The Half-Life of Policy Rationales argues that the appropriateness of policy depends on the state of technology, and that the justifications for many public policies are dissolving as technology advances. As new detection and metering technologies are being developed for highways, parking, and auto emissions, and information becomes more accessible and user-friendly, this volume argues that quality and safety are better handled by the private sector. As for public utilities, new means of producing and delivering electricity, water, postal, and telephone services dissolve the old natural-monopolies rationales of the government.This volume includes essays on marine resources, lighthouses, highways, parking, auto emissions, consumer product safety, money and banking, medical licensing, electricity, water delivery, postal service, community governance, and endangered species. The editors have mobilized the hands-on knowledge of field experts to develop theories about technology and public policy. The Half-Life of Policy Rationales will be of interest to readers in public policy, technology, property rights, and economics.
Author Biography: Fred E. Foldvary is a Lecturer in Economics at Santa Clara University. He is author of Public Goods and Private Communities and Dictionary of Free Market Economics. Daniel B. Klein is Associate Professor of Economics at Santa Clara University. He is co-author of Curb Rights: A Foundation for Free Enterprise in Urban Transit and editor of Reputation: Studies in the Voluntary Elicitation of Good Conduct and What Do Economists Contribute?, available from NYU Press.
|Publisher:||New York University Press|
|Product dimensions:||5.90(w) x 8.90(h) x 0.70(d)|
Table of Contents
part i Metering, Excluding, and Charging
1 Technology, Marine Conservation, and Fisheries Management
2 The Lighthouse as a Private-Sector Collective Good
3 Motorway Financing and Provision: Technology Favors a New Approach
4 Buying Time at the Curb
5 Fencing the Airshed: Using Remote Sensing to Police Auto Emissions
part ii Quality Assurance and Consumer Protection
6 Technology and the Case for Free Banking
7 Consumer Protection Regulation and Information on the Internet
8 Medical Licensing: Existing Public Policy and Technological Change
part iii Natural Monopoly?
9 Technology and Electricity: Overcoming the Umbilical Mentality
10 Avoiding the Grid: Technology and the Decentralization of Water
11 Technological Change and the Case for Government Intervention in Postal Services
part iv Other Areas of Policy
12 The Entrepreneurial Community in Light of Advancing Business Practices and Technologies
13 Technology and the Protection of Endangered Species