Blog
This Week in Ridiculous Regulations
The Washington Nationals made it to the World Series, and the White House canceled some of its newspaper subscriptions. Meanwhile, rulemaking agencies published new regulations…
Blog
This Week in Ridiculous Regulations
Last week’s big stories included a thickening impeachment plot, Energy Secretary Rick Perry’s resignation, and a letter written to the president of Turkey. In a…
The Washington Post
Trump Finally Acknowledges his Tariffs Could Hit Consumers
The Washington Post cites Senior Fellow Ryan Young on tariffs: “The decision to delay new tariffs on Chinese-made toys, smartphones, laptops and other…
U.S. News
2020 Election Hangs Over U.S.-China Trade Detente
U.S. News cites Senior Fellow Ryan Young on tariffs: “The administration has been saying otherwise, but it is good to see that they…
The Times of Northwest Indiana
Will Tariffs Push U.S. Economy to the Brink of Recession?
The Times of Northwest Indiana cites Senior Fellow Ryan Young on tariffs: The Competitive Enterprise Institute, in response to China’s latest tariff retaliation,…
Blog
This Week in Ridiculous Regulations
The latest Mad Libs-style political feud involves the NBA, the television cartoon South Park, and the Chinese government. President Trump also issued a pair of…
News Release
CEI Commends Executive Action Restricting Use of Regulatory Dark Matter
The White House today announced President Trump will sign two executive orders aimed at stopping the practice of agencies using guidance documents to effectively implement…
Blog
This Week in Ridiculous Regulations
Non-impeachment news involved a major court ruling on net neutrality, plus a new tariff. This year’s Federal Register is on pace to surpass last year’s…
Blog
New $7.5 Billion Tariffs against European Union
The Trump administration has announced tariffs on $7.5 billion of goods from the European Union. This time, it is being done with the World Trade…
Blog
New Study: Minimum Wages Have Tradeoffs
Congress nearly increased the federal minimum wage from $7.25 to $15 per hour this year. Though the Raise the Wage Act is unlikely to pass…
News Release
Minimum Wage Increases Canceled Out by Non-Wage Losses: CEI Report
Is raising the minimum wage good for workers? A new report from the Competitive Enterprise Institute makes the case that there are serious tradeoffs lawmakers…
Study
Minimum Wages Have Tradeoffs
Raising the minimum wage is currently a top policy issue at the federal, state, and local levels. This paper opposes increases for three reasons, and…
Blog
This Week in Ridiculous Regulations
Congress is out of session for the next two weeks, and the impeachment investigation will likely dominate headlines for some time to come. Meanwhile, the…
Blog
Antitrust Astroturf Activism
Not too long ago, I pointed out that antitrust regulation is often gamed by special interests and rent-seekers. A recent story in The Wall Street…
Blog
Ex-Im Bank Reauthorization: Lesson in Institutional Design
For all its flaws, the Export-Import Bank’s charter gets an important thing right: the agency must be reauthorized every few years, or it will close.
Blog
This Week in Ridiculous Regulations
The House passed a continuing resolution to avoid a federal shutdown until November 21st. The Senate will likely follow suit this week. The 2019 Federal…
Blog
Export-Import Bank Fight Not Over Yet
The Export-Import Bank’s charter is currently set to expire on September 30. If authorization lapses, the agency will shut down. On Thursday, the House passed…
CNS News
Ex-Im Bank Reauthorization Is Sadly All But Inevitable
Congress is back from its annual August recess. One of the top items on its agenda is reauthorizing the Export-Import Bank, which has an expiring…
Blog
Ex-Im Bank Reauthorization: Major Victory against Cronyism, Despite Setback
Nobel laureate economist Ronald Coase wrote in his 1975 essay “Economists and Public Policy” that “An economist who, by his efforts, is able to postpone…
Blog
This Week in Ridiculous Regulations
Congress returned from recess, the Democratic presidential candidates had a debate, and the 2019 federal deficit topped $1 trillion with a month left to go…
Blog
Automaker Antitrust Investigation Wrong Way to Fight Cartels
Cartels need government support because they contain the seeds of their own destruction. Self-interested companies acting selfishly naturally undo their own cartels.
