Regulatory Capture Video
KPC friend Susan Dudley on regulatory capture. Nicely done, ma'am!
Labels: big uncles, crony capitalism is a hell of an ism, regulation
posted by Mungowitz @ 1/06/2012 12:28:00 PM
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2 Comments:
Thanks for posting this - Ms. Dudley's point about companies asking for regulations to promote certain products is excellent, and illustrates the concept beautifully - so even I can uderstand it. I immediately recall the chapter about child carseats vs alternate types of safety restraints in Freakonomics. Could it be that the unintended consequences of regulations are not so unintended?
Should be "so even I can *understand* it." Sorry about that.
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