Blog
Foreign currency manipulation is a red herring
Trade policy is finding its way back into the spotlight thanks to the 2024 election campaign. Both the Biden administration and GOP presidential…
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Regulatory reform in the 118th Congress: The Regulatory Transparency Act
The current regulatory approval process lacks transparency and objectivity. While past executive orders and Office of Management and Budget (OMB) directives require that economically…
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Big tech firms pushing AI regulation are not seeking the public interest
Large Language Models (LLMs) have taken the internet by storm thanks to programs like OpenAI’s ChatGPT and Microsoft’s new Bing chatbot. These are opening up…
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Regulatory reform in the 118th Congress: The Regulation Reduction Act of 2023
Federal regulations will continue to grow, if the Biden administration’s recently published Unified Agenda is any indication. It lists 3,666 new rules currently in…
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No taming inflation without an independent Fed
Federal Reserve chairman Jerome Powell recently testified before Congress for the semi-annual Monetary Policy Report. The Fed has been under fire from both sides…
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Market failure? Let’s talk about government failure
Government interventions in the market are often said to be justified by market failures, which prevent the free market from maximizing social welfare. What is…
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Why Trump and Biden are wrong to sweat a trade deficit
Do trade deficits make American workers worse off? Trade deficits occur when a country imports more goods than it exports, which the U.S. has done…