An Agenda for Federal Regulatory Reform by Robert W. Crandall

By Robert W. Crandall

The authors of this primer think that the present method of federal legislation urgently wishes fix. not just are present costs mandated by means of legislation huge, yet a considerable percentage of these charges is useless. therefore, extra clever rules may perhaps in attaining an analogous social pursuits at less price or extra formidable ambitions on the comparable fee. Federal rules has grown dramatically in fresh a long time, no matter if thought of totally, as a relative percentage of the U.S. economic climate, or as a relative percentage of the output of the government.

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Formerly, he was an associate professor at the University of Vermont and a lecturer and visiting professor at Harvard University. Paul R. Portney is president of Resources for the Future. From 1989 to 1995 he was RFF’s vice president and director of its Center for Risk Management and its Quality of the Environment Division. Before joining RFF, Mr. Portney was chief economist at the Council on Environmental Quality in the Executive Office of the President. He is currently a member of the Environmental Protection Agency’s Science Advisory Board and chairman of the board’s Environmental Economics Advisory Committee.

Litan is director of the Economic Studies Program at the Brookings Institution. 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.

Before joining RFF, Mr. Portney was chief economist at the Council on Environmental Quality in the Executive Office of the President. 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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