The primary focus of the Competitive Enterprise Institute since its founding in 1984 has been to promote deregulation. Government regulation of the economy blocks innovation and wealth creation. It also encourages damaging behavior such as rent-seeking and cronyism. Finally, it crowds out more effective forms of regulation such as market discipline.
The beneficial effects of deregulation were plain in the airline and freight rail industries. Deregulation begun in the Carter administration led to more flights at lower cost and to better rail infrastructure and much lower shipping costs. Yet, since the 1990s, successive administrations of different political stripes have piled on regulations, burdening the economy needlessly. We chart this problem every year in our Ten Thousand Commandments report.
The power of regulators now raises constitutional concerns. Regulators are often unaccountable, and their insulation from the checks and balances of the constitutional system suggests that they may in effect form a fourth branch of government. The use of guidance documents to avoid rulemaking procedures, for instance, can amount to government by decree. Deregulation is therefore essential to restore good constitutional order.
CEI advocates for both overall regulatory reform – changing the ways in which rules are made to make them more transparent and easier to remove – and for specific regulatory changes. Recent successes include recognition of our concerns in Executive Orders promoting deregulation and curtailing the use of guidance, and in the reflection of our comments in rules promulgated by agencies such as the Department of Labor and the Consumer Financial Protection Bureau.
Deregulation Issue Areas
Featured Posts
Allies
Antitrust and the Federal Trade Commission in 2023
Excerpt from Mark Jamison’s piece, Antitrust and the Federal Trade Commission in 2023 in the Washington Examiner. “Generally, Republicans have a limited appetite for…
Study
Terrible Tech Bills from the 117th Congress
Congress is considering an onslaught of legislation targeting the largest tech platforms in the U.S., addressing topics such as mobile apps, advertising, merger review,…
Blog
This Week in Ridiculous Regulations
The big news is that the Food and Drug Administration is poised to follow several other countries’ lead in approving one or more coronavirus vaccines.
Studies
Toward a US-Swiss Trade Agreement
This paper examines the benefits and challenges of a potential free trade agreement (FTA) between the United States and Switzerland. Such an agreement would do…
Don’t Depower Crypto
Introduction In President Biden’s Fiscal Year 2024 budget blueprint,1 the president proposed a new tax aimed at the electricity use caused by cryptocurrency mining. Known…
Ten Thousand Commandments 2023
View Full Report Here Ten Thousand Commandments is the Competitive Enterprise Institute’s annual survey of the size, scope, and cost of federal regulations, and…
Blog
Three strikes against Biden EV tariffs
Over at the syndicate InsideSources, I have an op-ed explaining three problems with President Biden’s new tariffs on $18 billion worth of EVs, solar…
Free the Economy podcast: Liberty movement jobs with Claire Kittle Dixon
In this week’s episode we cover the war on prices, the great un-wokening of corporate America, the attack on credit card…
UAW loses 13,000 members
The United Auto Workers (UAW) lost 13,000 members in the last year, according to filings the union made to the Labor Department. The UAW said…
News
Supreme Court Disappoints on Funding/Powers Question in Ruling in CFPB Case
The Supreme Court today issued a disappointing ruling in CFPB v. Community Financial Services Association of America, a lawsuit challenging the unchecked funding of…
No surprises with April’s inflation report: CEI analysis
Inflation rose 0.3 percent in April compared to 0.4 percent in March. While this wasn’t a surprise for economists, the news indicates a tough…
Biden’s China Tariffs will Undermine American Consumers, Not Alter China’s Policies: CEI Analysis
President Biden announced today he is raising protectionist tariffs on various Chinese imports, like electric vehicles, solar cells, semiconductors, and advanced batteries, ostensibly to fight…
Op-Eds
DC Journal
Three Problems with Biden’s China EV Tariffs
The Biden administration announced it would raise tariffs on Chinese-made steel, aluminum, semiconductors, solar panels, and EVs. This proposal has three major problems. First, tariffs will make…
Forbes
Confronting A Surge In Costly Federal Rules
As of Monday, May 13, there have been 1,148 rules and regulations finalized among the 41,830 pages published to date in the 2024 Federal Register. Page…
Issues & Insights
Want Higher Air Fares? Overregulate Credit Cards
Yesterday, the Consumer Financial Protection Bureau and the Department of Transportation held a joint hearing “investigating” airline and credit card reward programs. The Director and Secretary of…
Staff & Scholars
Kent Lassman
President and CEO
- Capitalism
- Deregulation
- Innovation
Clyde Wayne Crews
Fred L. Smith Fellow in Regulatory Studies
- Business and Government
- Consumer Freedom
- Deregulation
Ryan Young
Senior Economist
- Antitrust
- Business and Government
- Regulatory Reform
Iain Murray
Vice President for Strategy and Senior Fellow
- Banking and Finance
- Trade and International
Dan Greenberg
General Counsel
- CEI Litigation
- Legal Studies
- Property Rights
Devin Watkins
Attorney
- CEI Litigation
- Government Transparency
- Legal Studies
David S. McFadden
Attorney
- Legal
- Legal Studies
Marlo Lewis, Jr.
Senior Fellow
- Climate
- Energy
- Energy and Environment
James Broughel
Senior Fellow
- Deregulation
- Energy and Environment
- Innovation