Authors libby rittenberg 866

Administration
Food and Drug
Administration

Regulates food and drug producers; emphasis
on purity, labeling, and product safety

Consumer Product Safety
Commission

Regulates product design and labeling to
reduce risk of consumer injury

Energy and the Environment
Environmental Protection Sets standards for air, water, toxic waste, and
Agency
noise pollution
Department of Energy

Sets national energy policy

Nuclear Regulatory
Commission

Regulates nuclear power plants

Corps of Engineers

Sets policies on construction near rivers,
harbors, and waterways

Labor Markets
Equal Employment
Opportunity Commission

Enforces antidiscrimination laws in the
workplace

National Labor Relations
Board

Enforces rules and regulations governing
contract bargaining and labor relations
between companies and unions

Theories of Regulation
Competing explanations for why there is so much regulation range from
theories that suggest regulation protects the public interest to those that
argue regulation protects the producers or serves the interests of the
regulators. The distinction corresponds to our discussion in the last
chapter of the public interest versus the public choice understanding of
government policy in general.
Attributed to Libby Rittenberg and Timothy Tregarthen
Saylor URL: />
Saylor.org

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