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How A Spectrum Auction Cost Taxpayers Millions
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Content provided by University of Chicago Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by University of Chicago Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
There is an ongoing debate about whether private equity adds value or simply extracts value. In the economic literature, benefits are better documented than extraction for a very simple reason: when value is created everybody is willing to share the data to show it. When value is extracted, much less so. On this episode, Kate and Luigi present an often overlooked story of how a private equity fund made millions through connections, lobbying, and a spectrum auction.
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Manage episode 266612587 series 1885216
Content provided by University of Chicago Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by University of Chicago Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
There is an ongoing debate about whether private equity adds value or simply extracts value. In the economic literature, benefits are better documented than extraction for a very simple reason: when value is created everybody is willing to share the data to show it. When value is extracted, much less so. On this episode, Kate and Luigi present an often overlooked story of how a private equity fund made millions through connections, lobbying, and a spectrum auction.
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Similar to Capitalisn't
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