2min chapter

Conversations with Tyler cover image

Daniel Carpenter on Smart Regulation

Conversations with Tyler

CHAPTER

Is Your Least Captured Agency a Very New Agency?

In a new book, David Frum argues that the capture theory is too sexi. He says it's hard to prove because you have to know what an agency wouldn't be captured would do in the same situation. Some of the existing astudies suffer from omitted variable bias problems, he adds.

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