The most fruitful avenue for reducing regulatory capture is to impose more checks-and-balances on our agencies, reversing recent trends toward expediency.
After spending some years...
Meet the Florida-based Fanjul brothers, who inject money to both political parties and dominate an industry that enjoys billions of dollar's worth of subsidies and protections.
Last week,...
Studies consistently show that whistleblowers are motivated by moral reasons. The primacy of moral concerns makes sense, considering how frequently whistleblowers face exclusion and retaliation rather...
ProMarket interviews Eric Ben-Artzi, the former Deutsche Bank risk officer turned whistleblower who rejected an $8.25 million award from the SEC.
In May 2015, Deutsche Bank...
External and internal capture may be reduced through a more logical division of labor between Congress and agencies.
In these hyper-partisan times, one is hard-pressed...
Special interest groups can use their influence over regulation to water down not just potential legal sanctions but also potential reputational sanctions.
What deters corporate...
Regulatory capture is hard to pin down, its elusiveness stemming from four principal factors.
Nearly everyone sees regulatory capture – and rightly disdains it. And...
“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...