![]() Firms may make unsubstantiated or misleading claims for their products or market goods they know to be either defective or worthless for their prescribed uses. Drugs intended to alleviate pain, supplement diets, or fight disease may be misused or may induce harmful (and unpredictable) reactions in some persons. Industries produce useful chemicals that may also threaten workers, consumers, and future generations. Innovation has proved to be a double-edged sword, steadily improving our quality of life while creating risks heretofore unknown. Much of this perceived risk originates in modern technology. Whether by street crime, shoddy financial investments, or environmental pollution, we are increasingly made aware of ourselves as a nation of potential victims. That inescapable message is delivered daily to millions of Americans via television, newspapers, and magazines. Introduction Risk seems to be everywhere. Foreman, kept asking, "How's the book coming?" Much as I might like to blame any or all of the above for such errors as remain, the responsibility for these is mine alone. My wife, Lena Zezulin, provided unwavering support, even in the difficult months after the appearance of our son, Alexander, as the project moved toward completion. I know, however, that this book would have been impossible but for their generosity. I cannot, for reasons set forth in the Appendix, name all the seventy persons in Congress, the federal bureaucracy, and elsewhere who gave me their time and insights. Laura Jones Dooley provided a swift and sure-handed final editing for the Yale University Press. The various drafts of the manuscript also benefited from careful and insightful scrutiny by Gary Bryner, Paul Light, Paul Quirk, Clarence Stone, James Q. I am indebted ix X Acknowledgments to the Post for granting the sabbatical that made her available for work on this book. Later, Michel McQueen, then at the Washington Post and currently at the Wall Street journal, put at my disposal the skill and energy of a superb professional journalist. Early on, Cindy Burack performed considerable exploratory research that helped clarify my thinking. At different times I also enjoyed the services of two very capable research assistants. The book improved considerably in his hands. ![]() The Fund also retained Alex Holzman, who not only contributed a superior job of text editing but also challenged arguments or characterizations he thought questionable. Berkowitz suggested my name to the Fund and later offered advice and encouragement. Rossant for their support, patience, and helpful prodding at various stages of the project. Smith, Steve Andors, Jeffrey Laurenti, Marcia Bystryn, Beverly Goldberg, Wendy Mercer, and, of course, the late M. Shortly thereafter my work began in earnest under the generous auspices of the Twentieth Century Fund. The comments of conference participants Paul Quirk and Patrick McLain were especially helpful. Eads and Michael Fix invited me to participate and unwittingly set me thinking about undertaking a project of my own. The seeds were planted in June 1983 in Washington, D.C., at an Urban Institute conference on the Reagan administration regulatory relief effort. Prospects 188 Appendix 202 Index 207 88 Acknowledgments I had no idea when I began this book just how many people would ultimately play important roles in helping me to complete it. The Framework for Regulatory Oversight 11 Chapter 2. IO 9 8 7 6 5 4 3 2 For My Father Contents Acknowledgments Introduction IX 1 Chapter 1. JK585.F68 I988 328.73'07456 88-I7434 ISBN 0-300-044I 0-0 The paper in this book meets the guidelines for permanence and durability of the Committee on Production Guidelines for Book Longevity of the Council on Library Resources. Trade regulationPolitical aspects-United States. Library of Congress Cataloging-in-Publication Data Foreman, Christopher H. ![]() Printed in the United States of America by BookCrafters, Inc., Chelsea, Michigan. Designed by Nancy Ovedovitz and set in Baskerville type by Rainsford Type. ![]() Copyright Law and except by reviewers for the public press), without written permission from the publishers. This book may not be reproduced, in whole or in part, including illustrations, in any form (beyond that copying permitted by Sections I 07 and I 08 of the U.S. Yale University Press New Haven and London Copyright © I988 by the Twentieth Century Fund. Signals from the Hill Signals from the Hill Congressional Oversight and the Challenge of Social Regulation Christopher H. ![]()
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