Blog
This week in ridiculous regulations: government space innovation and pear marketing
Regulators had another busy week leading up to the likely Congressional Review Act deadline. Agencies issued new regulations ranging from bird harvests to partially hydrogenated…
Blog
Fed flirts with stimulus
As expected, the Federal Reserve signaled its commitment to fighting inflation by holding interest rates steady at this week’s Federal Open Market Committee meeting. It…
Blog
This week in ridiculous regulations: airline fees and greenhouse gas reporting
The Federal Register grew at nearly triple its usual pace last week. It is on pace for its first-ever 100,000-page year. GDP growth slowed to…
Blog
Weak GDP is first stress test for inflation fighters
I have been saying for a while that inflation expectations will remain high until policymakers prove they can restrain their stimulus spending during an economic…
Blog
This week in ridiculous regulations: service lamps and summer meals
Congress debated aid bills to Ukraine and Israel. Donald Trump’s hush money trial began. Agencies issued new regulations ranging from incinerator permits to effluent analysis.
Blog
This week in ridiculous regulations: train crews and airport concessions
Our colleague R.J. Smith passed away. R.J. coined the term “free-market environmentalism,” ran CEI’s private conservation efforts for many years, and was a valued…
The Center Square
FACT CHECK: Biden touts inflation has “fallen”
CEI’s Ryan Young is cited in The Center Square on a Biden fact check: Ryan Young, senior economist at the Competitive Enterprise Institute, called…
Reason
Inflation Is So Back
CEI’s Ryan Young is cited on Reason about rising inflation: “If the Federal Reserve was thinking of cutting interest rates at its next meeting…
News Release
Inflation still too high to lower interest rates: CEI analysis
The Consumer Price Index report for March again read 0.4 percent, though the 12-month rate is now up to 3.5 percent. CEI senior economist…
Blog
This week in ridiculous regulations: energy labeling and wheel weights
Japanese Prime Minister Fumio Kishida is set to visit President Biden this week. The moon may get assigned a time zone. Agencies issued new regulations…
News Release
Economy adds 303,000 jobs in March, unemployment stays stable: CEI analysis
The Labor Department’s March jobs report show 303,000 jobs were added last month, with unemployment staying steady at 3.8 percent. Employers show that they…
Daily Caller
Here’s Why It Could Take Longer To Rebuild The Baltimore Bridge Than The Whole Transcontinental Railroad
CEI’s Ryan Young is cited in Daily Caller about the length of time it is going to take to rebuild the Balitmore bridge: “If…
Blog
This week in ridiculous regulations: Trademark fees and threatened sloths
A cargo ship struck and collapsed the Francis Scott Key Bridge in Baltimore. The psychologist and economist Daniel Kahneman died at age 90.
Blog
Climate change doesn’t cause inflation.
A new study in Nature from two scientists and two European Central Bank officials argues that climate change could cause inflation. A Daily Caller…
Blog
This week in ridiculous regulations: NASA penalties and emergency alerts
The 2024 Federal Register topped 20,000 pages. The Justice Department sued Apple for having an iPhone monopoly. Russia held an election-themed event where Vladimir Putin…
The National Desk
Federal Reserve keeps waiting for more data before cutting interest rates
CEI’s Ryan Young is cited on The National Desk about Federal Reserve interest rates: “The Fed has done just about all that it can…
News Release
Fed ignores congressional pressure and keeps interest rates steady: CEI analysis
On Wednesday, the Federal Reserve announced that it will keep interest rates steady in a continued effort to fight off inflation. CEI senior economist…
Blog
This week in ridiculous regulations: Space innovation and mariner credentials
The House passed a bill to ban TikTok that could easily be repurposed for other companies. It now moves to the Senate. Agencies issued new…
Blog
The FTC, the Kroger-Albertsons merger, and the relevant market fallacy
Over at National Review’s Capital Matters site, Alex Reinauer and I look at the FTC’s word games in its case against the proposed Kroger-Albertsons…
National Review
SNAP Back to Reality: Why the FTC Needs a Broader View of the Kroger-Albertsons Case
