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Bill banning Fed-controlled crypto a good first step, but Congress must do more for monetary freedom
On Wednesday, the US House Financial Services Committee is expected to vote on House Majority Whip Tom Emmer’s ‘‘CBDC Anti-Surveillance State Act,” aiming to prevent…
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Congress can say no to Bidenomics in shutdown showdown
The contentious fiscal year 2024 budget battle, which might result in a partial federal government shutdown, is unfurling precisely as the national debt is…
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Shareholder support for ESG proposals is falling
With the 2023 proxy voting season officially behind us, we can note a few trends in corporate governance that stood out. For one, it…
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This week in ridiculous regulations: milk losses and duck vehicles
Google’s antitrust trial started, and the Justice Department cited Russian antitrust actions to back up its case. The latest inflation numbers were a…
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Will polyester recycling become fashionable?
The Wall Street Journal ran a fascinating article last week on the future of innovation and technology, but it’s not about AI or semiconductors.
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22 months after we asked, the Food and Drug Administration answered!
Finally! Nearly two years after we asked, the government has finally told us what it was doing! Here’s what happened: We asked the Food and…
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The road to pork product serfdom
There are interesting developments afoot in the world of agriculture and livestock, as recently recounted in the pages of the New York Times. According…
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Free the Economy podcast: Supreme Court preview with Ashley Baker
In this week’s episode we talk about the long history of the Lewis Powell memo of 1971, innovation in textile recycling, how…
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UAW strike mostly a PR move
United Auto Workers President Shawn Fain is making much of the fact that the union is currently engaged in its first-ever strike against three…
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What I told Congress about the unlawful plan to ‘align’ NEPA with Biden Climate Targets
I testified today at the House Natural Resources Oversight Subcommittee hearing on “Examining Systemic Government Overreach at CEQ.” My testimony developed three main points…
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Will COVID-era work-from-home flexibility disappear?
The question of how many Americans are going to continue working remotely, post-COVID, is back in the news again (if, indeed, it ever left).
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United Auto Workers want a bigger slice of a shrinking pie
If the United Auto Workers go on strike this week – and as I write this it appears as though they will – it…
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August CPI: Rising energy prices hide underlying inflation progress
This month’s Consumer Price Index (CPI) is a jumble of numbers that look like they contradict each other. But they make sense on closer…
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The SEC’s anti-competitive assault against private fund advisers
The Securities and Exchange Commission is adopting new rules that radically redefine how investment companies are regulated, undercutting the ability of private fund advisers to…
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Biden admin blocks oil and gas leases in Alaska, hurting Alaskans and all Americans
The Biden administration took two aggressive steps in its war on energy last week. The US Department of the Interior (DOI) announced the cancellation…
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Under Biden, thousands of government guidance documents are becoming much harder to find
Laws passed by Congress get cataloged in the U.S. Code, while rules and regulations that incubate in the daily Federal Register land in the…
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This week in ridiculous regulations: crash test dummies and potato promotion
Congress returned from its August recess. It was a four-day week for the Federal Register due to Labor Day, but the Federal Register still grew…
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Senate needs to block USDA slush fund in its minibus bill
The House agriculture appropriations bill, which was favorably reported out of the Appropriations Committee, includes language to help put a stop to what has…
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The Powell Memo was good, actually
This week the Competitive Enterprise Institute published my study (co-written with my colleague Iain Murray) on the 50-plus year history of the…
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Free the Economy podcast: freedom and conservatism with Avik Roy
In this week’s episode we talk about the future of nuclear power, the possible end of remote work, and the complexities of…
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If you thought being on the road this past Labor Day weekend was unusually expensive, then you would be right
This August, according to Energy Information Administration (EIA) data going back to 1991, regular retail gasoline prices reached $3.84 per gallon. This marked the…
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Politicians take too much credit for good news
Over Labor Day weekend, Inside Sources syndicated an op-ed of mine arguing that politicians do not deserve credit for the economy’s post-COVID recovery. They…
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This week in ridiculous regulations: dairy donations and kiosk interpretations
The 2023 Federal Register topped 60,000 pages. Price controls are on the way for 10 common prescription drugs. Hurricane Idalia hit Florida. Culture warriors shouted…
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An invitation for union organizers to cheat in elections
The National Labor Relations Board has issued a new rule for union organizing elections that says the election will go ahead even when there…
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Climate policy deserves thoughtful discourse, not petty attacks: a response to Paul Krugman
Just because someone doesn’t support an extreme climate policy agenda, like the Inflation Reduction Act, doesn’t mean that they deny climate change is occurring. Science…
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Biden administration working overtime to regulate working overtime
The Biden administration issued a new rule this week that vastly expands of the number of workers covered by federal overtime rules. While some…
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Free the Economy podcast: Defend your points and miles with Bryan Bashur
In this week’s episode we talk about where our doctors come from in the US, what current inflation numbers tell us about…
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Why Congress needs to care about Biden’s ‘Circular A-4’ subterfuge
Proposed changes in the American government’s executive regulatory functions showcase a conflict of visions over separation of powers; over executive overreach; over the size and…
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Trump proposes 10 percent universal tariff
Everyone makes mistakes. It’s part of life. It’s not even necessarily a bad thing. If you’re the entrepreneurial type, mistakes are an opportunity to learn…
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This week in ridiculous regulations: walnut marketing and railroad dispatchers
The number of new final regulations this year topped 2,000, ending the week at 2,007. Economically significant regulations may be a thing of the…
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S&P Global downplays its ESG ratings. Will rival ratings firms follow suit?
