Regulations Gone Wrong

Aaron and Trevor talk with Peter Van Doren about regulatory failure in markets, specifically phone service, banking, electricity, internet, and health care. Van Doren shows how regulation in these markets works as a hidden tax by cross-subsidizing competing services and distorting real prices.Who loses when regulations have unexpected consequences: the companies or the consumers the regulations are meant to protect? Hosted on Acast. See acast.com/privacy for more information.