Regulation and Economic Analysis: A Critique Over Two Centuries argues that long experience with the practice of regulation creates a broad anti-intervention consensus among economists. This consensus is based on comparison of real intervention to real markets rather than an ideological preconception. It is shown that economic theory can support all possible positions on intervention. Much theory is too abstract to support any policy position; many arguments about how intervention might help contain qualifications expressing doubts about whether the potential can be realized; many theories illustrate the drawbacks of intervention. The vast literature on these issues concentrates either on specific cases or polemics that exaggerate both sides of the argument. Regulation and Economic Analysis seeks to show the depth of the discontent, develop interpretations of economic theory that follow from skepticism about statism and provide selected illustrations. The discussion begins with examination of general equilibrium theory and proceeds to discuss market failure with stress on monopoly and particularly what is deemed excessive concern with predatory behavior. International trade issues, transaction costs, property rights, economic theories of government, the role of special institutions such as contracts, the defects of macroeconomic and equity arguments for regulating individual markets, environmental economics and the defects of public land management policies are examined.

Regulation and Economic Analysis: A Critique Over Two Centuries argues that long experience with the practice of regulation creates a broad anti-intervention consensus among economists. This consensus is based on comparison of real intervention to real markets rather than an ideological preconception. It is shown that economic theory can support all possible positions on intervention. Much theory is too abstract to support any policy position; many arguments about how intervention might help contain qualifications expressing doubts about whether the potential can be realized; many theories illustrate the drawbacks of intervention. The vast literature on these issues concentrates either on specific cases or polemics that exaggerate both sides of the argument. Regulation and Economic Analysis seeks to show the depth of the discontent, develop interpretations of economic theory that follow from skepticism about statism and provide selected illustrations. The discussion begins with examination of general equilibrium theory and proceeds to discuss market failure with stress on monopoly and particularly what is deemed excessive concern with predatory behavior. International trade issues, transaction costs, property rights, economic theories of government, the role of special institutions such as contracts, the defects of macroeconomic and equity arguments for regulating individual markets, environmental economics and the defects of public land management policies are examined.

The essays in this volume explore different aspects of the relation between Greek myth and Greek thought between the Archaic period (Homer and Hesiod) and the Hellenistic period, highlighting both the continuities and the contrasts in the Greek interpretations and 'uses' of myth. With the exception of the essay by Louis Gernet, all bear traces of the authors; attempts to combine older views stemming essentially from Durkheim and his pupils with Levi-Strauss's version of structuralism. Because the potential field is unmanageably large this selection concentrates on four important areas: the value of Greek myth in revealing the underlying coherence of Greek views of divinity; the manner in which Greek myth constructed meanings for Greek culture as a whole by selecting and combining certain motifs derived from different areas of life; the relationship between myth and delicate areas of social existence such as the nature of the value of certain objects and the passage of individuals from one status to another; and finally, the role of the myth in providing 'forms' for breaking rules - both in order to confirm the norm and to provide symbolic and actuals means of escape from dominant social rules and meanings. This book should be of interest to students in a number of disciplines concerned with myth and ancient society.