The political process is unlikely to favor waivers because they remove the politician's ability to take credit and identify beneficiaries; the source of optimism is that educating people about how the regulatory 'sausage factory' works will encourage them to push representatives toward more creativity, competition, and less command-and-control.

normativepending

Speaker

Russ Roberts

Evidence Quote

my my source for optimism is always the idea that that if we could get people to be more aware of how the Sausage Factory Works maybe we'd be a little more careful about what we put in the Sausage Factory

Source

Bruce Yandle on Bootleggers and BaptistsAnkeborgsAnkdamm
Created: 6/15/2026, 9:20:30 AM

My Notes

Loading notes...