Institutional Corruption? The revolving door in American and British Politics

The SMF invites you to the first of a new series of events we are running in association with the University of Warwick’s Centre for Competitive Advantage in the Global Economy, CAGE.

Dr Mirko Draca, University of Warwick

Date and time:
Thursday 23 October, 08:30-10:00
Light refreshments will be served

Social Market Foundation
11 Tufton Street, London, SW1P 3QB – Map

We will be hosting a breakfast discussion to launch the new briefing paper by CAGE academic, Dr Mirko Draca, ‘Institutional Corruption? The revolving door in American and British Politics’.

Dr Draca investigates the extent to which political decision making in the US and UK is affected by ‘institutional corruption’. He uses this term to describe the process by which a bad set of incentives (‘political money’) collides with our institutions to produce outcomes that favour special interests over public welfare. Empirical modelling of the US lobbying industry demonstrates a ‘revolving door’ in Washington and raises concerns about the efficacy of new legislation here in the UK.

We hope you will be able to join us for what will no doubt be a lively discussion of Dr Draca’s findings.