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The Teamsters want UPS drivers to go on strike
UPS’s drivers will likely go on strike at the end of the month. It would be a huge disruption to the broader economy – and…
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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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This week in ridiculous regulations: NASA designations and automatic braking
It was a four-day work week due to Independence Day. Meanwhile, agencies issued new regulations ranging from pot catchers to viticultural areas. On to the…
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Don’t believe the ‘cost-of-thriving’ doom
There has been a lot of discussion in the last several years – and even more so in the last few weeks – about income…
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Free the Economy podcast: teaching capitalism with Allen Mendenhall
In this week’s episode we talk about the cost of thriving in America, the incredible expanding CHIPS Act, and occupational licensing…
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What I told the EPA about its illegal de facto electric vehicle mandates
Yesterday I submitted comments to the Environmental Protection Agency (EPA) on its proposed greenhouse gas (GHG) emission standards for model years (MYs) 2027-2032…
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Biden admin plans to rig cost-benefit analysis, boosting federal regulations
When the Biden administration took office, one of its first actions was to order a series of updates to the federal rulemaking process, all under…
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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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Local zoning boards are not democracy
At the Competitive Enterprise Institute, we have often discussed the need to reform zoning, permitting, and building regulations, so I was intrigued…
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This week in ridiculous regulations: historical captain permits and apricot marketing
The Supreme Court agreed to hear CEI’s Moore v. U.S. tax case in its upcoming term. It also handed down rulings in controversial cases…
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Adam Smith, George Washington, and the invisible hand in America
Although Adam Smith would have been 300 this year, his birth date is unknown, and his baptism date has shifted from different dates in June…
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Wall Street doesn’t want to come back to the office
The continuing saga of remote versus in-office work acquired a new data point recently when Bloomberg released its latest Markets Live Pulse survey, which…
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Supreme Court’s Janus case 5 years later: Workers are invoking their rights
A common argument made by unions and their allies is that workers want to belong to unions but that big business uses all manner of…
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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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Free the Economy podcast: importing talent with Connor O’Brien
In this week’s episode we talk about the major income tax case going to the Supreme Court, the looming death of ESG…
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Why Washington state has the highest gas prices
The price of gas in Washington State is currently the highest in the nation averaging $4.99 per gallon as of June 28, 2023. This…
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Bidenomics? Here are the 297 costliest rules in the president’s Spring 2023 Unified Agenda
Federal agencies issue thousands of rules, regulations and guidance documents every year compared to the relative handful of laws enacted by Congress.
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Adam Smith on how trade makes us better people
2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…
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Allergy sufferers to Congress: Please stop trying to help!
The Law of Unintended Consequences gained another data point recently. A bipartisan bill requiring products with sesame to be specially labeled has resulted in…
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Adam Smith and the wealth of America
2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…
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Hey Army Corps, stop delaying wetlands decisions!
Last month in Sackett v. EPA, the U.S. Supreme Court provided some much-needed clarity on what waters are regulated under the Clean Water…
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Regulatory reform in the 118th Congress: The ERASER Act
Our current regulatory state suffocates Americans with high costs. On a micro level, research by CEI Fred L. Smith Fellow in Regulatory Studies…
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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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Costlier cars help the poor, according to EPA
There is plenty of controversy surrounding EPA’s proposed new tailpipe and greenhouse gas emissions rules for model year 2027-2032 vehicles, ranging from whether the…
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The lethal impact of rising energy prices
Many of us are all too familiar with the grimace we make when we open our monthly utility bills. The soaring cost of energy is…
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This week in ridiculous regulations: reporting stolen drugs and nuclear tariffs
The 2023 Federal Register is on pace to be the third largest in its 86-year history, behind only Obama and Trump’s midnight rush years in…
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Progress in Congress for real civil forfeiture reform
For the last couple of years, I’ve been monitoring every change in the law in the United States in the area of civil forfeiture. Last…
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Another sustainable energy company is failing to sustain itself
CNBC’s “Sustainable Future” page reports today that “Siemens Energy shares plunge more than 37% as wind turbine worries deepen.” A “sustainable energy” company failing…
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House hearing warns of Biden’s admin’s ‘death by a thousand regulations’
The House Oversight and Accountability Committee held a hearing last week titled “Death by a Thousand Regulations: The Biden Administration’s Campaign to Bury America…
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Fed Chair Powell hearing: more to do on inflation
At his semiannual congressional testimony this week, Federal Reserve Chairman Powell hinted that the Fed likely is not done raising interest rates. This comes…
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Free the Economy podcast: online trust with Taylor Barkley
In this week’s episode we talk about a survey on work trends for finance bros, Delta’s questionable bid to become the first…
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Elephant in the elevator: How government manipulates the social cost of carbon to justify regulations
Four CEI colleagues and I each submitted comments this month on the Office of Management and Budget’s proposed update of Circular A-4—OMB’s…
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European Union says phones and tablets must be easier to break by 2027
The European Parliament agreed on new rules last week that would require smartphone and tablet manufacturers to make it easier for users to remove…
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Businesses flocking to states with lower taxes, better regulations
Experts on U.S. economic policy spend a lot of time looking at competition between states and how good tax and regulatory policy can help…
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Younger workers don’t favor full-remote work
Among people who follow the news on workplace (and workforce) satisfaction, the opinions of younger workers are often considered especially relevant, because we assume that…
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Das Adam Smith problem? Nein!
2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…
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America takes Entrepreneurship Index top spot, former Soviet bloc countries close behind
Retail software maker Shopify recently released its “Entrepreneurship Index,” a global ecosystem of entrepreneurial activity. Shopify ranks the top ten countries with economies that…
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This week in ridiculous regulations: tart cherry assessments and big cat safety
The House passed two regulatory reform bills, the REINS Act and the Separation of Powers Restoration Act. The Federal Reserve held interest rates steady. Meanwhile,…
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Here comes state capitalism. There go our liberties.
CEI’s own Wayne Crews told the Washington Examiner recently, “Everything from local tap water to space commercialization is being turned into a government project.”…
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Free the Economy podcast: growth and taxes with Alex Muresianu
In this week’s episode we talk about Gen Z and remote work, businesses moving between states, and inspiring evidence of human…
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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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Adam Smith on how to love and be lovely
2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…
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Is Biden admin disappearing a red flag for costly regulations?
Is the Biden administration trying to do away with the category of “economically significant” regulations altogether? Before this administration, an “economically significant” regulation was one…
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Court punts to FTC, freezing Microsoft purchase of Activision Blizzard
The Federal Trade Commission (FTC) took action Monday to stop Microsoft from purchasing the game developer Activision Blizzard. The FTC filed for both a…
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Adam Smith’s ‘tolerable administration’ vs. America’s increasingly intolerable one
2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…
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New Biden White House Agenda shows 3,666 rules in regulatory pipeline
The Spring 2023 Unified Agenda of Federal Regulatory and Deregulatory Actions has been released. A fall version of this twice-yearly document will also contain a…
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Senate Commerce hearing shows why some junk fees aren’t garbage
In his State of the Union address this February, President Biden reiterated his intent to crack down on so-called junk fees. Biden discussed…
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Time to shine more light on regulators’ ‘shadow boxes’
Accompanying presidential executive orders and memoranda are the numerous sub-regulatory proclamations of departments and agencies we like to call “regulatory dark matter.” Occasionally we…
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The real Adam Smith
2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…
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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…