AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Captured Economy: Examining Policies that Redistribute Wealth
The chapter dives into the concept of the Captured Economy and discusses examples such as finance, licensing, and housing. It examines policies that impede competition and redistribute income and wealth upwards, leading to temporary monopolies and windfall gains for the rich. The chapter emphasizes the negative effects of these policies on economic growth, segregation, and the environment.