It is for good reason that economics is not-so-lovingly referred to as “the dismal science,” because it is so focused on budgeting limited resources. As a result, economists tend to see the world dismally or at least differently. I appreciate those who can make the subject interesting, entertaining, and relevant. Therefore, I highly recommend an economist’s review on that dismal but Oscar-winning movie Dallas Buyers Club.
After watching this short 8-minute movie review, see if you can define the term: Regulatory Capture.