Blog
Study on Export-Import Bank: Repeal Is Best, Other Reforms Can Help
The Export-Import Bank is up for reauthorization by September 30. It should be shut down, as I’ve pointed out before, but reauthorization will almost certainly…
News Release
New CEI Paper Calls on Congress to Close or Reform Ex-Im Bank
A new paper released today by the Competitive Enterprise Institute (CEI) calls on Congress to either allow the U.S. Export-Import (Ex-Im) Bank to close entirely…
Study
How the Ex-Im Bank Enables Cronyism and Wastes Taxpayer Money
The U.S. Export-Import Bank (Ex-Im) is a federal agency that seeks to boost exports by private U.S. businesses. It pursues its mission through loan guarantees,…
Blog
This Week in Ridiculous Regulations
Contrary to my earlier prediction, the number of new regulations this year did not pass 2,000 last week, ending the four-day week at 1,991. Meanwhile,…
Blog
State Attorneys General Launch Antitrust Investigations, Forget ‘Relevant Market’ Fallacy
Facebook and Google are facing separate antitrust investigations from publicity-seeking state attorneys general from both parties. New York’s Democratic attorney general is heading a joint…
Blog
Trump Tariff Costs to Outweigh Benefits from Deregulation
Early in the Trump administration, a series of executive orders slowed the growth of new regulations and removed some existing rules. From the start of…
Blog
This Week in Ridiculous Regulations
The UK parliament will soon be suspended for a five-week period, something the U.S. Congress should consider emulating as often as possible. Over in the…
Blog
This Week in Ridiculous Regulations
A humorous diplomatic row over Greenland was not the only news of the week, with China tariffs, divisive rhetoric, and recession fears also putting in…
Blog
Antitrust Basics: Think Long Term, Not Just Short Term
Moore’s Law states that computing power doubles every year and a half or so. An antitrust case against IBM, by contrast, lasted for 13 years,…
News Release
China Tariff Retaliation Shows Failure of Trump Policy
On news that China plans to raise tariffs on Sep. 1 and Dec. 15, respectively, in retaliation for President Trump's recent increase, Competitive Enterprise Institute…
Blog
Antitrust Basics: Corruption and Rent-Seeking
Rent-seeking is economics jargon for chasing after unfair special favors from government. Businesses and individuals have a large menu of rent-seeking options to choose from,…
Blog
This Week in Ridiculous Regulations
Last week was the Federal Register’s busiest of the year, with its 3,075 pages almost tripling a normal week’s count. A new economically significant regulation…
The Washington Times
Trump’s Tariff Delay on China Eases Christmas Worries, Sends Markets Higher
The Washington Times cites Senior Fellow Ryan Young on tariffs: Ryan Young, a senior fellow at the free market Competitive Enterprise Institute, said…
The Washington Post
Trump Finally Acknowledges His Tariffs Could Hit Consumers
The Washington Post cites Senior Fellow Ryan Young on tariffs: “The decision to delay new tariffs on Chinese-made toys, smartphones, laptops and other…
News Release
CEI Experts: Delay on China Tariffs Shows Real Burden Is on Consumers
On news today that the US Trade Representative will delay new tariffs on some consumer items until Dec. 15, as well as exclude some products from tariffs.