The FTC’s court losses under Lina Khan’s leadership have a common theme: word games. In nearly every antitrust case it brings, the agency defines relevant markets…
News Release
Inflation numbers more nuanced than they seem: CEI analysis
The Consumer Price Index numbers released today for February 2024 shows inflation increased to 0.4 percent, up from 0.3 percent in January. CEI senior…
Blog
February inflation stays high, fiscal credibility remains a problem
Headline CPI inflation numbers sped up in February. Monthly inflation increased 0.3 percent in January, and 0.4 percent in February. Year-to-year inflation is 3.2…
Blog
This week in ridiculous regulations: Taconite and lab fees
President Biden delivered his State of the Union address. Super Tuesday primaries all but settled this year’s presidential combatants. The FTC has a full slate…
News Release
275,000 jobs added in February, employers watching economy and new labor rules: CEI analysis
The economy added 275,000 jobs in February, but the overall unemployment rate is higher than this time last year, sitting at 3.9 percent compared…
Washington Examiner
State of the Union 2024: Biden plays up ‘shrinkflation’ — what to know
CEI’s Ryan Young is cited in the Washington Examiner on current shrinkflation: “Shrinkflation is real, but it’s not a partisan issue. Shrinkflation is part…
Blog
This week in ridiculous regulations: Seabird mitigation and nuclear locations
CEI is hosting a hill event on March 5 about reforming administrative law courts. Politicians got upset about Wendy’s menus. GDP growth was…
News Release
Economy in a healthy spot for further growth: CEI analysis
Today’s GDP numbers for the fourth quarter of 2023 showed economic growth stood at 3.2 percent, a slight downward trend compared to the third…
News Release
FTC suit to stop Krogers-Albertsons Merger would harm consumers
The Federal Trade Commission (FTC) today sued to stop the proposed merger between grocers Kroger and Albertsons. The FTC claims the merger would lead…
Blog
This week in ridiculous regulations: Space debris and dried prunes
The privately-built Odysseus spacecraft became the first American moon lander since 1972. President Biden announced new Russian sanctions in response to opposition leader Aleksey Navalny’s…
Blog
New student loan proposal is regressive, politicized, and won’t stop rising prices
President Biden this week unveiled a new student debt relief proposal. It would cancel student debt for up to 153,000 people who incurred $12,000…
Blog
This week in ridiculous regulations: Cooking energy and steel plants
Blog
Time to simplify trade agreements
Over at National Review’s Capital Matters site, Kent Lassman and I make the case that trade agreements should stick to trade. We also argue…
American Radio Journal
Ryan Young on Persistent Inflation
Washington Examiner
White House pushes ‘shrinkflation’ messaging to assign blame to corporations
CEI’s Ryan Young is cited on the Washington Examiner: “Shrinkflation is real, but it’s not a partisan issue. Shrinkflation is part of the great COVID…
Blog
Adam Smith, national ruin, and human progress
During the American Revolution, British Member of Parliament John Sinclair wrote a letter to Adam Smith. He was worried about how badly the war was…
Blog
This week in ridiculous regulations: Horseracing and postal products
The Supreme Court heard a case about whether Donald Trump should be disqualified from holding public office under the Fourteenth Amendment. A lawyer’s memo called…
Sound Cloud
Young Could A Trade Agreement Between Switzerland And The US Make Other Trade Agreements Easier
CEI’s Ryan Young is cited as a special guest on the Lars Larson Show discussing international trade: Listen to the recording on Sound…
Blog
New CEI paper: Toward a US-Swiss Free Trade Agreement
Free Trade Agreements (FTAs) have gotten so large and unwieldy that they are almost impossible to pass. The result is lost economic opportunities for America…
Blog
Trump proposes 60 percent China tariff
Donald Trump recently pledged to enact a 60 percent tariff against China if he becomes president again. His latest comments indicate, “Maybe it’s going…
Study
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…
News Release
House Oversight and Accountability Committee advances pro-transparency ALERT Act
The House Oversight and Accountability Committee today advanced H.R. 262, the All Economic Regulations are Transparent (ALERT) Act sponsored by Rep. Bob Good (R-VA).
