Rethinking Consumer Protection: Escaping Death by Regulation
Thomas Tacker
ISBN 10: 1498577415 ISBN 13: 9781498577410
Published by Lexington Books, 2019
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Hardback
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Synopsis:
For many decades consumer protection laws have focused on preventing “bad” choices. Though that approach has some value, this book explains we are much more often harmed, even killed, by the needless delay of new inventions that could save lives or vastly improve life quality. Thomas Tacker explains how we can revamp regulation to embrace inventions that save and improve lives while still holding companies accountable for actions that harm consumers. Case studies include price gouging, the FDA approval process, airport passenger screening, and occupational licensing, particularly as it relates to Uber. This book demonstrates that enacting appropriate liability laws and providing information to guide consumers, rather than strictly controlling their choices, will save thousands of lives annually, increase consumer freedom, and make life more enjoyable.
About the Author: Thomas Tacker is professor of economics at Embry-Riddle Aeronautical University, Florida.
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Bibliographic Details
Title: Rethinking Consumer Protection: Escaping ...
Publisher: Lexington Books
Publication Date: 2019
Binding: Hardback
Condition: New