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25 Yale J. on Reg. 331 (2008)
Remarks at the Twenty-First Anniversary Dinner of the Yale Journal on Regulation

handle is hein.journals/yjor25 and id is 335 raw text is: Remarks at the Twenty-Fifth Anniversary Dinner of the Yale Journal on Regulation Bruce Judson t This is a very exciting evening for me. It is one thing to participate in starting a new institution, with all of the attendant excitement, inevitable frustrations and, hopefully, ultimate success. It is quite another to see that twenty-five years later, that institution continues to exist, to thrive, and to evolve to meet the challenges of the day. Tonight, I thought that I would very briefly give you a quick look at the largely unknown history of the birth of the Yale Journal on Regulation, and give you a sense of why it took its original form. In her book The Creative Habit, the choreographer Twyla Tharpe says that whom the gods wish to destroy, they give unlimited resources.1 If that is true, then the gods wanted the Journal to succeed. Twenty-five years ago the idea of the Yale Journal on Regulation was somewhat controversial. On the one hand, a core group of Yale Law students with a strong interest in the law, economics, and public policy associated with regulation believed there was a need for a preeminent national forum for in- depth discussion of regulatory issues. On the other hand, the Law School administration was concerned about the ability of the student body to support a second major journal. The Yale Law Journal was, of course, a long-established entity. Could the school's student body sustain another major journal? In a moment, I will discuss how this issue was resolved, and its implications for the development of the Journal. However, before focusing on the details of our launch, I thought I should discuss why we believed in the value of creating a new journal focused on regulation. First, there were a large number of new ideas emerging in microeconomic theory with potential implications for regulatory policy. We believed that we could play a role in accelerating the movement of groundbreaking academic research into valuable public policies by encouraging scholars to write about their findings in terms that policymakers without extensive backgrounds in economics could understand. Second, we were amidst the Reagan presidency, and the idea of regulation in general was in t Co-founder and former Editor-in-Chief, Yale Journal on Regulation. Senior Faculty Fellow, Yale School of Management. J.D. Yale Law School, M.B.A. Yale School of Management. I TWYLA THARPE, THE CREATIVE HABIT 129 (2003).

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