scripod.com
Summer School 4: Who are all these regulations protecting?

Overview

Shownote

Highlights

Transcript

Chapters

Pins

Summer School 4: Who are all these regulations protecting?

Planet Money

2025/07/30
Planet Money

Planet Money

2025/07/30
OverviewShownoteHighlightsTranscriptChaptersPins

Shownote

LIVE SHOW: August 18th in Brooklyn. Tickets here. There are occasional incentives in business that make it very profitable to do bad things; maybe cheat at the game and steal other people's ideas, or cut some corners on safety. In theory, the government a...

Highlights

In this episode, we explore the complex role of government in shaping markets and protecting public interests. From the balance of innovation and regulation to the unintended consequences of licensing laws, the discussion delves into how rules can both empower and restrict individuals and industries.
09:06
Gene Gagliardi's patented meat process led to KFC's popcorn chicken
14:06
Patents can both promote and hinder innovation, shaping economic growth and intellectual property rights.
20:32
Justina Clayton closed her hair braiding business due to Utah's licensing requirements
26:07
Licensing in hair-braiding benefits a small group at the expense of potential workers like Justina Clayton.
31:38
Regulatory capture can distort the purpose of regulation and favor special interests

Chapters

How Government Shapes the Game of Innovation
00:00
Patents: Gateways to Success or Barriers to Progress?
11:38
When Rules Protect and When They Exclude
17:16
The Hidden Cost of Licensing Laws
26:07
The Double-Edged Sword of Regulation
31:38

Transcript

Joanne-Ricard Uget: This message comes from NPR sponsor, Capella University. With Capella's FlexPath learning format, you can set your own deadlines and learn on your schedule. A different future is closer than you think with Capella University. Learn more...