You should be aware that economic regulation by the federal government is way off its peak (which was the various New Deal agencies), despite (and in some cases

You should be aware that economic regulation by the federal government is way off its peak (which was the various New Deal agencies), despite (and in some cases because of) the existence of government and academic economists. Government prohibition of corporate mergers, for example, has reduced to nearly zero partly due to the influence of academics suggesting the consumer disbenefits of monopoly are lower than thought when the antitrust laws were first enacted.