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Rethinking Consumer Protection Thomas Tacker

Rethinking Consumer Protection By Thomas Tacker

Rethinking Consumer Protection by Thomas Tacker


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Summary

This book explains how revamped consumer protection regulations, allowing greater individual choice, along with the government partially shifting to more of an advisory role, can save many thousands of lives annually, and make medicines and other products radically cheaper. Major case studies include the FDA and Uber versus taxis.

Rethinking Consumer Protection Summary

Rethinking Consumer Protection: Escaping Death by Regulation by Thomas Tacker

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 Thomas Tacker

Thomas Tacker is professor of economics at Embry-Riddle Aeronautical University, Florida.

Table of Contents

Chapter 1 Economic Foundations of Morality and Consumer Wellbeing

Chapter 2 New Medicines and Our Dangerous Quest for Certainty

Chapter 3 Saving Lives with a Better, Safer FDA

Chapter 4 How Uber Innovated to Save Lives and Why Taxis Never Did

Chapter 5 Business Reality versus Cultural Perception

Chapter 6 Is Air Travel Too Safe, and Do We Need the TSA Monopoly?

Chapter 7 Toward More Safety, More Choices and Lower Prices

Additional information

NLS9781498577434
9781498577434
1498577431
Rethinking Consumer Protection: Escaping Death by Regulation by Thomas Tacker
New
Paperback
Lexington Books
2021-10-18
188
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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