a: Regulatory capture ~
b: conservation of momentum
What:
" When buying and selling is regulated, regulators are the first thing to be bought and sold.
The only way to stop govt from giving money to the politically powerful is to not let govt have money.
Regulatory capture is like conservation of momentum; if the situation satisfies the constraints, the results will happen, no matter how much one might like otherwise, no matter how much better things would be if those results didn't happen."
Useful?
Writer: anamax
LCC:
Where:
Date: Mar 27 2014 10:54 PM
# 5383 Critique Analogy