Attention Economy


Sunday, September 19, 2021

Regulatory Capture - The American Way

How Accounting Giants Craft Favorable Tax Rules from Inside Government
Lawyers from top accounting firms do brief stints in the Treasury Department, with the expectation of big raises when they return.
https://www.nytimes.com/2021/09/19/business/accounting-firms-tax-loopholes-government.html
 
Related:
Regulatory Capture/Economic Theory of Regulation:
https://promarket.org/2021/07/27/assessing-george-stiglers-economic-theory-of-regulation/