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Public Choice Issues in Social Regulation |
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| Authors: | Martin Ricketts |
| Institution: | Martin Ricketts is Professor of Economic Organisation at the University of Buckingham and Chairman of the IEA'S Academic Advisory Council. |
| Abstract: | The regulatory activity of government is now pervasive, acting like a tax and pushing up costs. Public choice analysis shows that producer and other groups try to capture regulatory control to minimise its impact. Deregulatory trends in the US have been accompanied by the growth of environmental and health and safety regulation both in the US and in the UK and Europe. |
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