Blog
This Week in Ridiculous Regulations
Rumblings of a “Navarro recession” are growing louder, and the 2019 Federal Register will likely crack the 40,000-page mark early this week. Rulemaking agencies published…
Blog
This Week in Ridiculous Regulations
In a pre-recess Parthian shot, the Senate passed a massive new spending bill that would increase federal spending by $320 billion over two years and…
News Release
Tariffs Fail to Move China, Congress Should Revoke President Trump’s Trade Authority
Tariffs fail to move China, Congress Should Revoke Pres. Trump’s Trade Authority…
Blog
This Week in Ridiculous Regulations
Congress has adjourned for its August recess, so the republic is safe for another month. Rulemaking agencies are still on the job, however, and published…
Inside Sources
More Than Jobs – the Minimum Wage’s Many Tradeoffs
The House of Representatives will likely vote this week on a plan to raise the federal minimum wage to $15 per hour by 2024. Much…
Blog
House Passes ‘Raise the Wage’ Act
The Raise the Wage Act, which passed the House on Thursday, would raise the federal minimum wage to $15 by 2025. The bill now moves…
Blog
This Week in Ridiculous Regulations
Washington, D.C.’s flash flood was followed up by a heat wave; this week could bring even worse during Congress’ final week in session before the…
News Release
Minimum Wage Hike Passed by House Democrats Would Put Millions Out of Work
House Democrats today passed a federal minimum wage hike, $7.25 to $15 per hour, though with slim expected chance of gaining Senate passage. Politics aside,…
Blog
This Week in Ridiculous Regulations
Washington, D.C. was hit by a flash flood, but agencies were still able to publish new regulations ranging from electric program procedures to Fort Ord…
Blog
Antitrust Basics: Regulatory Uncertainty
Antitrust laws are not enforced to the letter. They are a matter of regulators’ and judges’ discretion. If they were applied literally, every business transaction…
Blog
Antitrust Basics: Rule of Reason Standard vs. Consumer Welfare Standard
Regulators have used two different standards to judge antitrust cases over the last century or so: the “rules of reason” standard and the “consumer welfare”…
Blog
This Week in Ridiculous Regulations
It was a four-day week for the federal government as the nation celebrated Independence Day. Meanwhile, agencies published new regulations ranging from the Paper and…
Blog
Antitrust Basics: Misleading Herfindahl-Hirschman Index
Market concentration is the most common reason for antitrust intervention. If a company has too large a market share, it can abuse that market power…
Blog
This Week in Ridiculous Regulations
The 2019 Federal Register broke 30,000 pages last week, the Democratic presidential candidates had their first debates, and the U.S. and Chinese governments prepared for…
Blog
Antitrust Basics: Relevant Market Fallacy
If a firm is charged with having market power, the question naturally arises: in which market? Does Facebook have a monopoly over social networking, especially…
Blog
This Week in Ridiculous Regulations
Wednesday, the day before the Competitive Enterprise Institute’s 35th anniversary gala dinner, saw no new final regulations published in the Federal Register. This may be…
Blog
Introducing Antitrust Basics
Often, a drips-and-drabs approach to learning an issue over a period of time is as effective as a single intense cram session. To that end,…
Blog
This Week in Ridiculous Regulations
Last week, a Canadian team won the NBA championship for the first time, while an American team won the Stanley Cup. This week brings us…
Blog
This Week in Ridiculous Regulations
While the administration is so far keeping to its one-in, two-out policy for proposed rules, new trade and antitrust policies are likely to increase net…
The Washington Times
Kamala Harris Outlines Plan To Penalize Companies That Fail To Close Gender ‘Pay Gaps’
The Washington Times cites Senior Fellow Ryan Young on a legislative plan to penalize companies for gender pay disparties. Ryan Young, a senior…
Blog
This Week in Ridiculous Regulations
President Trump threatened a new tariff on all Mexican goods, potentially scuttling the NAFTA/USMCA agreement. My colleague Wayne Crews went through the new Spring 2019…
Blog
Addressing the Gender Pay Gap: Culture, Not Legislation
Gender discrimination is a complex problem with a complex solution.
Blog
Trump Threatens up to 25 Percent Tariff on Mexican Goods, Jeopardizes NAFTA/USMCA
Things have been moving quickly on President Trump’s top legislative priority, the NAFTA/USMCA trade agreement. The key was rescinding steel and aluminum tariffs against Canada…
Conservative Commandos Radio Show
“Income Inequality” Needs a Conservative Solution?? Bernie Sanders is Crazy to Say Criminals Should Be Allowed to Vote!! Case against the Use of Antitrust Law!!
