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Below is the draft of a lecture given on Tuesday 31st October as part of the 'The Beesley Lectures: Lectures On Regulation Series X 2000' organised by Professor David Currie of the London Business School and Professor Colin Robinson of the IEA. This is reproduced with the kind permission of Professor Yarrow
31 October 2000

Economic Theory
1 November 2000

Uncategorized
20 January 2026
https://iea.org.uk/wp-content/uploads/2016/07/upldbook12pdf.pdf
The rising tide of government regulation in most countries is provoking a reconsideration of the extent to which the state whould lay down rules for others. Self-regulation and other forms of voluntary rule-setting are being examined as substitutes for regulation by government.
Readings 52 begins with a paper by John Blundell and Colin Robinson which analyses the forces behind government regulation, its shortcomings and the scope for voluntary regulation. Seven papers by distinguished commentators on regulation then examine Blundell and Robinson’s conclusions.
Contents
Introduction
Regulation Without the State
JOHN BLUNDELL AND COLIN ROBINSON
Commentaries
Markets and Regulation
NORMAN BARRY
The Benefits of Private Regulation
DAVID BOAZ
OfHotWatBot: A Regulatory Tale
CHRISOPHER FILDES
The Challenge to State Regulation
LORD HASKINS
The Role of Private Regulation in Maintaining Financial Stability
RANDALL S. KROSZNER
The Devil or the Deep Blue Sea?
GRAEME LEACH
Market-based Regulatory Mechanisms
YESIM YILMAZ
Readings 52 begins with a paper by John Blundell and Colin Robinson which analyses the forces behind government regulation, its shortcomings and the scope for voluntary regulation. Seven papers by distinguished commentators on regulation then examine Blundell and Robinson’s conclusions.
Contents
Introduction
Regulation Without the State
JOHN BLUNDELL AND COLIN ROBINSON
Commentaries
Markets and Regulation
NORMAN BARRY
The Benefits of Private Regulation
DAVID BOAZ
OfHotWatBot: A Regulatory Tale
CHRISOPHER FILDES
The Challenge to State Regulation
LORD HASKINS
The Role of Private Regulation in Maintaining Financial Stability
RANDALL S. KROSZNER
The Devil or the Deep Blue Sea?
GRAEME LEACH
Market-based Regulatory Mechanisms
YESIM YILMAZ



