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Institution:
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Reed College
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Subject:
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Description:
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Full course for one semester. This course addresses the problem of regulation and its design from a historical and interdisciplinary perspective. It will begin with the Chicago School critique of economic regulation. It will use that critique as a foil for critically reexamining both the rise of regulation in the Progressive and New Deal eras and the "deregulation" movement of the late 20th century. It will then focus on the regulatory forms currently under consideration, ranging from regulation by information, private and public certification schemes, and cap and trade systems, to self-regulatory systems, "soft law," and deliberative or experimentalist governance. Throughout, we will develop three critical themes: how regulation makes rather than interferes with markets; how to design regulatory arrangements that upgrade rather than suppress competition; and how decisions about regulation are decisions about the kinds of economies, economic development and industrial orders we will pursue. Course prerequisites: Sociology 211; or at least sophomore standing and one of the following: Economics 201, Political Science 210, Political Science 220); or consent of the instructor. Conferenc
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Credits:
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3.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(503) 771-1112
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Regional Accreditation:
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Northwest Commission on Colleges and Universities
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Calendar System:
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Semester
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