The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (40297)	7/23/2011 2:17:38 AM
From: marcher	Read Replies (2) of 71475

stigler got the noble in econ for the answer...regulatory capture: "...Stigler is best known for developing the Economic Theory of Regulation, also known as capture, which says that interest groups and other political participants will use the regulatory and coercive powers of government to shape laws and regulations in a way that is beneficial to them. This theory is a component of the public choice field of economics..." en.wikipedia.org

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