Re: [Pen-l] Martin Wolf on the stress tests and regulatory capture

[Jim Devine <jdevine03@xxxxxxxxx>]

Marv Gandall wrote:
> Wolf's concluding comments are another indication of how regulatory capture,
> once mainly the province of the left, has become a major concern of
> mainstream analysts and big institutional investors.

the "public choice theory" branch of right-wing economics has been
emphasizing regulatory capture for years (and even cite left-winger
Gabriel Kolko's work). For them, it's a reason not to regulate
finance, industry, etc., at all.

-- 
Jim Devine / "If heart-aches were commercials, we'd all be on TV." -- John Prine
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