From Real Clear Markets

Do the bureaucrats who run government agencies long to increase their power?  Are they ambitious to extend their reach over private institutions and citizens?  Of course they do and of course they are.

In particular, does the committee of government agency heads known as “eff-sock” (FSOC, or the Financial Stability Oversight Council) have a notable will to power, desire to expand its jurisdiction and bring more companies under its orders?  You bet it does.


Read more

Featured Publications