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Regulation of the Day 83: Citations
The Code of Federal Regulations contains a regulation on how to cite the Code of Federal Regulations.
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Financial Fiasco
I recently finished reading Swedish economist Johan Norberg's book about the financial crisis, aptly titled Financial Fiasco. It's both short and informative. Six chapters and…
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Marcus Aurelius: Emperor, Philosopher, Economist
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Regulation of the Day 82: Veterinarians
Did you know that the federal government is in the veterinary accreditation business? It’s true.
Overlawyered
Brass banned in childrens’ toys
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Poll: Used Car Salesmen More Ethical than Congress
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Antitrust as Corporate Welfare for Aggrieved Competitors
Wayne Crews and I have an article in today's American Spectator about the antitrust crusade against Intel. An FTC picking winners and losers is not…
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Regulation of the Day 81: Porn
A proposed rule in California would reclassify adult film actors as being subject to certain employment regulations. The unintended consequences are potentially fatal.
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In-Flight Rent-Seeking
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Regulation of the Day 80: Falconry
The Code of Federal Regulations contains 12,834 words worth of rules concerning falconry, of all things.
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Did Deregulation Cause the Great Recession?
Over at RealClearMarkets, I explain why the answer is a resounding no. Over 30,000 total new rules passed during the Bush years. Hardly any were…
Overlawyered
Did Deregulation Cause the Great Recession?
In a December 3 article in Politico ("J-O-Bs should come before GDP"), Rep. Phil Hare argues that "reckless deregulation" is one of the causes…
Public Radio
Did Deregulation Cause the Recession?
Blog
Regulation of the Day 79: Auctioneers in Alabama
It is illegal to conduct an auction without a license in Alabama. Violators can be punished with fines of up to $500. Applicants must pay…
Overlawyered
FDA Raw Oyster Ban
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Don’t Worry about Trade Deficits
I run an ongoing trade deficit with my local grocery store. I import food from them every week. They have never purchased a thing from…
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Regulation of the Day 78: Green Energy Subsidies
If green energy is commercially viable, then it doesn't need any subsidies. If it isn't, no amount of subsidy will make it so.
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Regulation of the Day 77: Banning Toys in Happy Meals
Roberto Zabrido, a government official in Spain, is “adamant that the Happy Meal and its ilk pose a risk.” The solution? Legislation!…
Heartland
Stimulus Funding for In-Flight Broadband
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Regulation of the Day 76: Generic Medication for Farm Animals
If you put chlortetracycline powder in your farm animals’ drinking water to prevent disease, please be aware that a new federal rule now allows you…
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The Economics of Black Friday
Non-price costs such as crowds and long lines should be factored into your shopping habits. Otherwise you just might be getting ripped off.
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Happy Birthday, Carl Sagan
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The Partisan Deficit
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Illegal Immigration: Make it Legal
The Boston Globe’s Jeff Jacoby wrote a wonderful column yesterday that highlights the inconsistent stance of many conservatives when it comes to immigration.
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Regulation of the Day 75: Food Containers
The Code of Federal Regulations contains 28 sections on food containers. Metal, glass, plastic, flexible, rigid – if you can put food in it, there…
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The Economic Way of Thinking about Stimulus Packages, Part II
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New Trotsky Biography
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The Economic Way of Thinking about Stimulus Packages
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Making Broadband Accessible: Innovation, Not Intervention
FCC regulators want to provide wider and cheaper broadband access by subsidizing it, raising taxes, and forcing network owners to share their network infrastructure with…
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Regulation of the Day 74: Grass Length in Jupiter, Florida
Residents whose lawns are taller than eight inches risk $250 per day fines. The city council voted last night on raising the fines to $1,000…
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Against a Value Added Tax
Over at Investor's Business Daily, Wayne Crews and I make the case against a Value Added Tax. Policy makers have been flirting with the idea…
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Oyster Ban Update: Partial Victory!
The ban, due to take effect in 2011, has not been repealed outright. But, in response to public outcry, it has been delayed.
Investors' Business Daily
VAT Would Be One Big Tub of Trouble
Ask a man on the street what VAT means. After giving you a strange look, he'll probably give an answer along the lines of "a…
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Fixing TARP: Is Transparency Enough?
Transparency is a good start. But the goal should be to not have government bailing out politically favored companies in the first place.
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Regulation of the Day 73: Snow Globes as Terrorist Threat
Yes, larger snow globes probably violate the TSA’s three-ounce limit for liquids. But they are not bombs. They are, in fact, snow globes.
