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OpenMarket: August 2019

  • Loco Four Loko Hysteria

    August 29, 2019
    It’s only a matter of time before Phusion Projects' new hard seltzer hits shelves, which means that it’s only a matter of time before alarmists begin calling for the ban of a product that is no more or less dangerous than any other alcoholic beverage on the market. People will not be worse off for having the option to purchase a stronger seltzer, and people will ultimately be better off for having the choice to do what they want with their bodies. So it’s only right to call out the hysteria around Four Loko’s new release for what it is: absolutely loco.
  • Free-Market Groups Urge Reform of National Environmental Policy Act

    August 27, 2019
    CEI and five other free market groups submitted comments on the White House Council on Environmental Quality’s Draft National Environmental Policy Act Guidance on Consideration of Greenhouse Gas Emissions. In our comments, we note that although the Draft NEPA Guidance is an “incremental improvement” over the 2016 Obama CEQ Guidance, it fails to articulate why NEPA is fundamentally ill-suited to climate-related policy goals.
  • How Accounting Reform Can Help Address Public Pension Underfunding

    August 27, 2019
    By deferring compensation, in the form of pensions, and pushing those costs well into the future, politicians can gain favor with government employee unions, which are major political players and donors, while passing on the pain of paying for said compensation on to their successors.
  • Lung Disease Outbreak Caused by Black Market, not Vaping

    August 27, 2019
    News media around the world have picked up on the story of “vaping-linked” hospitalizations. Most have omitted the fact that black market marijuana e-liquid has been identified as the culprit in some of these cases, while not a single case has been linked to nicotine-only e-cigarettes. Interestingly, most of those falling ill are in states where marijuana for recreational use is only available through the black market. 
  • Union Wish List Bill Would Harm Workers and the Economy

    August 27, 2019
    Today, the Competitive Enterprise Institute (CEI) released a report that analyzes the Protecting the Right to Organize (PRO) Act of 2019 (H.R. 2474), which the House of Representatives is expected to vote on in September. The bill overhauls labor relations law and tilts the playing field in favor of unions without regard to the negative consequences on workers, employers, and the economy.
  • This Week in Ridiculous Regulations  

    August 26, 2019
    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 appearances. Rulemaking agencies published new regulations ranging from Death Valley airstrips to Lipochitooligosaccharide.
  • Senator Bernie Sanders Releases $16 Trillion Green New Deal Plan

    August 24, 2019
    On August 22nd, Sen. Bernie Sanders (I-Vt.) released a 14,000-word plan to implement the Green New Deal—a detailed blueprint to “avert climate catastrophe and create 20 million new jobs.”
  • Washington Post Uses Dubious Data on 'Extreme' Climate Change

    August 24, 2019
    The Washington Post ran a long, complicated story by four reporters on August 14th headlined “Extreme climate change is here.”
  • Antitrust Basics: Think Long Term, Not Just Short Term

    August 23, 2019
    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, never reached a decision, and was eventually dropped because the original issue had long become obsolete.
  • David Koch (1940-2019), R.I.P.

    August 23, 2019
    Friend, philanthropist, inventor, and industrialist David Koch has died at the age of 79.  He was a father and husband. Known best for his pro-liberty activism and involvement in national politics, he also improved countless lives with more than a billion dollars in philanthropic donations to artistic, cultural, and medical charities. His generosity, optimism, and commitment to a freer world will continue to bear fruit for many generations.

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