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Read the Introduction.
"Whether you are interested in the role of government and
markets, or the role of technology in society, or in specific
policy areas, "Half-Life" makes for stimulating reading. Foldvary
and Klein should be commended for bringing together many disparate
policy areas under one roof, and assessing the role of technology
in promoting choice, freedom, and prosperity."--"Knowledge,
Technology, & Policy"
""The Half-Life of Policy Rationales" is one clever book.
Nothing in recent years on economics of new technology comes
close."
--"The Independent Review"
"This makes for provocative and profitable reading."
-- "Markets & Morality"
"A useful volume for those interested in the rationales for
regulations and other government policies."
--" Choice"
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 endangeredspecies. 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.
General
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