The terms of antitrust statutes – monopoly, competition, unfair methods of competition, conspiracy in restraint of trade – are inherently vague and not self-defining. The legislative histories of the Sherman, Clayton, Federal Trade Commission and Celler-Kefauver Acts are riddled with...

At a time when citizens must rely on administration to tackle the urgent threats of global warming, a pandemic, and destabilizing inequality, critics both left and right would tear it down. Libertarian opponents denounce agency discretion as obnoxious to the rule of law and its norms of...