regulatory capture

Is There a Crisis in the Economic Theory of the Firm? Participants at Harvard Business School Conference Agree: Firms Try to Change the Rules...

A novel conference at Harvard Business School brought together top scholars in order to answer the question: Is Milton Friedman’s dictum that firms that...

“What We Have is Capture of the Regulators’ Minds, A Much More Sophisticated Form of Capture Than Putting Money in Their Pockets”

Barry C. Lynn, author and director of New America’s Open Markets program, explains how every major industry and marketplace in America came to be controlled...

“The United States Has Lost the Will and Ability to Prosecute Top Corporate Executives”

Pulitzer-Prize winning journalist Jesse Eisinger speaks about executive impunity and the key to justice in America.   In January, Sen. Elizabeth Warren released a scathing indictment...

The True Price of Media Capture: “We’ll Be Living in a State of Perpetual Shock and Amazement”

Journalist and media critic Dean Starkman, author of The Watchdog That Didn't Bark, speaks about capture in business media and explains how journalists missed the...

“There Is Regulatory Capture, But It Is By No Means Complete”

Kenneth J. Arrow, one of the most influential economists of the 20th century, reflects on the benefits of a single payer health care system,...

From Mancur Olson to Bernie Sanders

Professor George Stigler, the Nobel Laureate (1982) who in some ways invented the idea of “regulatory capture,” and Professor Mancur Olson, who developed some...

"Capture is Everywhere – It Happens at the Highest Levels of Our Democracy"

Armed with research on drug patents and a spate of internal emails from the United States Patent and Trademark Office, hedge fund manager Kyle...

Study: Politically Connected Private Equity Firms Hire More, Fire Less in Order to Help Incumbent Politicians

Private equity firms are not often associated with job gains. A new paper by Mara Faccio and Scott Hsu reveals the political dynamics that lead...

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