NewsTalk STL
Ryan Young on December inflation numbers heading into 2024
CEI’s Ryan Young was welcomed as a guest on NewsTalk STL regarding economy, jobs, interest rates & unemployment:…
Blog
This week in ridiculous regulations: Energy labels and human food guidance
The Federal Reserve kept interest rates steady. Employment grew by 353,000 workers in January. The Energy Department partially backed off its proposed…
Blog
The good and bad of Nippon Steel deal
There is good and bad in everything. This includes Nippon Steel’s planned buyup of US Steel, which politicians from both parties are criticizing. The good…
News Release
U.S. economy adds 353,000 jobs in January, employers eager to hire new workers: CEI analysis
In the first month of 2024, the U.S. economy added 353,000 jobs and the unemployment rate remained steady at 3.7 percent. Employers are ready…
News Release
Interest rates to hold steady for now: CEI analysis
The Federal Reserve held interest rates steady at its most recent meeting, as expected. The speculation is now about when it will begin cutting…
Blog
This week in ridiculous regulations: Burning trash and methane emissions
GDP grew at a healthy 3.3 percent in the fourth quarter of 2023. Regulators blocked an airline merger, and a carbon tariff moved…
News Release
Strong Growth Report Will Allow Federal Reserve to Stay the Course on Fighting Inflation
The Department of Commerce’s Bureau of Economic Analysis released a report today showing the U.S. economy grew by 2.5 percent in 2023. Gross domestic…
Blog
This week in ridiculous regulations: address labels and consumer reviews
Yet another federal shutdown crisis was averted, this time until March. The Senate Environment and Public Works Committee marked up the PROVE It Act,…
Blog
This week in ridiculous regulations: Independent contractors and emergency haddock action
Happy MLK-government snow shutdown days, everyone. There was more shutdown drama last week. The US launched strikes against the Houthis, one of three factions trying…
News Release
More to inflation story than meets the eye: CEI analysis
According to the Consumer Price Index, December saw inflation rise to 3.4 percent, up 0.3 percent from the month prior. Despite this, inflation numbers…
Blog
This week in ridiculous regulations: Auto dealers and automated tariffs
The first week of the new year’s regulations is in the books. Agencies issued new regulations ranging from junk fees to cable tv competition. On…
News Release
216,000 jobs added in December, employers looking ahead to 2024: CEI Analysis
The U.S. economy added 216,000 jobs in December, slightly less than the year’s average gains. CEI experts explain why the labor market is in…
Daily Caller
Biden’s Student Loan Cancellation Dreams Are A Nightmare For Average Americans, Experts Say
CEI’s Ryan Young is cited in the Daily Caller on student loan cancellation: “Parents are already willing to save and sacrifice in order to afford…
Blog
This week in ridiculous regulations: 2023 year-end special
The tentative final numbers for new regulations for 2023 are in: The final four-day week of 2023 was relatively slow: 60 final regulations, 34 proposed…
Blog
This week in ridiculous regulations: Oxides of nitrogen and approaching of whales
Congress has adjourned until January, so the Republic is safe until then. The Fourteenth Amendment suddenly became a factor in the presidential race. Meanwhile,…
Blog
This week in ridiculous regulations: Baby formula waivers and phonorecords
The 2023 Federal Register became the second-largest ever, dating back to 1936. A new CEI study makes the case for reforming administrative law…
National Review
Challenging the Excessive Powers of an Administrative Law Court
At least one form of government abuse might end soon. The U.S. Supreme Court heard oral arguments this term for Securities and Exchange Commission v. Jarkesy, which …
Yale Journal on Regulation
CEI Report on Agency Adjudication Reform
CEI’s Ryan Young and Stone Washington were cited in Yale Journal on Regulation in relation to a new CEI Report on Agency Adjudication Reform: Today,…
Blog
America’s unfair second court system
Stone Washington and I have a paper out today on reforming administrative law courts, or ALCs. We also summarize our findings over at National…
News Release
Administrative Law Courts Are Unfair and Need Reform
A new Competitive Enterprise Institute report delves into a court system that most people are unaware exists – administrative law courts, or ALCs. In addition…
Study
Conflict of Justice
Introduction Imagine that a federal agency has charged you with violating a law or regulation, and you have to defend yourself in court. But you…
Blog
Federal Reserve to cut interest rates next year?
