Federal Regulatory Agencies—The Need for a Broader Constituency
This morning, Fred Anderson described several assessments of the performance of federal regulatory agencies. He identified one as "pessimistic." That view held that federal agencies would always remain more responsive to money, economic and political power than to the "public interest." With some qualifications, I subscribe to that pessimistic view. My judgment, however, is tempered by sympathy for the plight of the bureaucrat at all levels of government. The problem, as I see it, is that the bureaucrat's constituency is unbalanced.