Not only did Hilliary Clinton get a book advance which is probably ten times what its sales will justify, she's also asking more than $2000 a person to get prime seats on her book tour. Sorry, but I can't see this as free markets, unless one expands that definition to "delayed payment for services rendered."
How to fix it? Apart from decreeing that a politician shall be forbidden from receiving any payment for life from anyone whose business was impacted by that politician's decisions--a legal morass by any definition of the word--you can't. What you can do, however, is reduce the amount of government funding and power so that the pool of bidders ("johns") for politicians' services becomes smaller.
Podcast #1,117: How Constraints Help You Focus, Create, and Finish
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Back in 2019, David Epstein joined me to talk about his book Range and
why generalists often thrive in a specialized world. Now he’s back with a
new bo...
5 hours ago