Apr 222018
 

Bootleggers and Baptists is a concept put forth by regulatory economist Bruce Yandle,[1] derived from the observation that regulations are supported both by groups that want the ostensible purpose of the regulation, and by groups that profit from undermining that purpose.[2]
— Read on en.m.wikipedia.org/wiki/Bootleggers_and_Baptists

*Concept often brought up in EconTalk podcasts.

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