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Andrew Cuomo Sues Intel
Over at the Washington Examiner's Opinion Zone, Wayne Crews and I explain why New York Attorney General Andrew Cuomo's antitrust lawsuit against Intel is a…
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Regulation of the Day 72: Brass Toys, Killer of Children
Toymakers presumably choose brass because it is cheap, durable, and better than alternative materials. Now they will have to turn to those second-best materials despite…
Washington Examiner
Andrew Cuomo Should Leave Intel Alone
New York Attorney General Andrew Cuomo announced on November 4 that he is suing Intel for antitrust violations. Cuomo’s lawsuit is a mistake. He…
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Regulation of the Day 71: Waistlines
In Japan, it is illegal for men to have a waist larger than 33.5 inches. The limit for women is 35.4 inches. Those in violation…
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Cell Phones, Cancer, and Certainty
Every dollar and every hour of researchers' time spent on lessening cancer risks from cell phones is money and time not spent curing heart disease,…
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Regulation of the Day 70: Combustible Dust
OSHA has published a proposed rule to regulate one of the greatest threats to mankind: combustible dust.
Opposing Views
Should We Be Worried About Cell Phones and Cancer
CNN reports: “Last summer, Dr. Ronald Herberman, then director of the University of Pittsburgh Cancer Institute, issued a warning to about 3,000 faculty and…
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Friday Fun: Brett Bowl II
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Unfunded Mandates
Today's American Spectator Online has a piece by CEI VP Wayne Crews and I on curbing Congressional abuse of unfunded mandates.
American Spectator
Yes, Virginia Foxx
Jaws dropped when the government announced recently that the national debt would increase by $14,000,000,000,000 over the next decade. Right now, roughly every third dollar…
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Regulation of the Day 69: Owning More than Three Cats
A new local ordinance in Dudley, Massachusetts makes it illegal to more than three cats without a license. Coaseian bargaining might be a better solution…
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Regulation of the Day 68: Ironing Tables
At HPI's request, the International Trade Administration will continue to add anti-dumping duties to the price of its competitors' Chinese-made ironing tables. Sorry, consumers.
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Lomborg Strikes Again
Some people want to cure malaria by reducing carbon emissions. Others want to cure it with mosquito nets, and better health care and sanitation. Which…
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Taxes without Borders
This month's issue of Info Tech & Telecom News contains an article by yours truly on certain states' attempts to collect sales taxes from out-of-state…
Heartland Institute
‘Amazon Taxes’ Fad Harmful to States, Consumers, Business
Tax revenues have been plunging during the current recession, and states have been scrambling for ways to bolster their depleted coffers by looking online. While…
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Washington and Wall Street: Best Kept Separate
Russ Roberts' recent Congressional testimony is superb: "I’m mad at Wall Street. But I’m a lot madder at the people who gave them the keys…
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Regulation of the Day 67: Oysters
A new FDA rule requires oysters harvested between April and October to be sterilized before they are eaten. An unintended consequence is that the state…
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Regulation of the Day 66: Trick or Treating
Trick-or-treating is banned in Dunkard Township, PA. The government will hold a four-hour Halloween party to make up for it.
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Sweden’s CO2 Labeling: Deceptive Advertising?
A quick point to add to Fran Smith's post on Sweden's experiment in labeling food and menus with carbon footprints: don't read too much into…
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Regulation of the Day 65: Weighing Animals
If you sell poultry or livestock, it’s a good idea to weigh them first. Makes it easier for buyer and seller to agree on a…
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Keeping Priorities Straight
Bjørn Lomborg, head of the Copenhagen Consensus, brings some much-needed common sense to the global warming debate. Reporting from Vanuatu, he finds that many locals…
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Regulation of the Day 64: Starting a Business in Sacramento, California
The human mind is capable of creating limitless, endless wealth. The human mind is nearly as adept at preventing that wealth from being created. Sacramento…
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Is Cognitive Dissonance an Insured Condition?
Rep. Diana DeGette is proposing: 1)That health insurers' antitrust exemption be removed. 2) Require, by law, that people buy health insurance. What one hand giveth,…
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Regulation of the Day 63: Sports Agents in New Hampshire
It is illegal to be a sports agent in New Hampshire without a Secretary of State-issued certificate. Don’t forget your biennial renewal!…
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Regulation of the Day 62: Government Employees and Texting while Driving
Executive Order No. 13513 prohibits federal employees and contractors from texting while driving while on duty.
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Deficit Hits $1,400,000,000,000
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Happy 90th Birthday to Nobel Laureate James Buchanan
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Robert Reich Gets It
Some of the consequences of increasing government’s role in health care are easy predict.
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Regulation of the Day 61: Big Screen TVs – Mankind’s Doom!
On November 4, California regulators may vote to ban big-screen televisions. The large sets use more energy than they would prefer.
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Regulation of the Day 60: Hybrid Car Noise
One advantage of hybrid cars is that they are quiet. Too quiet, some would say. Blind pedestrians may not hear a hybrid coming around the…
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Regulation of the Day 59: Pharmacy Interns in Colorado
It is illegal to intern for a pharmacist in Colorado without a license.
