New research in the social sciences has yielded insights with important implications for the government's role in the economy. New Perspectives on Regulation is aimed primarily at citizens and public servants, including our leaders in Washington, who are grappling with a crisis that conventional approaches didn't predict and don't yet seem able to solve. As an experiment in reconnecting academia to our broader democracy, this book is one piece of the mission that the Tobin Project has undertaken: to invigorate public policy debate by rededicating academic work to the pursuit of solutions to society's great problems.