This study assesses the overall impact on credit of the financial regulatory reforms in Europe, Japan, and the United States. Long-term cost estimates are provided for Basel III capital and liquidity requirements, derivatives reforms, and higher taxes and fees. Overall, average lending rates in...

Why is regulatory reform and deregulation so difficult to achieve? Using the example of proposed federal regulation of (apparently non-existent) wholesale-level bundling of video networks, I explore the non-economic motivations for economic regulation. It appears that the political system...

The proposed federal regulation oforganic agriculture in the United States raisesquestions both about the nature and character oforganic farming, as well as its relation to theagro-food system at large. The regulatory process hasengendered a public debate about conventional andalternative...

The size of a jurisdiction is crucial in determining the efficiency, equity or efficacy of environmental regulations. However, jurisdictions are usually taken to coincide with political boundaries even if environmental externalities may transcend them. This paper illustrates the design and...

The size of a jurisdiction is crucial in determining the efficiency, equity or efficacy of environmental regulations. However, jurisdictions are usually taken to coincide with political boundaries even if environmental externalities may transcend them. This paper illustrates the design and...

1. The dynamics of paternalism: The Naïf, The Slicker and The Busybody -- 2. A Country Banker -- 3. Mr. Thompkins Comes to Town: Buyer Beware -- 4. After the Fakirs -- 5. A Wise Man to Look Out for you -- 6. The Busybody’s Heavy Hand -- 7. The Banker Shunned -- 8. "You Can Fool Some of the...