regulatory capture
How Interest Groups Utilize Reverse Revolving Doors to Influence Legislative Voting
A new study finds that legislators who worked for interest groups before taking office influence the voting behavior of their colleagues when the motion...
Unreliable Accounts: How Regulators Fabricate Conceptual Narratives to Diffuse Criticism
In 2010, as the world was reeling from the global financial crisis, the body that determines generally accepted accounting principles for listed corporations in...
Announcing the Participants in the Fall 2021 Stigler Center Journalists in Residence Program
This month, the Stigler Center will welcome eight world-class journalists from the United Kingdom, Brazil, China, Romania, Ukraine, Slovenia, and the United States for...
“Comments for Sale”: Charitable Donations Can Lead Non-profits to Support Corporate Regulatory Agendas
A new paper shows how financial ties between companies and non-profits can subvert rulemaking process and lead to regulations that favor the interests of...
What’s Behind Amazon’s Demand that FTC Chair Lina Khan Recuse Herself?
Amazon’s attempt to get Khan to recuse herself from any antitrust investigation into the company is not the first time that a company has...
The Metaphysics of Regulatory Capture
Stiglerian capture and corrosive cultural capture, its left-leaning parallel, are ostensibly symbionts, two attempts at identifying impediments to keeping markets competitive by preventing the...
Assessing George Stigler’s Economic Theory of Regulation
Despite its flaws and limitations, Stigler’s seminal article on the theory of economic regulation remains an important piece of scholarship worthy of continued engagement,...
The Many Faces of Stigler’s Theory of Economic Regulation: Interest Group Politics Still Thrives—But Industry Often Comes Second
Stigler treats industry groups as the heavyweights in regulatory contests. But surprisingly often groups of farmers and workers knock them for a loop in...
George Stigler’s Errors and Their Virtues
George Stigler might have been wrong in his essay on economic regulation, but his influence is undeniable. The unity of purpose in his writings...
Harold Demsetz and Israel Kirzner Understood That Competition Regulates Markets
Economists Harold Demsetz and Israel Kirzner challenged the prevailing orthodoxy in microeconomic analysis and public policy beginning with their respective work in the 1960s....
