"The unfettered marketplace, in which uncertainty rules and the admonition caveat emptor (`let the buyer beware') dictates each consumer decision, has today virtually disappeared. Consumers have become the focus of intensive economic policymaking designed to protect them from the risks and disappointments of the market. . . . Today, arguably no other economic actor in the advanced industrial countries?not the investor, not the worker, not the welfare recipient?enjoys a more thorough set of legal and institutional protections than the modern consumer when he or she enters the corner store."?from the Introduction Gunnar Trumbull investigates the origins of national systems of consumer protection in France and Germany, where, in the early 1970s, consumer groups and producers organized to advance their own ideas about the identity and interests of the affluent consumer. Through a comparison of eight areas of policy?product liability law, product safety standards...

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