Regulatory Law and Policy (LAW-872-001)
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This course provides an overview of the regulatory process, including the rationale for regulatory programs and reasons for ending or deregulating them, how and why Congress creates or abolishes agencies, how agencies administer their statutory programs, and alternatives to traditional regulations. In addition, it will consider business regulation as a way to address market failures, including natural monopoly, externalities, or problems arising from costly or asymmetric information. Prerequisite: Administrative Law (LAW-601) preferred.
Textbooks and Other Materials
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Bressman, Rubin, & Stack, THE REGULATORY STATE (2d ed. 2013)
First Class Readings
For the first class, we will cover the following topic: Agencies in the Modern System: Structure, Leadership, and Control of the Regulatory Process
The reading assignment for the first class is below:
Textbook: Bressman, Rubin, & Stack, THE REGULATORY STATE (2d ed. 2013) ("Textbook")
• Overview of agencies: Skim pages Textbook, pages 1-15
• The structure of agencies: Textbook, pages 54-57
• Who shapes policy in an agency (political appointees and career civil servants): Textbook, pages 57-79
• Memorandum for the Heads of Executive Departments and Agencies from Rahm Emanuel, Chief of Staff to President Obama (2 pages, available on myWCL)
• Memorandum for the Heads of Executive Departments and Agencies from Reince Priebus (2 pages, available on myWCL)