On reading more about this I was depressed to see very little in the way of proposals to avoid the phenomenon, except (surprise! it's Stigler) don't regulate.

On reading more about this I was depressed to see very little in the way of proposals to avoid the phenomenon, except (surprise! it's Stigler) don't regulate. But I did find some interesting ideas at the end of this paper: http://www.icgg.org/downloads/Boehm%20-%20Regulatory%20Capture%20Revisited.pdf http://www.icgg.org/downloads/Boehm%20-%20Regulatory%20Captu... (pp. 23-24)