dc – blog

"If You Are Looking For A Sign This Is It"

On inauguration day in DC, the souvenir business was slow. I asked a vendor wearing a huge Bob Marley hoodie while hawking Trump hats and scarves and keychains whether he might not have had better luck selling Obama gear, and he shrugged. “It’s too late.”

The Regulatory Capture of the Press

There is a phenomenon called “regulatory capture” that describes how government regulators come to be controlled by those that they are meant to regulate. The same idea applies to the press. And it’s easy to see in action.