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Similarly, administrative officials exercise quasi-legislative powers in making rules and deciding cases that come before administrative tribunals.
Like many an entrepreneur, he laments, "The bureaucrats are busy making rules and they know nothing about the business".
But Mr. Levitt had no legal background and left details to others while Mr. Pitt reveled in getting involved in the intimate details of making rules and prosecuting cases.
"There are lots of reasons for governments to be involved in making rules and regulations, but there are also lots of reasons for governments to stay out of the way.
"But regulators need to keep our eye on the ball and not be scared into making rules and regulations weak or ineffective because we are overly concerned about what we call 'litigation risk'," he said, according to the text of his speech.
The book is organized into seven chapters, with two introductory chapters on regulating risk and on making rules and generating knowledge.
Similar(51)
"They can still make rules, and it still makes a difference".
"You need to make rules, and you can't break your own rules," he said.
He had made rules, and this was one, to look only now.
Life was easier when my children were young and my husband and I could easily make rules and stick to them.
"The board of managers may be authorized by the bylaws to make rules and regulations and to enforce them," he said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com