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. ... ‘Regulation and Its Reform’ by Stephen Breyer and ‘Contrived Competition’ by Richard Vietor The post ‘R...
