In a Wall Street Journal op-ed, Howard Beales and Tim Muris review the results of the Federal Trade Commission’s previous efforts (in the 1970s) to reshape the economy through rushed rulemaking; it is a disastrous history that the FTC’s new majority seems determined to repeat.

Beales and Muris’s op-ed is based their new report Back to the Future: How Not to Write a Regulation, published by the American Enterprise Institute, which discusses recent changes in the rulemaking process that enhance political control and reduce public input. Both the op-ed and report are essential reading for understanding why successful rulemaking requires accountability, transparency, and critical evaluation. (You can also catch a conversation on the new report here.)

Note from the Editor: The Federalist Society takes no positions on particular legal and public policy matters. Any expressions of opinion are those of the author. To join the debate, please email us at info@fedsoc.org.