January 24, 2017 | 1 p.m. ET
About this BookTalk:
From accrediting doctors and lawyers to setting industry and professional standards, private groups establish many of the public policies in today’s advanced societies. Yet this important role of non-governmental groups is largely ignored by those who study, teach, or report on public policy issues. Public Policymaking by Private Organizations
sheds light on policymaking by private groups, which are unaccountable to the general public and often even to governments.
This book brings to life the hidden world of policymaking by providing an overview of this phenomenon and in-depth case studies in the areas of finance, food safety and certain professions. Far from being merely self-regulation or self-governance, policymaking by private groups, for good or ill, can have a substantial impact on the broader public—from ensuring the safety of our home electrical appliances to vetting the credit-worthiness of complex financial instruments in the runup to the 2008 financial crisis.
A. Lee Fritschler
R. Sam Garrett, Moderator, Adjunct Professor, American University