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Breaking the Vicious Circle is a tour de force that should be read by everyone who is interested in improving our regulatory processes. Written by a highly respected federal judge, who would go on to serve on the Supreme Court, and who obviously recognizes the necessity of regulation but perceives its failures and weaknesses as well, it pinpoints the most serious problems and offers a creative solution that would for the first time bring rationality to bear on the vital issue of priorities in our era of limited resources.
Stephen Breyer was an Associate Justice of the Supreme Court of the United States from 1994 to 2022. He is now Byrne Professor of Administrative Law and Process at Harvard Law School.
Preface 1. Systematic Problems 2. Cause: The Vicious Circle 3. Solutions Notes Index
Reads like one of those intellectually exciting lectures for which some professors become so well known that their courses are fittingly oversubscribed every year. The style is clear and the analysis is dotted with the kind of provocative questions at the heart of this debate: how much regulation is enough, how much is too much, and the ultimate question, what is the dollar value of a life?