O0PP 2030 - Political Economy of Regulation

Regulation broadly designate a range of government interventions to steer the activities of private-sector actors. Yet and in the current post-industrial period of growth that characterizes the condition of advanced capitalist economies, it also and crucially constitutes the main channel around which most interactions between states and businesses are governed. The goal of this class is thus not only to offer students a deep knowledge on regulation as a process or as a practice – but also and more fundamentally to provide them with the analytical resources to think about broader changes of present-day capitalism. To this end, the course combines a discussion of pressing issues in the study of regulation (including the relation between politicians and regulators, or the complex connections between regulation, applied knowledge and expertise) to more established questions, ranging from the source of business power to the mismatches between global markets and domestic regulations. Various examples are provided during each session, with a particular emphasis on the two main areas of expertise of the instructors: healthcare and finance.
Matthias THIEMANN,Cyril BENOIT
Séminaire
English
No prerequisites – a broad interest for political economy would be a plus
Autumn 2023-2024
Oral Presentation (of a research paper linked to the topic of the day) A brief written version of the presentation, based on the discussions in class Class participation
Carpenter, D. & Moss, D. (2014) Preventing regulatory capture, New York, Cambridge University Press
Laffont, J-J & Tirole, J (1993) A theory of incentives and procurement in Regulation, Cambridge, MIT Press