> > "Whenever a government creates a body to regulate a trade
> for the benefit
> > of the people, the trade gains control of the body for the
> benefit of the
> > trade at the expense of the people."
> >
Sorry for no help in the particular, but I remember a paper I
wrote 20 years ago making th
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 tha
> What is paranoia? The typical example is the leftist who believes
> that the FBI is out to get them, or is behind every wrong in the world.
> Fabio
The former is paranoia; the latter is not. The latter is a conspiracy
proposition.
> Unusual beliefs are "paranoid" if they do not permit an indi
Posner's article on economic regulation distinguished it from social regulation,
which is still a separate and largely unexplained phenomenon.
See Jonathan Wiener "On the Political Economy of Global Environmental
Regulation", Georgetown Law Journal, Vol. 87, #3 (February 1999).
Alex Tabarrok wr
"Giving money and power to government is like giving whiskey and car keys
to
teenage boys."
PJO, "Parliament of Whores"
Most economists and political scientists who talk about "culture" annoy
me by lumping together two different things. The first is "political
culture" - cultural attitudes about which government policies are good,
efficient, etc. The second is "personal culture" - cultural attitudes
about work
I remember seeing the quote recently, just don't remember where. I'm tempted to think
H.L. Mencken for some reason, though. Also just reread "Crisis and Leviathan" and
suspect it might be from there if it's not Mencken.
Daniel L. Lurker
"Actual happiness always looks pretty squalid in compar
Fabio:
>> What is paranoia? The typical example is the leftist
>> who believes that the FBI is out to get them, or is
>> behind every wrong in the world.
Fred Foldvary wrote:
> The former is paranoia; the latter is not.
Because it's true?
> The latter is a conspiracy proposition.
Oops. ;P
Paran
> Now Pete Boettke asked me if there are any peoples with the opposite
> combination: bad personal culture, good political culture. The best
> Prof. Bryan Caplan
Note that insistence on free markets, limited gov't, democracy, etc. is a
pretty recent phenomena - so one
Both Gabriel Kolko, in The Truimph of Conservatism and Railroad and
Regulation, and Milton Friedman, in Capitalism and Freedom and Free to Choose, talk
about the phenomenon of the regulated taking over the regulatory agency. Kolko's
an old socialist historian (sometimes labeled "New Left," a la
Actually, these "scientists" are lumping together many more things than
you described, Dr. Caplan. You're too easy on them. Culture includes
every socially transmitted behavior pattern or other memes. To talk
simply about the "culture" of a people (as if they share a hive-mind
over space and tim
> Actually, these "scientists" are lumping together many more things than
> you described, Dr. Caplan. You're too easy on them. Culture includes
> - Z Gochenour
Well, yes and no. Culture is terribly vague, but good researchers will
narrow it down. Bryan seems to clearly focus on attitudes towar
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