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Volume 22  Number 4  •  Spring 2018
All Issues:  

The Rise of the Regulatory State
Institutional Entrepreneurship and the Decline of Markets for Blood
By Diana W. Thomas, Michael D. Thomas
This article appeared in the Spring 2018 issue of The Independent Review

The regulatory state, some writers claim, arose in response to failures of the legal system. In the case of blood markets, however, regulation came about not from public outcry caused by faulty laws and courts, but from lobbying by interest groups who expected special benefits from regulation.

Other Independent Review articles by Diana W. Thomas
    Winter 2011   Bootleggers, Baptists, and Political Entrepreneurs

Other Independent Review articles by Michael D. Thomas
    Spring 2018   Inside Job
    Summer 2014   Sin Taxes and Sindustry

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