Status Updates From The Captured Economy: How t...
The Captured Economy: How the Powerful Enrich Themselves, Slow Down Growth, and Increase Inequality by
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Stetson
is 70% done
The occupational license case study highlights that much of the income inequality that serves as grist for left-wing populist rhetoric, if taken seriously, should be directed at doctors, dentists, and lawyers rather than CEOs and billionaires.
Of course, this is inconvenient for the Marxism of those who engage in left-wing populism.
— Oct 06, 2025 01:08PM
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Of course, this is inconvenient for the Marxism of those who engage in left-wing populism.
Stetson
is 40% done
Critique appears somewhat more nuanced than the blaming of typical culprits: neoliberalism, globalism, etc.
They highlight specific policy areas for improvement while just gesturing at the idea that rent seeking is entrenching and stratifying class and crowding out growth: financial misregulation (debt vs equity funding, moral hazard, etc), IP law expansion, occupational licensing, and local zoning restrictions.
— Oct 05, 2025 04:29PM
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They highlight specific policy areas for improvement while just gesturing at the idea that rent seeking is entrenching and stratifying class and crowding out growth: financial misregulation (debt vs equity funding, moral hazard, etc), IP law expansion, occupational licensing, and local zoning restrictions.
