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paimapi • today at 3:06 PM • 1 reply • view on HN

there's also regulatory capture where regulators get hired by these companies for six-to-seven figure jobs once they're out

https://insights.som.yale.edu/insights/us-government-regulat...


Replies

wins32767 • today at 3:55 PM

That's not an inherently bad practice. I'd much rather there be two way flow between industry and government than have people who have never tried to run a business doing regulation or those who have never worked in government trying to comply with regulations. Strong ethics rules and culture is the way you manage the downside, not bans.

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