The NPM's Solutions to Problems in Many Areas Involve a Great

Essay

The NPM's solutions to problems in many areas involve a great deal of trust, both in public administrators and the public. NPM's recommendations for regulatory affairs policies are no exception. Assume such programs pass legal tests. How do you feel about regulatory solutions based on trust? Can regulatees, given their financial incentives to break rules, be trusted or are other market-based factors effectively preventing rule breaking? Explain.