The purpose of this article is first to navigate through variousperspectives on government regulation in an effort to develop areasonable and consistent view for regulatory proposals. Parts II and III of this article provide a brief outline of our current regulatory environment and its evolution. Part IV presents arguments for an efficient regulation of business by using market based regulation with a separation of efficiency and equity issues, where feasible. Examples of this regulatory approach appear throughout the article along with suggested reforms.
Thomas M. Arnold & Jerry L. Stevens,
Mixed Agendas and Government Regulation of Business: Can We Clean Up the Mess?,
U. Rich. L. Rev.
Available at: https://scholarship.richmond.edu/lawreview/vol45/iss4/3