Edward J. Balleisen



(Monday, 18th May 2020)

Title : The Origins and Evolution of the Modern Regulatory State

This session will examine the transformation of modern regulatory institutions since the mid-nineteenth century, with an emphasis on the role of regulatory rules in constituting and coordinating markets, as well as addressing perceived social and environmental harms created by economic activity. Focusing especially on the United States, key themes include the invention of expert administration in the late 19th and early 20th centuries, subsequent critiques of the administrative state as unaccountable and inefficient, resulting mid-20th century procedural reforms to make regulatory policymaking more democratic, and the emergence of deregulatory movements toward the end of the 20th century.