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Has Bitcoin/Crypto Failed as Money?
“[I]t’s not that [cryptocurrencies] didn’t aspire to be a payment mechanism; it’s that they’ve completely failed to become one except for people who desire anonymity…
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Climate Risk Disclosure: SEC’s Next Modest Proposal
An article in the Wall Street Journal this week reports as breaking news something that has been obvious for months: The Securities and Exchange…
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Tobacco Control’s Latest Self-Fulfilling Prophecy
If you want to make something irresistible to teenagers, portray it as a forbidden fruit. That is what has happened in the U.S. with e-cigarettes.
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Do We All Deserve a Share of the World’s Natural Resources?
In early July I wrote an op-ed for Inside Sources, which was subsequently picked up by several newspapers, on why the United States should…
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Big Tech Critic Jonathan Kanter Nominated to Lead Justice Department Antitrust Division
President Biden’s announcement to nominate long-time Big Tech adversary Jonathan Kanter to lead the Department of Justice Antitrust Division follows on the heels of…
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Wisdom on the Interest-Rate Price Control Folly from John Stuart Mill to Thomas Sowell
Today, the Senate held a hearing entitled, “Protecting Americans from Debt Traps by Extending the Military’s 36% Interest Rate Cap to Everyone.” But the…
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The Meaningless Symbolism of Raising the Minimum Wage for Federal Contractors
The Biden administration is planning to increase the minimum wage for federal contractors to $15 an hour, but there is much less to this than…
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This Week in Ridiculous Regulations
The Olympic games began in Tokyo, after being delayed a year due to COVID-19. Congress is working its way through a $3.5 trillion spending bill…
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A Civilian Climate Corps Cannot Address a Climate Emergency
In my previous post, I explained that high-profile political figures, including President Biden, are currently pushing for the creation of a Civilian Climate Corps…
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Carbon Tariffs Would Hurt Consumers, Slow Recovery
Over in the Washington Examiner, I take a look at the carbon tariff proposal that will likely be in the $3.5 trillion spending bill…
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War on Natural Gas—End User Edition
No matter that it is clean-burning, domestically plentiful, and affordable, natural gas is demonized by the Biden administration as a fossil fuel and for that…
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The Flawed Arguments for a Civilian Climate Corps
When President Franklin Delano Roosevelt took office in 1933, he was faced with a massive economic crisis. To combat it, he embarked on a plan…
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With PRO Act, Congress Readies National Version of California’s AB5 Fiasco
California’s AB5 law, which was meant to prevent worker misclassification, faced a popular backlash when it disrupted the livelihoods of freelancers and gig…
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Private Forest Management Can Help Prevent Wildfires
When California Governor Gavin Newsom took office in 2019 he vowed to commit a stronger strategy to combat the wildfires ravaging California, declaring their approach…
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This Week in Ridiculous Regulations
CEI announced that renowned development economist William Easterly will receive its 2021 Julian Simon Award at a two-day event in Washington, D.C., on…
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Do We Need a Clean Electricity Standard and CO2 Border Tax to Avert Catastrophe?
Climate ambition is busting out all over in the nation’s capital. The $3.5 trillion budget blueprint approved by Democratic leaders this week includes a…
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Green Protectionism on the Rise?
The $3.5 trillion budget proposal that the Democratic leadership in Congress is putting together will reportedly include the world’s first carbon tariffs, which are…
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Does DOL Nominee David Weil Believe in Guilty Until Proven Innocent?
David Weil, a Brandeis University professor and President Biden’s nominee to head the Department of Labor’s Wage and Hour Division seems to believes that protecting…
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An Unprecedented FTC Appointment
In June, President Biden broke precedent when he appointed Lina Khan as the new chair of the Federal Trade Commission (FTC). It has been…
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This Week in Ridiculous Regulations
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Enshrining Cronyism
If you like your cronyism, you can keep it. For that matter, if you like your income inequality, you can keep that too. Highly reminiscent…
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Biden Is Right to Call for Rolling Back Occupational Licensing and Non-Compete Agreements
President Biden’s executive order today calling for occupational licensing and employment non-compete agreements to be rolled back is a good idea that could benefit…
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CEI Files Comments on EPA’s Reconsideration of Trump Auto Rule
On Tuesday, July 6, CEI submitted comments on the Environmental Protection Agency’s (EPA) reconsideration of Part One of the Trump administration’s Safer Affordable…
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Relevant Markets, A Dozen Keystrokes, and the Google Play Store Antitrust Lawsuit
Yesterday, after markets closed, 36 state attorneys general announced another antitrust lawsuit against Google. This complaint centers around Google’s Play Store, in which it…
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A Sustained Recovery Needs a Deregulatory Stimulus
Over in The Hill, Wayne Crews and I argue that more deficit spending won’t help the COVID recovery. Regulatory reform is more powerful stimulus…
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Free Market Organizations Oppose Costly EPA Air Conditioner Regulations
With temperatures in Washington D.C. topping 90 degrees in recent days and with most of the summer yet to go, it is hard to imagine…
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SEC Discovery Tactics Belie Lofty Pronouncements in Ripple Case
The Securities and Exchange Commission (SEC) has gotten away with questionable investigation and litigation methods for years. The Commission’s Enforcement Division tactics are so well…
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This Week in Ridiculous Regulations
The CEI community mourned the loss of Steve Horwitz, a principled classical liberal, a fine economist, and an even finer person. We’ll miss you, Steve.
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How the Unemployment Rate Rose While the Economy Added Jobs
The Department of Labor’s (DOL) seemingly contradictory report Friday that the nation’s unemployment rate had risen marginally to 5.9 percent, up 1/10th of a…
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End Useless Vaccination of the Immune
Six months ago, as the first vaccines were becoming available, I wrote, “Why Are We Vaccinating People Who Have Recovered From COVID-19?” Now that…