Economic term is regulatory capture: https://en.wikipedia.org/wiki/Regulatory_ca... | Hacker News

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		nikcub on Aug 30, 2014 \| parent \| context \| favorite \| on: Leading Anti-Marijuana Academics Are Paid by Paink... Economic term is regulatory capture: https://en.wikipedia.org/wiki/Regulatory_capture relevant Onion from this week: http://www.theonion.com/articles/elderly-lobbyist-always-dro...

tshaddox on Aug 30, 2014 [–]

Regulatory capture is one of the results. The primary economic mechanic that causes this is special interests vs. dispersed interests: https://en.wikipedia.org/wiki/Public_choice#Special_interest...

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