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Regulation, The Constitution, and the Economy

- The Regulatory Road to Serfdom
Af: James Rolph Edwards Engelsk Paperback

Regulation, The Constitution, and the Economy

- The Regulatory Road to Serfdom
Af: James Rolph Edwards Engelsk Paperback
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Regulation, The Constitution, and the Economy demonstrates the constitutionally degraded and inherently dictatorial character of regulation, its ineffectiveness in curing social ills, and its use as a tool of special interests seeking personal gain in the form of money or power. Regulation became prominent in the late medieval mercantile rent seeking societies, but was little used in the United States until after the Civil War. The author demonstrates the nature of regulation as antithetical to constitutional forms of law, and an antidemocratic franchising of legitimate legislative authority to unelected persons. He provides a history of industry regulation using transportation and public utilities that belies the public interest justification for such regulation and makes its rent-seeking origins clear. The history of social regulation proves less clear, but shows the public harmed more than helped by it, as exhibited through its enormous negative effect on productivity growth and economic activity.
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Regulation, The Constitution, and the Economy demonstrates the constitutionally degraded and inherently dictatorial character of regulation, its ineffectiveness in curing social ills, and its use as a tool of special interests seeking personal gain in the form of money or power. Regulation became prominent in the late medieval mercantile rent seeking societies, but was little used in the United States until after the Civil War. The author demonstrates the nature of regulation as antithetical to constitutional forms of law, and an antidemocratic franchising of legitimate legislative authority to unelected persons. He provides a history of industry regulation using transportation and public utilities that belies the public interest justification for such regulation and makes its rent-seeking origins clear. The history of social regulation proves less clear, but shows the public harmed more than helped by it, as exhibited through its enormous negative effect on productivity growth and economic activity.
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Produktdetaljer
Sprog: Engelsk
Sider: 256
ISBN-13: 9780761812623
Indbinding: Paperback
Udgave:
ISBN-10: 0761812628
Kategori: Økonomi
Udg. Dato: 19 nov 1998
Længde: 20mm
Bredde: 141mm
Højde: 212mm
Forlag: University Press of America
Oplagsdato: 19 nov 1998
Forfatter(e): James Rolph Edwards
Forfatter(e) James Rolph Edwards

Kategori Økonomi

ISBN-13 9780761812623

Sprog Engelsk

Indbinding Paperback

Sider 256

Udgave

Længde 20mm

Bredde 141mm

Højde 212mm

Udg. Dato 19 nov 1998

Oplagsdato 19 nov 1998

Forlag University Press of America

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