Creating Competitive Markets The Politics of Regulatory Reform

Preface

Acknowledgments

Introduction

1. Creating Competitive Markets: The Politics of Market Design

Part I. Metapolicy

2. Why Freer Markets Need More Rules

3. Regulation in Banking: A Mechanism for Forcing Market Solutions

4. Revenge of the Law? Securities Litigation Reform and Sarbanes-Oxley's Structural Regulation of Corporate Governance

5. The Politics of Risk Privatization in U.S. Social Policy

Part II. Market Design

6. The Success and Limits of Deregulation in Network Industries: Freight Railroad and Electricity

7. Regulatory Reform of the U.S. Wholesale Electricity Markets

8. The Perils of Market Making: The Case of British Pension Reform

9. A Market for Knowledge? Competition in American Education

Part III. Political Sustainability

10. Regulation, the Market, and Interest Group Cohesion: Why Airlines Were Not Regulated

11. Reaching Competition Despite Reform: When Technology Trumps (De)Regulation and the New "Old Politics in Telecommunications Reform

12. the Day after Market-Oriented Reform, or What Happens When Economists' Reform Ideas Meet Politics

13. The Political Economy of Deregulation in Canada

Part IV. Conclusion

14. Dishonest Corporatism: Who Guards the Guardians in an Age of Soft Law and Negotiated Regulation?

15. Why Deregulation Succeeds or Fails

16. Concluding Thoughts: How the Whole Is Greater than the Sum of Its Parts

Contributors

Index