to the Senate Judiciary Comm…
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