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Regulatory Capture/Agency Capture is a real problem. On the one hand, it's often the case that people with deep ties to a regulated industry are the ones who un
by ahoy 9y ago
Regulatory Capture/Agency Capture is a real problem. On the one hand, it's often the case that people with deep ties to a regulated industry are the ones who understand it best. On the other hand, they're the people most likely to financially benefit from poor regulatory practices.
- JumpCrisscross 9y agoWhich is why corporate Boards and regulatory commissions should have a mix of insiders and outsiders.