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This Week in Ridiculous Regulations
Last week, people got worked up over hamburgers and a television commercial about razors. Meanwhile the partial federal shutdown continued, and a bill to introduce…
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Agenda for the 116th Congress: Trade
President Trump’s doubling of tariffs has already cost the economy almost 1.8 percentage points of growth. That means 2018’s 3.4 percent third quarter growth could…
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This Week in Ridiculous Regulations
On Saturday the partial government shutdown became the longest ever. The news cycle was wall-to-wall wall and shutdown coverage, though Rep. Sean Duffy (R-WI) introduced…
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Reject U.S. Reciprocal Trade Act’s Presidential Power Grab
A forthcoming bill, the U.S. Reciprocal Trade Act, written by “Death by China” coauthor Peter Navarro and other presidential advisers, seeks to expand the president’s…
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Agenda for the 116th Congress: Regulatory Reform
The first chapter in the new Competitive Enterprise Institute agenda for Congress, “Free to Prosper,” is on regulatory reform. Most of the Agenda is about reforming…
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This Week in Ridiculous Regulations
Right now is a weird time for regulation. The shutdown has lasted for several business days, and the Federal Register has slowed to a trickle.
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What’s on Tap for Trade in 2019
At noon today, the 116th Congress convened. Over at Fox Business, Iain Murray and I look at what the coming year has in store for…
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This Week in Ridiculous Regulations
The shutdown continued all through Christmas week. But because the Federal Register works on a few days lag for many of its publications, it still…
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An Executive Order to Shine Light on Dark Matter
Over at The Hill, Wayne Crews and I make the case for an executive order that would limit executive power. It’s more plausible than it…
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Best Books of 2018: Clashing over Commerce
Douglas Irwin’s magnum opus, published at the end of 2017, is already a classic. Given the prominent role trade is playing in politics right now, it…
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This Week in Ridiculous Regulations
In an eventful week that included criminal justice reform, shutdown drama, and cabinet drama, this year’s new regulations exceeded 2017’s total with more than a…
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Best Books of 2018: Suicide of the West & Enlightenment Now
Goldberg’s “Suicide of the West” is a literate, snappily written, and often humorous defense of Enlightenment values and a broadside against populism. Steven Pinker’s “Enlightenment…
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Best Books of 2018: Factfulness
Think Julian Simon, Matt Ridley, and Steven Pinker’s data-driven optimism, mixed with Michael Shermer and Bryan Caplan’s awareness of human cognitive biases, as told by…
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This Week in Ridiculous Regulations
A partial federal shutdown looks more likely than it did a week ago, the federal deficit will likely top $1 trillion next year, and Theresa…
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Top Ten Antitrust Targets
Columbia University professor Tim Wu is author of the new book The Curse of Bigness: Antitrust in the New Gilded Age, which calls for a…
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This Week in Ridiculous Regulations
Former President George H.W. Bush was laid to rest, and no Federal Register was published on Wednesday. President Trump created a new superhero, Tariff Man,…
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U.S.-China Trade Deal at G20 Small Move in Right Direction
Nobody knew what to expect going into the G20 summit in Argentina, especially from a planned meeting between Chinese President Xi Jinping and U.S. President…
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This Week in Ridiculous Regulations
In the news, The new NAFTA was signed (but still needs legislative approval in all three countries), General Motors announced major layoffs and plant closures,…
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GM Layoffs, Tariffs, and Subsidies
CEI's Ryan Young explores the lessons policymakers should learn from General Motors’ announcement of layoffs and plant closures.
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This Week in Ridiculous Regulations
It was another short work week due to Thanksgiving, while Black Friday’s ritual tramplings put a damper on that day’s productivity. Last week agencies published…
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This Week in Ridiculous Regulations
It was a short work week due to Veterans Day, as most Americans took time to reflect on the centenary of the World War I…
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This Week in Ridiculous Regulations
The midterm elections finally happened. The good news is no more political ads for a while; the bad news is that a bunch of politicians…
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What Do the Midterms Mean for Trade?
Trade was a highly contentious issue during President Trump’s first two years. He has doubled tariffs, other countries have enacted equivalent retaliatory tariffs, and tensions…
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What Do the Midterms Mean for Regulatory Reform?
