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OpenMarket: Business and Government

  • Ex-Im Reauthorization Vote Today in the House

    November 15, 2019
    The House of Representatives will vote on reauthorizing the Export-Import Bank today. Even if Ex-Im is reauthorized, the fight over it has already yielded a significant nearly five-year-long victory, in savings to taxpayers, with greater chances for victory in the future.
  • VIDEO: Growth and Opportunity in the Beehive State

    November 8, 2019
    I’ve been interested in the work at the Center for Growth and Opportunity (CGO) at Utah State University for some time now, and I was very impressed with what I experienced at a fascinating one-day conference they recently co-hosted on emerging issues in technology policy. The details of that discussion were off the record, but I can say that their smart, practical, and non-partisan take was a refreshing treat.
  • Proposals for and Problems with International Drug Reference Pricing

    November 5, 2019
    Healthcare costs remain top of mind in American politics. Polls consistently show that healthcare is one of, if not the top, priority for voters heading into the 2020 election cycle. Politicians and other policymakers face a looming crisis with healthcare expenditures. Medicare and Medicaid, the federal single-payer programs for the elderly and indigent, comprised over a quarter of all federal spending in 2018. This share is rising.
  • The Unmeasured Costs of Federal Agency Liberation from Congress, Self-Funding, and Permanence

    October 30, 2019
    In considering the overall costs of regulation, little attention is given to the intractability of the administrative state itself. Congress shows little appetite for restraining agencies and, unfortunately, once established, Republicans may be more prone to seek to run the agencies than to eliminate them.
  • VIDEO: Life Is Getting Better

    September 27, 2019
    Despite prominent headlines to the contrary, the world is not actually falling apart. As our friends at places like Human Progress tirelessly work to remind us, global trends on everything from war and famine to longevity and literacy are looking good.
  • Antitrust Astroturf Activism

    September 24, 2019
    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 Journal gives a fresh example. A group called the Free and Fair Markets Initiative (FFMI) has been advocating for antitrust actions against Amazon. Unsurprisingly, some of its funders are Amazon’s competitors.
  • VIDEO: Prosperity Is More Than Wages

    September 20, 2019
    In a new video for the PolicyEd channel, economist Russ Roberts takes on the popular—though misleading—narrative that ordinary working Americans haven’t made any real economic progress in the last generation or so.
  • In Its Stores, Walmart Behaves the Same Way Amazon Does and No One Cares

    September 18, 2019
    This week, The Wall Street Journal published an exclusive story detailing how Amazon uses its algorithms to prioritize its brands and products that are more profitable for the company. Amid the flurry of antitrust scrutiny and investigations into big tech, this seems like a big deal. Yet outside of big tech, prioritizing your own products and the products that make you the most money is called the basics of staying in business.
  • UPDATE: Big Picture in 'Vaping-Linked' Lung Poisonings

    September 16, 2019
    Over the last three months, the news has been filled with stories of people falling ill from a mystery lung ailment supposedly caused by vaping. The majority of the coverage has been incomplete, inaccurate, and done little more than scare and confuse the public. Anti-vaping activists and certain public health agencies that have long wished to ban e-cigarettes have skillfully exploited this confusion to convince people the outbreak is a manifestation of the health threat posed by e-cigarettes, of which they have long warned.
  • Policy Circle 4th Annual Leadership Summit Coming to Chicago

    September 12, 2019
    There are a lot of useful conferences, meetings, and conventions that fill our calendars, and one that we're especially looking forward to this year is the Policy Circle’s 4th Annual Leadership Summit in Chicago. The Policy Circle is a non-profit organization committed to advancing women’s leadership through expanding knowledge of public policy, and they've got some excellent speakers lined up.

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