See Jonathan Wiener "On the Political Economy of Global Environmental Regulation", Georgetown Law Journal, Vol. 87, #3 (February 1999).
Alex Tabarrok wrote:
>
>
>The idea, called "regulatory capture" is associated with George
>Stigler. Posner's paper "Theories of Economic Regulation," Richard
>Posner, Bell Journal of Economics and management science, Vol. 5, No. 2,
>pp.
>335-358, 1974. brought the idea ought very clearly as I recall but I am
>not aware of that quote in either.
>
>Alex
>--
Alexander Tabarrok
Department of Economics, MSN 1D3
George Mason University
Fairfax, VA, 22030
Tel. 703-993-2314Web Page: http://mason.gmu.edu/~atabarro/
and
Director of Research
The Independent Institute
100 Swan Way
Oakland, CA, 94621
Tel. 510-632-1366