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Regulatory Capture and Public Choice Theory should be taught in high school. It's counterintuitive on the surface, but makes a lot of sense when you see it in a
by partiallypro 11y ago
Regulatory Capture and Public Choice Theory should be taught in high school. It's counterintuitive on the surface, but makes a lot of sense when you see it in action. Regulations are incredibly hard to remove and very rarely are removed; on any level, state, local or federal. It's much easier to write new regulations and starve your competition.