As expected, the Federal Reserve kept the federal funds rate the same this week, which influences other interest rates, including car and mortgage payments. The…
Blog
Inflation holds steady, Fed interest rates likely to stay put
The Consumer Price Index went up 0.1 percent in the month of November. Its 12-month increase is 3.1 percent, same as last month’s report.
Blog
This week in ridiculous regulations: Address labels and exporting missiles
The FDA approved the world’s first gene-editing therapy, which could cure sickle cell disease. The unemployment rate fell to 3.7 percent. Meanwhile, agencies issued…
News Release
Economy adds 199,000 jobs in November: CEI analysis
The U.S. economy added 199,000 jobs in the month of November, according to newly released government data. It’s a tightening labor market, with rising…
Daily Caller
Here’s Where Americans Are Feeling The Greatest Pain Under Biden’s Economy
CEI’s Ryan Young cited in the Daily Caller on economic conditions: “When some goods are hurt worse than others, the causes are not inflation,”…
Blog
Inflation makes regulations even more expensive
The just-released 2023 edition of Wayne Crews’ Ten Thousand Commandments report estimates that the total cost of complying with all federal regulations is $1.94…
Blog
Ten Thousand Commandments 2023 is out now
The 2023 edition of CEI’s flagship annual study, Wayne Crews’s Ten Thousand Commandments, is out now. For those not familiar, 10KC gives a big-picture…
Blog
This week in ridiculous regulations: Slender salamanders and joint employers
Israel and Hamas agreed to a temporary cease-fire. OpenAI’s board of directors fired CEO Sam Altman, then re-hired him and fired themselves. President Joe Biden…
Blog
This week in ridiculous regulations: California raisins and debit card fees
There was a pro-Israel and anti-Hamas rally on the National Mall of more than 200,000 people. A fight nearly broke out at a Senate hearing.
News Release
Good News on Inflation during October, but It’s Still Too High: CEI Analysis
The consumer price index did not increase from September to October, according to newly released government numbers. But because core CPI is still higher…
Blog
This week in ridiculous regulations: Junk fees and dehumidifiers
It was a four-day week due to Veterans Day. Another government shutdown deadline is less than a week away. The FTC issued a proposed rule…
Blog
This week in ridiculous regulations: Gas cans and shorts reporting
President Biden issued an Executive Order on AI regulation. The Federal Reserve held interest rates steady. Jobs growth slowed, but still grew.
Blog
Is the Fed done with interest rate hikes?
