Jerry Ellig on Dynamic Competition and Rational Regulation - Ellig, Jerry
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In the United States, the express purpose of regulation is, according to a 1993 executive order, to "protect or improve the health and safety of the public, the environment, or the well-being of the American people." However well intentioned, all human action carries with it the potential for secondary, sometimes negative, consequences. In the case of regulation, these consequences may cause harm-by exacerbating poverty, increasing opportunity inequality, raising prices, or reducing economic growth. The late Jerry Ellig-economist, teacher, writer-argued that before imposing regulations on…mehr

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Produktbeschreibung
In the United States, the express purpose of regulation is, according to a 1993 executive order, to "protect or improve the health and safety of the public, the environment, or the well-being of the American people." However well intentioned, all human action carries with it the potential for secondary, sometimes negative, consequences. In the case of regulation, these consequences may cause harm-by exacerbating poverty, increasing opportunity inequality, raising prices, or reducing economic growth. The late Jerry Ellig-economist, teacher, writer-argued that before imposing regulations on individuals and their activities, policymakers must conduct the kind of economic analysis that can deliver rational regulation. This process requires asking: How significant is the problem the regulation seeks to address? What is the root cause of the problem? Are there alternative ways to address the cause, and how effective might they be? What are the benefits and costs to society of each alternative? These are the questions Ellig sought to answer-whether conducting research at the George Washington University Regulatory Studies Center, serving as chief economist at the Federal Communications Commission, delivering testimony at a congressional hearing, or teaching students at the Mercatus Center at George Mason University. As this memorial collection shows, improvements in the regulatory process can foster the life-enhancing innovation and dynamic competition on which future prosperity depends.
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Autorenporträt
In his academic research, Jerry Ellig (1962-2021) focused on regulatory impact analysis, regulation of network industries, and performance management in government. But to ensure his work would make a difference in people's lives, he never forgot the need for a "bridge" connecting the academy and the policy world. It was one he traversed, back and forth, throughout his career. An assistant professor of economics at George Mason University between 1989 and 1995, Ellig served as a senior economist for the Joint Economic Committee of the US Congress (1995-96) before returning to Mason to join the university's Mercatus Center as a senior research fellow. Between 2001 and 2003 Ellig was deputy director and acting director of the Office of Policy and Planning at the Federal Trade Commission, after which he again returned to Mercatus and to a position as adjunct professor in Mason's School of Law (2005-08). In 2017 Ellig became chief economist at the Federal Communications Commission and a year later joined the George Washington University Regulatory Studies Center as a research professor. Ellig received his BA in economics from Xavier University and his MA and PhD in economics from Mason. He passed away suddenly in January 2021, leaving behind him his wife of 28 years, Sandy Chiong, and their daughter, Katherine.