The FTC moves toward a command economy

Federal Trade Commission (FTC) Chair Lina Khan released a memo on September 22 outlining her vision and priorities for the agency. The memo provides a roadmap for the agency to play a central role in the Joe Biden administration’s plan to centrally command the American economy, a strategy articulated in his July executive order and reflected in major Democrat-led legislation moving through Congress.

Government-driven economies rarely go very far and often result in greater economic disparities. So expect to see regulations that crush many Americans’ dreams of starting successful businesses, working for world-leading tech companies, or simply using the best tech services the world can offer.

Read Dr. Jamison’s complete blog post at AEI.