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Recent Commentary

Public Choice and Regulation: A View from inside the Federal Trade Commission

by Robert MacKay, James C. Miller IIIvia Books by Hoover Fellows
Thursday, January 1, 1987

Until recently there have been almost no analyses of the Federal Trade Commission (FTC) as a political institution—that is, one driven both by internal incentives and by ties to a larger political body that, in turn, responds to its own political and economic pressures.