rent seeking

Benjamin Egerod explores the information gap that prevents a majority of firms from lobbying. He argues that the lack of lobbying participation from a majority of firms creates a lopsided playing field that gives more power to those that do.

The following is an excerpt from Brody Mullins and Luke Mullins’s book,“The Wolves of K Street: The Secret History of How Big Money Took Over Big Government,” now available from Simon and Schuster.

W.C. Bunting and Tomer Stein investigate the role of amicus curiae process in the development of business law cases at the state level. The findings reveal that the business law amicus curiae process is dominated by lobbying groups, particularly by associations serving big business, and that these "Amicus Lobbying" efforts have a higher success rate compared to non-lobbying groups.

Friedrich Hayek viewed the subject of rent-seeking not from the usual welfare economics perspective, but from a constitutional economics perspective. In a new paper,...

With new limits on platforms taking effect in the EU and U.S. politicians showing greater willingness to defy tech titans, companies would do better...

Do voters still believe that politics can be a source for common-good policies and not just partisan bickering and rent-seeking? With political polarization at...

Trade associations are often the biggest obstacles to competitive markets, especially when those organizations use their influence to change public policy in their favor. Dana...

Threatened by regulated price caps from congress, the pharmaceutical industry spent nearly $390 million on lobbying in 2021 according to new data from OpenSecrets. Healthcare...

When bank employees are afraid of punishment from regulators, they are likely to conceal information about their faulty decisions. This in turn distorts the...

Adapted from What’s the Matter with Delaware: How the First State Has Favored the Rich, Powerful, and Criminal—and How It Costs Us All, published...