When Jim Miller, a University of Virginia Ph.D. economist, was head of the FTC during the Reagan administration he tried to put the Bureau of Competition to good use by suing local governments for creating taxicab monopolies with licensing regulation. The federal courts (you know, the ones the Beltway Liberventionsts say “save” us from tyranny) prohibited him from laying a finger on any government-created monopolies (the only real kind, of course).
1:39 pm on July 2, 2008


