Patrick Byrne @PatrickByrne
@conspiracymill @EvolveQuickly "Dispersed costs, concentrated benefits" is the expression for it (cf. public choice economics). Gov (reps, Senate, SEC etc.) act to create a small cost for each of many millions of people, and a big gain for a few. Those few share the gain, buy gov agents off. System ratchets. — PolitiTweet.org