1/2: #ClassicRichardEpsteijn: Tales of the Administrative State: 1/2 Our regulatory agencies and their abduction by “interests.” @RichardAEpstein
Sep 05, 2022, 01:32 AM
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@Batchelorshow
1/2: #ClassicRichardEpsteijn: Tales of the Administrative State: 1/2 Our regulatory agencies and their abduction by “interests.” @RichardAEpstein
Theory of Regulatory Capture* by the Regulated. Richard A Epstein, Tisch Professor of Law NYU Bedford Senior Fellow; Hoover Institution; senior lecturer, University of Chicago Law School. @RichardAEpstein
https://promarket.org/2021/07/22/george-stigler-theory-economic-regulation-interest-group-politics-industry/
* Regulatory agencies come to be acquired by the interests they regulate and not by the public interest.
@Batchelorshow
1/2: #ClassicRichardEpsteijn: Tales of the Administrative State: 1/2 Our regulatory agencies and their abduction by “interests.” @RichardAEpstein
Theory of Regulatory Capture* by the Regulated. Richard A Epstein, Tisch Professor of Law NYU Bedford Senior Fellow; Hoover Institution; senior lecturer, University of Chicago Law School. @RichardAEpstein
https://promarket.org/2021/07/22/george-stigler-theory-economic-regulation-interest-group-politics-industry/
* Regulatory agencies come to be acquired by the interests they regulate and not by the public interest.