The Federal Reserve’s Open Market Committee held the federal funds rate steady this week at its most recent meeting, as expected. It will range…
News Release
Economy added 150,000 jobs in October, fewer than average months: CEI analysis
The U.S. economy added 150,000 jobs in the month of October, fewer than in average months, according to government data released today. That suggests…
Blog
H.L. Mencken channels Adam Smith
Over at Liberty Fund’s AdamSmithWorks website, I have an article drawing a parallel between Adam Smith’s moral philosophy and H.L. Mencken’s satire:…
Blog
This week in ridiculous regulations: Joint employers and almond taxes
GDP grew 4.9 percent in the third quarter of 2023. Mike Johnson became Speaker of the House. Agencies issued new regulations ranging from Kraft…
News Release
Big Economic Growth for Third Quarter of 2023, Taming Inflation Didn’t Cause Recession: CEI Analysis
CEI Senior Economist Ryan Young pointed to new data on the economy’s impressive growth in the third quarter of 2023 as evidence that the…
National Review
The FTC Is Now Trying to Stop Mergers Before They Start
Lina Khan’s antitrust crusade is not confined to the courts. The Federal Trade Commission (FTC) chair has turned her attention to a nearly 50-year-old law about…
Washington Times
Industry reports see ‘Spookflation’ as Halloween demand meets rising prices
Blog
Stopping mergers before they start
If two companies above a certain size want to merge, antitrust regulators have to approve the deal first. The FTC recently published draft guidelines for…
Blog
This week in ridiculous regulations: Blood donations to mortality tables
Poland voted its nationalist-populist government out of power. The US House of Representatives remained without a speaker, but with a lot of drama. Agencies issued…
Blog
This week in ridiculous regulations: Junk fees and pool pumps
Hamas attacked Israel, and another tragedy is unfolding in the Middle East. Claudia Goldin won the economics Nobel for her work on women in…
News Release
Inflation still too high as of September: CEI analysis
The federal government today released an update on inflation for the month of September, a rise of 0.4 percent in September compared to a 0.6…
News Release
Economy adds 336k jobs in September, with implications for unions, job-seekers, and Fed interest rate decisions: CEI analysis
The economy added 336,000 jobs in the month of September, according to just-released government numbers. CEI experts expect this means opportunities for labor unions,…
Blog
This week in ridiculous regulations: Improper CHIPS funding to pool motors
The FTC filed an antitrust lawsuit against Amazon. Sen. Dianne Feinstein passed away. The federal government almost partially shut down. Agencies issued new regulations…
Blog
Barbie, lemons, and economics
Wayne Crews and I have a fun piece up at RealClearMarkets that ties together the Barbie movie, the vintage toy market, and Nobel economist…
Real Clear Markets
Barbie, Hot Wheels, and the Market for Lemons
The Barbie movie is more than a bit of good fun. It also teaches an economics lesson about lemons—the old slang term for defective goods, not the…
Washington Examiner
Europe strikes back with chip subsidies to counter US and China
CEI’s Ryan Young is cited on Washington Examiner about chip subsidies: “I don’t think the U.S. has much to worry about involving [the European Chips…
Reason Magazine
FTC Files Antitrust Lawsuit Against Amazon
CEI’s Ryan Young is cited on Reason Magazine following the FTC’s lawsuit against Amazon: Ryan Young, senior economist for the Competitive Enterprise Institute, said in…
Blog
Federal agency closes! British embassy celebrates!
Nobody knows how many federal agencies there are, but the number just went down by one. The Board of Tea Experts is shutting down…
News Release
FTC antitrust lawsuit against Amazon risks harming American consumers
The Federal Trade Commission (FTC) and 17 states filed a lawsuit today in federal court alleging antitrust violations by Amazon. The lawsuit seeks the…
Comment
Comments of the Competitive Enterprise Institute
September 26, 2023 RE: Premerger Notification; Reporting and Waiting Period Requirements Docket ID No.: FTC-2023-0040-0001 On behalf of the Competitive Enterprise Institute (CEI), we respectfully…
Blog
This Week in Ridiculous Regulations: Tea Experts and Coin Batteries
Ukrainian President Volodymyr Zelenskyy visited America. The federal government is a week away from a potential partial shutdown. Sen. Bob Menendez was…
News Release
Fed keeps interest rates the same but Washington politicians remain a threat: CEI analysis
As expected, the Federal Reserve today left interest rates unchanged at its Open Market Committee meeting today. CEI Senior Economist Ryan Young warns the…
Blog
This week in ridiculous regulations: milk losses and duck vehicles
Google’s antitrust trial started, and the Justice Department cited Russian antitrust actions to back up its case. The latest inflation numbers were a…
Blog
August CPI: Rising energy prices hide underlying inflation progress
This month’s Consumer Price Index (CPI) is a jumble of numbers that look like they contradict each other. But they make sense on closer…
Blog
This week in ridiculous regulations: crash test dummies and potato promotion
Congress returned from its August recess. It was a four-day week for the Federal Register due to Labor Day, but the Federal Register still grew…
Blog
Politicians take too much credit for good news
Over Labor Day weekend, Inside Sources syndicated an op-ed of mine arguing that politicians do not deserve credit for the economy’s post-COVID recovery. They…