Abstract
Regulation of individual behavior by higher authorities is as ancient as the Garden of Eden and as recent as yesterday’s Federal Register. Adam and Eve chaffed against the iron-clad specification standard they confronted, accepted the advice of an independent counselor, engaged in noncompliance activities, and suffered the consequences. They were required to leave a pristine environment where entry was barred and move to a significantly deteriorated competitive location where labor productivity was lower and future regulations would be crafted by their fellow man.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Similar content being viewed by others
References
Anderson, Douglas D. Regulatory Politics and Electric Utilities. Boston: Auburn House Publishing, 1981.
Becker, Gary S. “A Theory of Competition Among Pressure Groups for Political Influence.” The Quarterly Journal of Economics 98 (August 1983): 371–399.
Buchanan, James M. “Rent Seeking and Profit Seeking.” in Toward a Theory of the Rent-Seeking Society, ed. by J. M. Buchanan, R. D. Tollison, and G. Tulluck, College Station: Texas Aamp;M Press, 1980.
Crandall, Robert. Regulating the Automobile, Washington: Brookings Institution, 1986. “Flammability Rules Argued.” Chemical and Engineering News (April 1971).
Irwin, Manley R. “The Telephone Industry.” Walter Adams, ed. The Structure of American Industry. New York: Macmillan Publishing Company, 1982, 298–318.
Kneuper, Robert A. “The Political Economy of Mandatory Passive Restraints: An Investigation of Auto Safety Regulation.” Master’s thesis, Department of Economics, Clemson University, 1987.
Martin, Robert and Bruce Yandle. “Lotteries as Transfer Mechanisms.” Unpublished manuscript, Department of Economics, Clemson University, 1988.
McChesney, Fred S. “Rent Extraction and Rent Creation in the Economic Theory of Regulation.” The Journal of Legal Studies 16 (1987): 101–117.
Peltzman, Sam. “The Effects of Automobile Safety Regulation.” Journal of Political Economy. 83(Aug.-Dec. 1975 ): 677–725.
McChesney, Fred S. “Toward a More General Theory of Regulation.” Journal of Law and Economics. 19 (August 1976): 211–240.
Posner, Richard A. “Theories of Economic Regulation.” Bell Journal 5(Autumn 1974 ): 335–358.
Price, Jamie and Bruce Yandle. “Labor Markets and Sunday Closing Laws.” Journal of Labor Research 8(Fall 1987 ): 407–413.
Shuford, Gordon and Bruce Yandle. “Consumer Protection, Private Interests Effects, and Government Liability: The Tris Episode.” Center for Policy Studies, Clemson University, 1988.
Stiger, George J. “The Theory of Economic Regulation.” Bell Journal of Economics 2(Spring 1971 ): 3–21.
Tullock, Gordon. “The Welfare Costs of Tariffs, Monopolies, and Theft.” Western Economic Journal 5 (June 1967): 224–232.
Yandle, Bruce. “Bootleggers and Baptists: The Education of a Regulatory Economist.” Regulation (May/June 1983 ): 12–16.
Yandle, Bruce. “Intertwined Interests, Rent Seeking and Regulation.” Social Science Quarterly 65 (December 1984): 1004–1012.
Yandle, Bruce. and Elizabeth Young. “Regulating the Function, Not the Industry.” Public Choice 51 (1986): 56–69.
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1989 Kluwer Academic Publishers
About this chapter
Cite this chapter
Yandle, B. (1989). Bootleggers and Baptists in the Market for Regulation. In: Shogren, J.F. (eds) The Political Economy of Government Regulation. Topics in Regulatory Economics and Policy Series, vol 4. Springer, Boston, MA. https://doi.org/10.1007/978-1-4613-0871-3_3
Download citation
DOI: https://doi.org/10.1007/978-1-4613-0871-3_3
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4612-8212-9
Online ISBN: 978-1-4613-0871-3
eBook Packages: Springer Book Archive