Senior Fellow Ryan Young joined Conservative Commandos Radio Show to discuss the case against antitrust law. Ryan Young, Senior Fellow at the Competitive Enterprise…
Blog
This Week in Ridiculous Regulations
The number of new final regulations this year topped 1,000 last Tuesday, and President Trump and Congress entered Memorial Day weekend at odds on issues…
Blog
This Week in Ridiculous Regulations
The Game of Thrones finale aired last night, though the show’s less-plausible Washington spinoff appears set to continue indefinitely, and with a rather larger budget.
Blog
Trump Mostly Removes Steel, Aluminum Tariffs against Mexico, Canada: Barriers Still Higher than in 2017
The Trump administration is mostly lifting its steel aluminum tariffs on Canada and Mexico, effective 48 hours from today’s announcement. But metal tariffs will remain higher…
Blog
Alice Rivlin, 1931-2019
Some economists do more than teach classes and write books. Alice Rivlin, who passed away this week, was proof. She was the first director of…
Blog
Boeing Pushes 100 Percent Tariffs on Airbus
Boeing, fresh off a victory in restoring the Export-Import Bank’s full lending authority, is floating the idea of a 100 percent tariff on Airbus aircraft…
Blog
Trade War State of Play: China, USMCA
If President Trump’s trade war has a single takeaway, it is this: Raising tariffs is an ineffective bargaining strategy. When the U.S. raises its tariffs,…
Blog
This Week in Ridiculous Regulations
Facebook co-founder Chris Hughes called for breaking up the company; CEI’s Iain Murray and Kent Lassman explain why that’s a bad idea. CEI also released…
Blog
Re-Prioritizing Regulatory Reform
The 2019 edition of Wayne Crews’ Ten Thousand Commandments: An Annual Snapshot of the Federal Regulatory State is out now.
National Review
President Trump Should Rediscover Regulatory Reform
President Trump, who made regulatory reform a priority early in his term, claims to have reduced federal regulatory burdens by $23 billion in fiscal year…
Blog
This Week in Ridiculous Regulations
Not one, but two potential Federal Reserve Board nominees withdrew from consideration last week, and economic growth and unemployment remained in excellent health. Meanwhile, with…
Blog
Trump Threatens New China Tariff with May 10th Deadline
On Sunday, President Trump announced via Twitter that if he does not approve of the results of this week’s U.S.-China trade talks, he will enact…
Blog
Ex-Im Bank Revival?
Next week the Senate is expected to vote on new board members for the Export-Import Bank, which gives favorable financing terms to foreign governments and…
Blog
Republican Study Committee Releases 2020 Budget Proposal
Congress is supposed to pass an annual spending budget, though it rarely gets around to it. Instead, the government is usually funded through a mashup…
Blog
This Week in Ridiculous Regulations
While Washington’s “This Town” types geared up for the White House Correspondents’ Dinner, the rest of the country flocked to movie theaters for a much…
The Washington Examiner
Consumer Doom: Both Parties are Pushing Antitrust Rules as a 2020 Issue
After a two-decade lull following the Microsoft case, big antitrust enforcement cases are back in vogue. Both political parties are making antitrust regulation a 2020…
Blog
Antitrust Regulation Turning into Campaign Issue
Both parties are making antitrust regulation a 2020 campaign issue. Neither President Trump nor most of the Democratic candidates are proposing improvements. Over at the…
Washington Examiner
Consumer doom: Both parties are pushing antitrust rules as a 2020 issue
After a two-decade lull following the Microsoft case, big antitrust enforcement cases are back in vogue. Both political parties are making antitrust regulation a 2020…
Blog
This Week in Ridiculous Regulations
The Notre Dame cathedral in Paris caught fire and sustained heavy damage. The rebuilding will likely take years, though people began politicizing it almost instantly.
