IDEAS home Printed from https://ideas.repec.org/h/spr/euhchp/978-3-319-47471-7_3.html
   My bibliography  Save this book chapter

Bootleggers and Baptists in the Garden of Good and Evil: Understanding America’s Entangled Economy

In: Law and Economics in Europe and the U.S

Author

Listed:
  • Dima Yazji Shamoun

    (University of Texas at Austin)

  • Bruce Yandle

    (George Mason University)

Abstract

The U.S. is a regulatory state where major industries and firms throughout the economy are subject to extensive command and control regulation. Put another way, America is an entangled economy where concepts of seperate private from public enterprises and occasional intervention to affect market outcomes no longer apply. There is regulation at every margin. Drawing on the Bootlegger/Baptist theory, this chapter seeks to explain how special interest group demand for command-and-control regulation, as opposed to other forms of regulation, such as the use of performance standards and economic incentives, has accommodated and reinforced the rise of the regulatory state. The chapter traces the evolution of regulation theory to the present and then provides evidence on the rise of regulation and its effects.

Suggested Citation

  • Dima Yazji Shamoun & Bruce Yandle, 2016. "Bootleggers and Baptists in the Garden of Good and Evil: Understanding America’s Entangled Economy," The European Heritage in Economics and the Social Sciences, in: Alain Marciano & Giovanni Battista Ramello (ed.), Law and Economics in Europe and the U.S, pages 31-54, Springer.
    • Handle: RePEc:spr:euhchp:978-3-319-47471-7_3
    DOI: 10.1007/978-3-319-47471-7_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:euhchp:978-3-319-47471-7_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.