A divided Congress probably means the status quo will reign on regulation. This is a mixed bag from a free-market perspective. President Trump made…
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This Week in Ridiculous Regulations
Regulators were relatively quiet during the week before the midterm election, though CEI wasn’t, with our colleague Ted Frank arguing a case before the Supreme…
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This Week in Ridiculous Regulations
Lots of contentious issues are in the news, from the midterm election to immigration to a disturbing rash of bombs sent to politicians and media…
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This Week in Ridiculous Regulations
The fall 2018 edition of the semi-annual Unified Agenda was released on Wednesday. It lists upcoming regulations from every rulemaking agency. This marks the…
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This Week in Ridiculous Regulations
In a Columbus Day-shortened work week, agencies issued more than 50 new regulations from deregulated TVs in TV commercials to POSTNET.
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Tariffs Won’t Achieve America’s Goals
Over at Morning Consult, Iain Murray and I have an op-ed explaining why tariffs are ill-suited to achieving the Trump administration’s economic and foreign…
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William Nordhaus, Paul Romer Win 2018 Economics Nobel Prize
Both of this year’s economics Nobel laureates have been on the short list for some time. Both are deserving, as David Henderson writes in…
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This Week in Ridiculous Regulations
In the news last week, the North American Free Trade Agreement (NAFTA) got a new name (USMCA) that nobody will use, and President Trump…
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New NAFTA Could Have Been Much Worse
The new USMC (United States-Mexico-Canada) trade agreement isn’t very different from the old NAFTA (North American Free Trade Agreement), and that’s a good thing. Given…
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This Week in Ridiculous Regulations
It was a busy week in the political world, from the bitter Supreme Court controversy to President Trump’s UN speech, to tariffs on $260…
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Is There Such a Thing as Too Much Trade?
A common argument for free trade is that fewer trade barriers mean more trade. That argument is mostly true—there are a lot of deals people…
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A New Front in the Trade War: Overseas Private Investment
Tariffs get most of the press in today’s trade debate, and for good reason. Tariff rates under Trump have roughly doubled in less than two…
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This Week in Ridiculous Regulations
Hurricane Florence, Supreme Court nominee Brett Kavanaugh’s sexual assault allegation, and a ten percent tariff on $200 billion of Chinese goods dominated the news. Meanwhile,…
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Tariffs and Opportunity Costs
Today’s unsubtle trade debate largely ignores a subtle, but vitally important concept: opportunity costs. Direct harms from tariffs are easy enough to point out. Steel…
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Trade Goings-On: U.S.-UK Draft Agreement, New Book, and Peter Navarro’s Conversion
The Competitive Enterprise Institute is not the only group making a principled case for free trade. The UK-based Initiative for Free Trade, headed…
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Common Myths and Facts about Trade
There are a lot of confusions on both sides of the trade debate. A short CEI WebMemo, published today, seeks to clear up three…
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New China Tariffs Coming Soon
Less than a week after signing a bill to reduce some tariffs, the administration is moving to raise others. As soon as today, the…
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This Week in Ridiculous Regulations
It was a slow week for substantive news, aside from President Trump’s surprise signing of the Miscellaneous Tariff Act, which reduces tariffs on about 1,700…
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President Trump Signs Miscellaneous Tariff Act
In a surprise move, President Trump signed the Miscellaneous Tariff Bill Act into law on Thursday. The bill will reduce tariffs on roughly 1,700 goods…
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Free Trade Challenges: Tariffs, Concentrated Benefits, and Diffused Costs
Tariffs hurt more people than they help. So why do those outnumbered few keep winning so many political victories at the majority’s expense? The answer…
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This Week in Ridiculous Regulations
After a short Labor Day breather, Supreme Court nominee Brett Kavanaugh’s hearings and White House intrigue made for a lively four-day week. Meanwhile, agencies issued…
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August Brought 201,000 New Jobs, but Future Gains Threatened by Trade Restrictions
The U.S. economy added 201,000 jobs in August, the U.S. Labor Department announced today. Good news, but impending trade restrictions could put a damper…
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Tariffs Invite Corruption
The Commerce Department is offering exemptions to President Trump’s recent steel and aluminum tariffs. More than 2,000 companies have applied. That means that there…
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This Week in Ridiculous Regulations
August ended with a bang, leaving the 2018 Federal Register on the brink of the 45,000-page mark going into the Labor Day holiday. Agencies passed…
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Trade Is as Old as Humanity
Archaeologists have uncovered evidence of long-distance trade going as far back as 200,000 years ago. The artifacts are mainly things such as obsidian tools…
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Trade Restrictions Will Not Improve National Security
One of the most persuasive arguments trade protectionists use is the national security argument. It serves as a “get out of jail free” card with…
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This Week in Ridiculous Regulations
Lawyers are having a field day in Washington, and not just in cases involving associates of a certain member of the executive branch. Over at…