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How to Regulate

Tuesday, October 03, 2017,
  • Location: Vanderbilt Law School • 131 21st Ave South • Nashville, TN 37203
  • Room: Flynn Auditorium

Markets sometimes fail. But so do regulatory efforts to correct market failures. Sometimes regulations reach too far, condemning good activities as well as bad, and sometimes they don't reach far enough, allowing bad behavior to persist. Join the Federalist Society as Professor Thomas A. Lambert explains the pitfalls of both extremes while offering a manual of effective regulation, showing how the best regulation maximizes social welfare and minimizes social costs. Professor Lambert will demonstrate that, like a physician, regulators should diagnose the underlying disease and identify its symptoms, potential remedies, and side effects before selecting the regulation that offers the greatest net benefit.

Thomas LambertThomas Lambert is Wall Chair in Corporate Law and Governance and Professor of Law at Mizzou Law. Before entering academia, he practiced law in the Chicago office of Sidley Austin and was a John M. Olin Fellow at Northwestern University School of Law and the Center for the Study of American Business (now the Murray Weidenbaum Center) at Washington University. After graduating from law school, he clerked for Judge Jerry E. Smith of the U.S. Court of Appeals for the Fifth Circuit.

This event is free and open to the public; lunch will be served.

Visitors should park in the Terrace Place Garage, spaces 41-92, at the corner of 21st Ave. South and Terrace Place, or the Wesley Place Garage, spaces 52-170, at the corner of 21st Ave. South and Scarritt Place.  Parking costs range from $4.00 to $12.00 at these garages.  Both are within walking distance of the law school.