regulatory capture
Regulatory Capture is Not “Inevitable”
“Capture” has become a self-fulfilling prophecy of economists who turn their students into sure-to-fail regulators.
A Wall Street Journal editorial asserted the “inevitability” of...
Prosecuting Corporate Criminals
Prosecutions of individual corporate criminals can, in fact, be successful—and are critical for attaining justice.
It is difficult to escape the inference that the Great...
“Why Argue With the Government When You Can Buy the Government?”: Q&A with Gary Reback
In an interview with ProMarket, antitrust lawyer Gary Reback elaborated on the difference between antitrust enforcement in the U.S. and Europe, the influence the U.S. Supreme...
Regulatory Capture, Ancient and Modern
Regulatory capture's antecedents in political thought—which date back to ancient Greece—inform the modern concept.
Until recently, the term regulatory capture seemed stale, a mid-20th century...
Political Rents and Profits in Regulated Industries
A new working paper by James Bessen from Boston University finds that much of the rise in corporate profits since 2000 was caused by political...
Making it Look Like a Struggle
For capture to be sustainable, the regulator has to find ways to be perceived as being tough on the regulated without really hurting them.
The...
Preventing Regulatory Capture
When a regulation’s benefits exceed its costs, simplicity and interdisciplinary processes are essential to reducing capture.
Regulatory capture arises when regulatory decisions advance private interests...
Market Power and Inequality: How Big Should Antitrust’s Role Be in Reducing Inequality?
Is the rise of wealth inequality in the United States related to a decline in competition? A new paper answers in the affirmative.
Is the...
Challenges in Measuring Regulatory Capture
We as a society have failed to settle upon what we think are the measurements, the correlates, the red flags, and the warning signs...
Fighting Regulatory Capture in the 21st Century
It should come as no surprise that the movement against regulatory capture is gaining momentum at this particular moment in our nation’s history.
It is...
