regulatory capture
How Do Members of Congress React to the Potential of Lucrative Private Sector Employment?
Many fear that the potential for well-paid post-elective jobs can make legislators give rewards to their future employers. A new study finds that career...
“We Were Naïve,” Says FCC Chair Who Oversaw the Creation of Section 230
In an interview with ProMarket, former FCC chair Reed Hundt spoke about antitrust, Big Tech platforms, the future of the 1996 provision that provided legal protection...
How to Change Section 230 and Make Digital Platforms More Accountable
If elected, former Vice President and current Democratic presidential candidate Joe Biden promised to "revoke immediately" the 1996 provision that gave tech companies like...
Over 60 Leading Finance Economists Ask SEC to Revise the Shareholder Voting Draft Reform
The new regulation that Security and Exchange Commissioners voted in November doesn't fix proxy advisory industry duopoly problems, but it actually makes them worse:...
New Rules on Shareholder Voting Debate: Best Readers' Comment
The draft SEC regulation on shareholder proposal and proxy advisory firms will curb the initiative of individual shareholders to improve corporate governance and transparency...
Bethany McLean’s Weekend Reading List: TikTok Deepfakes, Online Advertising, and the US-China Standoff
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.
"Fiction is the lie through which we...
Why the US Government Buys Overpriced Services From McKinsey
The Industrial Funding Fee pays $3 million a year for a 23-year old McKinsey employee instead of hiring an experienced person directly to do...
The Rise of the Opioids: How Purdue Invented New Markets for OxyContin
Purdue's strategy was to market its opioids directly to patients via brochures, videos, advertisements, and the internet. It also provided information to doctors and...
Who Benefits When State Governments Award Incentives to Politically-Connected Companies?
A new study finds that a company is nearly four times more likely to receive an economic incentive in a state where the company...
Purdue Circumvented the Regulator to Promote OxyContin, Hiding Its Real Risk of Addiction
In 2001, the Food and Drug Administration required Purdue to change OxyContin’s patient package inserts to make addiction risks more evident. The company altered...
