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OpenMarket: March 2018

  • Human Achievement: The Shipping Container

    March 21, 2018

    One of the most underappreciated drivers of the modern global economy is the humble shipping container. Widely adopted internationally in the second half of the 20th century, intermodal containers largely supplanted break bulk cargo—the bags, barrels, pallets, and crates that must be individually loaded and unloaded onto ships, railcars, and trucks.

  • Hernando de Soto Wins Julian Simon Memorial Award

    March 21, 2018

    It is enormously gratifying that this year’s winner of the Julian Simon Award is Hernando de Soto, whose work around the world to define, allocate, and defend property rights has lifted millions out of poverty. Human flourishing is almost impossible without property rights and the rule of law, and so before millions of poor people around the world are able to realize Julian Simon’s optimistic vision, they need de Soto to defend their rights. 

  • Include 'Joint Employer' Fix in Omnibus Budget Bill

    March 20, 2018

    The Competitive Enterprise Institute is leading a free-market coalition urging Congress to attach the Save Local Business Act (H.R. 4331) as a policy rider to the current must-pass omnibus budget bill. The legislation would settle ongoing joint employer confusion by reinstating the longstanding joint employer precedent that established a bright-line rule based on “direct control.”

  • CEI Submits Comments to Federal Vehicle Regulator on Automated Driving Systems

    March 20, 2018

    The process for modernizing federal motor vehicle safety standards needs to be improved, thereby allowing for more rapid deployment of vehicles equipped with new self-driving technology that are expected to come to market in the coming years. This is critical not only for the potential safety benefits offered by automated vehicles, but for the potential mobility gains to the disabled and elderly, the reduced cost of mobility to urban and suburban dwellers, and far more efficient freight networks.

  • Gains from Automation Create Path to Greater Prosperity

    March 20, 2018

    Automation has become somewhat of a dirty word recently. Fear of mass unemployment and widening inequality has led to calls for greater regulations of technology companies, expanded programs of redistribution, and even a “robot tax” to discourage adoption of labor-saving technologies. These fears, however, focus too much on the short-term disruption that creative destruction brings, ignoring the long-term opportunities for human advancement that comes along with it. 

  • Climate Policy: What It Means for Pompeo and Kudlow to Be Replacing Tillerson and Cohn

    March 19, 2018

    If people are policy, the Trump administration’s commitment to the President’s pro-growth energy agenda has become clearer and firmer. Last week, Mr. Trump ousted Rex Tillerson as Secretary of State and announced plans to replace him with current Central Intelligence Agency director Mike Pompeo. Tillerson, under whose leadership ExxonMobil became an advocate of carbon taxes, led the pro-Paris climate treaty faction within the Trump administration.

  • Department of Education Limits Federal Employee Union Subsidy

    March 19, 2018

    Department of Education Secretary Betsy DeVos deserves a round of applause. Most federal agencies, even in Republican administrations, agree to collective bargaining agreements that heavily subsidize federal employee unions’ cost of representation. Instead, DeVos diverged from past practices and scored a win for taxpayers. 

  • Human Achievement Benefits Nature's Creatures—Including Pets

    March 19, 2018

    Environmental activists want you to “take action for our planet and nature” by sitting in the dark for an hour on March 24th. But we at the Competitive Enterprise Institute would rather keep the lights on and celebrate Human Achievement Hour, because we recognize that living well is not a crime. In fact, the human ingenuity that brought us light has proved not only good for people; it benefits nature and its creatures as well.

  • Impressive Work on Display by Students for Liberty

    March 16, 2018

    Congratulations are in order to our friends at Students for Liberty and their CEO Wolf von Laer on a successfully annual conference recently held here in Washington, D.C., LibertyCon 2018. In addition to the many great speakers and panels crammed into only a couple of days, SFL also recognized some of their most impressive members from around the world with awards. 

  • Online Sales Tax Bill a Small-Business Killing Tax Hike

    March 16, 2018

    The Wall Street Journal editorial board was entirely correct yesterday when they said, “Republicans have spent the last year cutting taxes and regulations, which hasn’t been easy. But now some Members of Congress want to blunt their handiwork by passing an online sales tax. Yes, they actually believe this would be good policy and politics.”

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