Blog
Blocking the T-Mobile-Sprint Merger: Competition, Rent-Seeking, and Uncertainty
Nationwide 5G networks are coming. They will expand possibilities for everything from smartphone applications to GPS to streaming video, and will enable new technologies that…
News Release
DOJ Wrong to Intervene in Merger Between Sprint and T-Mobile
Today, the Wall Street Journal reported that antitrust enforcement staff at the Department of Justice have told T-Mobile and Sprint the proposed merger between the…
Blog
New Study: The Case against Antitrust Law
Antitrust regulation is a complex, multifaceted issue. It brings together insights from law, economics, political science, history, philosophy, and other disciplines. Right now both political…
News Release
CEI Makes the Case against the Use of Antitrust Law
The Competitive Enterprise Institute today released a report making the case that government use of antitrust law to break up big companies has a chilling…
Study
The Case against Antitrust Law
Politicians and pundits across the ideological spectrum often call for greater competition in the marketplace. While their favored means vary widely, the view that current…
The Washington Examiner
Mcdonald’s Says It Won’t Lobby on Minimum Wage
The Washington Examiner cited Senior Fellow Ryan Young on McDonald’s and minimum wage. “It’s just trying to get good PR,” Ryan Young, senior…
Blog
This Week in Ridiculous Regulations
In a remarkable human achievement, scientists took the first-ever image of a black hole. The effort took eight telescopes on five continents, five petabytes of…
Blog
This Week in Ridiculous Regulations
The news cycle was more sizzle than steak last week. President Trump threatened to shut down the southern border and backed off almost immediately, so…
Blog
This Week in Ridiculous Regulations
Pundits spent the week engaging in mortal combat over the Mueller Report, which none of them have read, and spring officially sprung with baseball’s opening…
Blog
This Week in Ridiculous Regulations
As tempers flared over how many “chuggas” to say before “choo-choo,” the 2019 Federal Register topped the 10,000-page mark last week and the number of…
Blog
This Week in Ridiculous Regulations
President Trump has declared passing the new NAFTA/USMCA as his top legislative priority, but congressional ratification will not be automatic. Mexico and Canada are also…
Blog
This Week in Ridiculous Regulations
Last week was low-drama by recent standards, but still had some important developments. The U.S. trade deficit set a record for the second year in…
Blog
What Do Economists Think about the Minimum Wage?
The playwright George Bernard Shaw once said that if you laid all the world’s economists end to end, they would not reach a conclusion. President…
Blog
This Week in Ridiculous Regulations
The Michael Cohen hearing shenanigans gobbled up the headlines, but actual substantive news happened regarding talks with China and North Korea—in particular, a planned tariff…
Citation
Delaying Further China Tariffs “Nice” but Fails to Undo Harm “Being Done Right Now”
In a notice put out this morning, the Trump Administration announced a delay in tariffs against China “until further notice.”…
Blog
This Week in Ridiculous Regulations
The federal government was on a four-day work week in honor of George Washington’s birthday, but agencies still found time to issue regulations ranging from…
Blog
Say No to Trump’s Proposed Auto Tariffs
President Trump is mulling a tariff on automobiles. Joining a long list of people urging him against it is the Japanese auto industry. That opposition…
Blog
This Week in Ridiculous Regulations
Congress and President Trump passed a spending bill to avoid another shutdown, but President Trump’s national emergency declaration over a non-emergency provides a troubling precedent…
Blog
This Week in Ridiculous Regulations
The delayed State of the Union speech happened on Tuesday, but contained no surprises on the policy front. The length of the Federal Register doubled…
Blog
This Week in Ridiculous Regulations
The Midwest froze, but the Federal Register began to heat up. As I predicted earlier, the first three post-shutdown editions were slow. Then Thursday’s edition…
Blog
The Bicameral Congressional Trade Authority Act
This week Rep. Mike Gallagher (R-WI) introduced the Bicameral Congressional Trade Authority Act, which would reduce the president’s authority to unilaterally enact new tariffs by…
The Washington Free Beacon
Critics: Trend to Raise Minimum Wage Will Cost Potentially Millions of Jobs
The Washington Free Beacon cited Fellow Ryan Young on minimum wage: Ryan Young, a fellow at the Competitive Enterprise Institute (CEI), a free market…