ABSTRACT
“Policy entrepreneurship” is not what it used to be David Eugene Price coined the term in his doctoral dissertation to describe what he observed and experienced among senators and their aides in the mid-1960s. In seeking an explanation, he identified the emerging phenomenon of “entrepreneurship” among senators and their aides, an orientation that began to alter the cultures of committees like Commerce and Labor and Public Welfare. Price's arrival on the Banking Committee with an eye out for entrepreneurial opportunities coincided with the rise of home equity loans as a hot new financial product. His committee assignment gave him a good opportunity to work on a remedy that would subject home equity loans to disclosure requirements as stringent as those that applied to other mortgages. Price's most ambitious appropriations initiative remains the construction of a new research facility for the Environmental Protection Agency in Research Triangle Park.
