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.
This article will be posted in full nine months after its initial print publication. To read it now, please download the issue via the Independent Review app (available on iOS, Kindle Fire and Android) for $2.99, or buy a print copy of this issue for $12.00.
|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|