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An Economistโ€™s Touch: Josh Wrightโ€™s FTC Legacy

The FTC was the brain child of Progressive Era technocrats who believed that markets could be made to run more effectively if distinguished experts in industry and economics were just put in charge. Alas, as former FTC Chair Bill Kovacic has chronicled, over the Commission’s first century precious few of the Commissioners have been distinguished ... An Economistโ€™s Touch: Josh Wrightโ€™s FTC Legacy

Commissioner Joshua Wright: Colleague, Gentleman, Scholar, Public Servant

I join all the others in congratulating Professor Wright on his accomplishments at the FTC. As both an academic and government official myself, I’ve long benefited from Dr. Wright’s work in academia and in government. I’ve also greatly enjoyed a ring-side view of the his upbeat and thoughtful manner for constructively engaging the diverse perspectives ... Commissioner Joshua Wright: Colleague, Gentleman, Scholar, Public Servant

The Legacy of Joshua Wright

When a presidential appointee leaves office, it is quite common to consider the person’s legacy to their department or agency. We are delighted to participate in this symposium and to reflect on the contributions of our friend, Commissioner Joshua Wright, to the Federal Trade Commission. To be sure, Commissioner Wright’s time at the FTC has ... The Legacy of Joshua Wright

Joshua Wright: Embodying the Spirit of Bipartisanship

There’s an old saying, “It’s better to light a single bipartisan candle than to curse the darkness caused by your opponents.” This might not be the way most people articulate this proverb, but in Washington D. C. anyone who, like Commissioner Joshua Wright, puts so much effort into finding, developing, and promoting bipartisan agreement is ... Joshua Wright: Embodying the Spirit of Bipartisanship

Josh Wright, Commissioner-Provocateur

Much ink will be spilled at this site lauding Commissioner Joshua (Josh) Wright’s many contributions to the Federal Trade Commission (FTC), and justly so. I will focus narrowly on Josh Wright as a law and economics “provocateur,” who used his writings and speeches to “stir the pot” and subject the FTC’s actions to a law ... Josh Wright, Commissioner-Provocateur

Ajit Pai on Joshua Wright

I was saddened to learn that Commissioner Joshua Wright is resigning from the Federal Trade Commission. Commissioner Wright leaves the agency with a tremendous legacy. He brought to the FTC’s decision-making groundbreaking economic analysis, such as his opinion in Ardagh/St. Gobain that the government should evaluate possible merger efficiencies under a standard of proof similar ... Ajit Pai on Joshua Wright

Keith Hylton on Joshua Wright

When I first heard that Josh had resigned from the FTC, I wondered if the news would cause a stock market sell-off. I checked later that day, and the Dow closed slightly up, plus .39 percent. This suggests several possible explanations. One is that the stock market had already priced in Josh’s departure. Another is ... Keith Hylton on Joshua Wright

Thomas Hazlett on Joshua Wright

Josh Wright is a tour de force. He has broken the mold for a Washington regulator — and created a new one. As a scholar, he carefully crafts his analyses of public policy. As a strategic thinker, he tackles the issues that redound to the greatest social benefit. And as a champion of competitive markets, ... Thomas Hazlett on Joshua Wright

A Tribute to Joshua Wright

by Richard A. Epstein, Laurence A. Tisch Professor of Law, NYU School of Law A recent story in the Wall Street Journal described Josh Wright as the “FTC’s most conservative commissioner.” It is a sign of today’s politicized environment that this label is used as a substitute for serious substantive analysis of the particular positions that Wright ... A Tribute to Joshua Wright

Symposium

Symposium Honoring the Honorable Joshua Wright

Truth on the Market co-founder Josh Wright’s term as a commissioner of the Federal Trade Commission *FTC) ended Aug. 24, 2015. Truth on the Market hosted a symposium —  a collection of commentaries and contributions — honoring Josh’s tenure at the FTC. We invited contributions from a range of luminaries, including academics, practitioners, former FTC ... Symposium Honoring the Honorable Joshua Wright

The D.C. Circuit Subjects USDA Pork Barrel Politics to Scrutiny โ€“ Will the Lower Court Bring Home the โ€œEconomic Libertiesโ€ Bacon?

Recently, I discussed at this site the Supreme Court’s imposition of takings liability on the U.S. Department of Agriculture (“USDA”), because USDA fined a small raisin grower for refusing to cooperate with the California Raisins Marketing Order – which, stripped of the fancy verbiage, is little more than a government-supervised output limitation cartel.  The California ... The D.C. Circuit Subjects USDA Pork Barrel Politics to Scrutiny โ€“ Will the Lower Court Bring Home the โ€œEconomic Libertiesโ€ Bacon?

The Federal Circuit Misapplies Chevron Deference (and Risks a Future โ€œSupreme Scoldingโ€) in Suprema Inc. v. ITC

On August 10, in Suprema, Inc. v. ITC, the en banc Federal Circuit granted Chevron deference to a U.S. International Trade Commission (“ITC”) statutory interpretation in holding that goods that do not directly infringe a U.S. patent at the time they are imported nevertheless may be excluded from entry by the ITC if they are ... The Federal Circuit Misapplies Chevron Deference (and Risks a Future โ€œSupreme Scoldingโ€) in Suprema Inc. v. ITC