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How to Regulate
Markets sometimes fail. But so do regulatory efforts to correct market failures. Sometimes regulations reach too far, condemning good activities as well as bad, and sometimes they don't reach far enough, allowing bad behavior to persist. In this highly instructive book, Thomas A. Lambert explains the pitfalls of both extremes while offering readers a manual of effective regulation, showing how the best regulation maximizes social welfare and minimizes social costs. Working like a physician, Lambert demonstrates how regulators should diagnose the underlying disease and identify its symptoms, potential remedies for it, and their side effects before selecting the regulation that offers the greatest net benefit. This book should be read by policymakers, students, and anyone else interested in understanding how the best regulations are crafted and why they work.
Law and Order in Anglo-Saxon England
Law and Order in Anglo-Saxon England explores English legal culture and practice across the Anglo-Saxon period, beginning with the essentially pre-Christian laws enshrined in writing by King AEthelberht of Kent in c. 600 and working forward to the Norman Conquest of 1066. It attempts to escape the traditional retrospective assumptions of legal history, focused on the late twelfth-century Common Law, and to establish a new interpretative framework for the subject, more sensitive to contemporary cultural assumptions and practical realities. The focus of the volume is on the maintenance of order: what constituted good order; what forms of wrongdoing were threatening to it; what roles kings, lor...
Judging Faith, Punishing Sin
The first comparative analysis of Catholic inquisitions and Calvinist consistories in the great Christian age of reformation.
Logica, Or Summa Lamberti
This is the only complete translation of Lambert of Auxerre's Logica in any language, providing a comprehensive study of his logic situated in the context of contemporaries and predecessors.
Tobacco and Smoking
Smoking is a hot button subject, especially when movies, T.V. and online shows, ads, and celebrities are shown partaking in long, dramatic drags from cigarettes and other smoking devices. While you need to be 18 years old to smoke legally in the U.S., when lead characters of a younger are seen smoking, the double messages abound. This volume carefully explores real and perceived teen rights related to tobacco and smoking. Readers will learn whether or not smoking is a right for teens, and examine the question of whether or not tobacco companies are targeting teens. They will also evaluate the impact of tobacco advertising on their age group.
Self Knowledge in Thomas Aquinas
This study concerns the position of Saint Thomas Aquinas on human self knowledge (“the soul’s knowledge of itself,” in medieval idiom). Its main goal is to present a comprehensive account of Aquinas’s philosophy of self knowledge, by clarifying his texts on this topic and explaining why he made the claims he did. A second objective is to situate Thomas’s position on self awareness within general world, and specific thirteenth century, traditions concerning this theme. And a third is to apply Aquinas’s approach and insights to selected and contemporary issues that involve self knowledge, such as the alleged paradoxes of self reflection and of “unconscious awareness.” The prima...
Bank Lobbying: Regulatory Capture and Beyond
In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the findings are consistent with regulatory capture, which lessens the support for tighter rules and enforcement. This in turn allows riskier practices and worse economic outcomes. The evidence provides insights into how the rising political power of banks in the early 2000s propelled the financial system and the economy into crisis. While these findings should not be interpreted as a call for an outright ban of lobbying, they point in the direction of a need for rethinking the framework governing interactions between regulators and banks. Enhanced transparency of regulatory decisions as well as strenghtened checks and balances within the decision-making process would go in this direction.
Planning Armageddon
Before the First World War, the British Admiralty conceived a plan to win rapid victory in the event of war with Germany-economic warfare on an unprecedented scale.This secret strategy called for the state to exploit Britain's effective monopolies in banking, communications, and shipping-the essential infrastructure underpinning global trade-to create a controlled implosion of the world economic system. In this revisionist account, Nicholas Lambert shows in lively detail how naval planners persuaded the British political leadership that systematic disruption of the global economy could bring about German military paralysis. After the outbreak of hostilities, the government shied away from fu...