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Markets vs. Special Interests
"It is precisely the fact that the market does not respect vested interests that makes the people concerned ask for government interference."…
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This Year’s Economics Nobel Winners
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President Obama Wins Nobel Peace Prize
President Obama is in a prime position to work wonders for the cause of peace. He can institute free trade in America. Trade is the…
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Regulation of the Day 58: Banning Children from Playgrounds
A new regulation in Kensington, Maryland bans children over five years old from using a local playground between 9:00 am and 4:00 pm.
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Precisely Backwards
Few things are more taxing than our elected officials’ economic illiteracy. How sad that visiting a wonderful country like ours may soon be one of…
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Regulation of the Day 57: Minimum Price Agreements
A new Maryland law makes it illegal for manufacturers to set a minimum retail price for their products in sales contracts. The law is meant…
American Spectator
Price Fixing
On October 1, it became illegal in Maryland for manufacturers to set the minimum prices at which retailers may sell their products. Sen. Herb Kohl…
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Corporate Human Rights?
Over at the Detroit News, Hans Bader and I explain why corporations have human rights despite not being human. The reason why? Transaction costs.
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Regulation of the Day 56: Kahlua in Ohio
Kahlua contains 20% alcohol in 49 states. But in Ohio, it is 21.5%. Weird, huh? Turns out regulations are the reason.
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Net Neutrality and Rent-Seeking
Net neutrality proposals give companies the incentive to seek rents at each other’s expense when they could be benefitting from each other’s innovations instead.
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The Economics of Net Neutrality
Over at the Washington Examiner's Opinion Zone, I apply what I learned back in Economics 101 to the net neutrality debate. It's all about scarcity.
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Funny, That
An article in today's New York Times laments the difficulty of "building momentum for an international climate treaty at a time when global temperatures have…
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Regulation of the Day 55: Home Environmental Inspections
If cap and trade passes, almost all homes for sale would be required to undergo an environmental inspection. The home cannot be sold until it…
Hot Air
The End of the Fixer-Upper?
Pajamas Media
Politico: Cap-and-Trade Will Depress Home Prices
Politico
Cap-and-Trade Will Depress Home Prices
Cap and trade is back in the news. By the end of this month, Senate Environment and Public Works Committee Chairwoman Barbara Boxer (D-Calif.) is…
Washington Examiner
Is the FCC Neutralizing Innovation?
In a major speech Monday, FCC Chairman Julius Genachowski announced that one of his top policy goals is implementing network neutrality rules. That’s a sophisticated…
Blog
Regulation of the Day 54: Shovelnose Sturgeon
Why does the Fish and Wildlife Service want to list it as a threatened species? Because it looks like the pallid sturgeon, which is currently…
Blog
Regulation of the Day 53: Y2K
In which the case for regulatory sunset provisions is inadvertently made.
Opposing Views
Obama Wants to Extend Patriot Act – Just Like Bush
People are often surprised to hear how similar President Obama’s policies are to President Bush’s. They shouldn’t be. One may be a Republican and the…
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Regulation of the Day 52: Bar Food
In Arlington County, Virginia, there exist twelve restaurants that are required to sell $350 of food per one gallon of liquor purchased from the Virginia…
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Obama Wants to Extend PATRIOT Act
One may be a Republican and the other a Democrat, but make no mistake. Bush and Obama are two peas in a pod.
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Bastiat on the Stimulus Package
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Regulation of the Day 51: Mandatory Hand Sanitizing
In Jersey City, New Jersey, the school district is requiring students to “sanitize their hands when they walk into the class in the morning, before…
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Regulation of the Day 50: Tires from China
The burden is on tariff supporters to explain why they think people who live in one country are more deserving of economic opportunity than people…
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To Heckle the President, or Not?
Politicians make themselves look bad far more effectively than any heckler could. They don’t need the help.
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Do Corporations Have Human Rights?
Intel’s defense in its EU antitrust case has taken the surprising line that the company’s human rights were violated. Over at Real Clear Markets, CEI…
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Regulation of the Day 49: Political Speech
If Congress can’t pass laws abridging the freedom of speech or of the press, maybe they can pass laws abridging the freedom of speech and…
RealClear Markets
Does Intel Have Human Rights?
Intel's battle for the ages against the European Commission's antitrust regulators has a surprising new twist: Intel is claiming that its human rights were violated.
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Regulation of the Day 48: Barbers in Nevada
Want to be a barber in Nevada? You’ll need to get a license first. One of the requirements is a chest X-ray, of all things.
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Regulation of the Day 47: Irish Potatoes
It is bad policy to keep perfectly good food off the market because of its shape, especially during times of recession and high food prices.
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Dog Bites Man
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Regulation of the Day 46: Chemical Weapons
If your company exports chemical weapons, make sure you keep good records. Every year, on company letterhead, you have to list ten things for the…
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Regulation of the Day 45: Wooden Crates
Even the humble wooden crate cannot escape the government’ watchful regulatory eye.