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9781316508008

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'This may well be the best guide, ever, to the regulatory state. It's brilliant, sharp, witty, and even-handed - and it's so full of insights that it counts as a major contribution to both theory and practice. Indispensable reading for policymakers all over the world, and also for teachers, students, and all those interested in what the shouting is really about.' Cass R. Sunstein, Robert Walmsley University Professor, Harvard University, Massachusetts, and former Administrator, White House Office of Information and Regulatory Affairs 'The title notwithstanding, this book will be valuable for all policy wonks, not just policymakers. It provides an organized and rigorous framework for analyzing whether and how inevitably imperfect regulation is likely to improve upon inevitably imperfect market outcomes.' Douglas H. Ginsburg, Chief Judge, United States Court of Appeals for the District of Columbia Circuit

Advance praise: 'This may well be the best guide, ever, to the regulatory state. It's brilliant, sharp, witty, and even-handed - and it's so full of insights that it counts as a major contribution to both theory and practice. Indispensable reading for policymakers all over the world, and also for teachers, students, and all those interested in what the shouting is really about.' Cass R. Sunstein, Robert Walmsley University Professor, Harvard University, Massachusetts, and former Administrator, White House Office of Information and Regulatory Affairs Advance praise: 'The title notwithstanding, this book will be valuable for all policy wonks, not just policymakers. It provides an organized and rigorous framework for analyzing whether and how inevitably imperfect regulation is likely to improve upon inevitably imperfect market outcomes.' Douglas H. Ginsburg, Chief Judge, United States Court of Appeals for the District of Columbia Circuit

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Thomas A. Lambert holds the Wall Family Chair in Corporate Law and Governance at the University of Missouri Law School. He is the author of more than twenty legal articles, mostly focused on regulation, and is co-author of a leading antitrust casebook.

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