Higher Demand, Lower Supply? A Comparative Assessment of the Legal Landscape for Ordinary Americans

Comments on the lack of data available, provides a summary of a US household legal needs study in 1994 where 50% of households experienced one of more legal problems annually. Of those with legal needs, 37% of the poor sought assistance from a third-party for resolution of the problem, 29% from a specifically legal third…

Irrational behaviour as a rationale for regulation

Should regulators intervene on the ground that it’s for the consumer’s own good, even if the consumer doesn’t know it? In the Journal of Policy Analysis & Management, a series of articles puts the pros and cons of this approach, which seeks to intervene to address “costs we impose on ourselves by taking actions that are not in our…

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