2/2: #ClassicRichardAEpstein: Administrative State Blues: 2/2: Our regulatory agencies and their abduction by “interests.” @RichardAEpstein Theory of Regulatory Capture* by the Regulated. Richard A Epstein, Tisch Professor of Law NYU Bedford Senior Fell

Sep 27, 01:08 AM

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2/2: #ClassicRichardAEpstein: Administrative State Blues: 2/2: Our regulatory agencies and their abduction by “interests.”  @RichardAEpstein 
Theory of Regulatory Capture* by the Regulated. Richard A Epstein, Tisch Professor of Law NYU Bedford Senior Fellow; Hoover Institution; senior lecturer, University of Chicago Law School.   @RichardAEpstein (Originally posted August 3, 2021).

https://promarket.org/2021/07/22/george-stigler-theory-economic-regulation-interest-group-politics-industry/

* Regulatory agencies come to be acquired by the interests they regulate and not by the public interest.