Rethinking Federal Agencies and Antitrust Enforcement

This chapter critiques the necessity of the Federal Trade Commission (FTC) and other federal agencies, arguing that monopolies stem more from government actions than from market failures. It discusses the inefficiencies of agencies like the IRS and FCC, advocating for significant downsizing and reform to enhance economic growth. The chapter also addresses the complexities of the federal budget, particularly concerning military spending and the challenges posed by the current budgeting process.