S&P Global, a premier financial data company, has recently put an end to its quantitative environmental, social, and governance (ESG) rankings. Rather than issue…
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Are you ready for Jacobin the board game?
One of the most beautiful things about capitalism is that, wherever there is demand, there will be supply. Even though dedicated Marxists make up a…
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Free the Economy podcast: The ESG Agenda with Jack McPherrin
In this week’s episode we talk about job recruiters who lie to applicants, post-Covid reforms to the CDC, debunking socialist takes…
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EPA won’t rush ozone decision. Good. Now do the same for particulate matter.
On Monday, the Environmental Protection Agency (EPA) put an end to the possibility that it would soon revise the existing ozone standards. This was…
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‘Economically significant’ regulations: an obituary
I never thought I’d miss “economically significant” rules and regulations. But Joe Biden’s Executive Order 14094 (“Modernizing Regulatory Review”) has redefined “Significant regulatory action.”…
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How regulations crush small businesses and the poor
Today, the Senate Committee on Small Business & Entrepreneurship is holding a field hearing in Iowa on the topic of “One Size Does Not…
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This week in ridiculous regulations: baby bumpers and AI campaign ads
A wildfire in Hawaii killed more than 100 people. Donald Trump was indicted again. Meanwhile, agencies issued new regulations ranging from magnificent ramshorns to pasteurized…
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Free the Economy Episode 34: Permitting Prosperity with Daren Bakst
In this weeks episode we talk about labor union history, demands for a 4-day work week, YIMBY policy wins, and Reason’s…
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America’s insurance commissioners still pursuing bad investment charges that EU is scrapping
Last month, a significant development took place in Europe that so far has not been widely reported in the US, even though it will likely…
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How the Inflation Reduction Act takes aim at gas stoves
The American people have reacted very negatively to potential federal regulations targeting natural gas stoves in favor of electric versions. But beyond regulations, there…
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Inflation Reduction Act turns one, and wow that’s an ugly baby
As President Joe Biden celebrates the one-year anniversary of the Inflation Reduction Act (here’s the White House “Fact Sheet“) we…
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This week in ridiculous regulations: ice fog and pre-merger paperwork
Inflation more or less held steady. The FTC is reportedly getting ready to file an antitrust suit against Amazon. The Federal Register had…
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Don’t regulate AI. Defund it.
Just yesterday, Smart Home speakers were infuriating us with their confused and stubborn responses to simple questions. These days, the ascent of something closer to…
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America receives first debt downgrade in 12 years as history repeats itself
Fitch Ratings, a credit reporting agency, recently issued a foreboding outlook on America’s credit health. For the first time in 12 years, the United States…
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Work, dignity, and the common good
Many on the right (especially self-described “national conservatives”) say that there is no “dignified work” for Americans today. What they mean by this is,…
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Free the Economy Episode 33: Federal Trade Commission Failures with Kimberlee Josephson
In this week’s episode we talk about defending financial privacy, new polling on what Republican voters want, reactions to new employment…
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CEI warns EPA: Biden Blackout Plan is unauthorized, harmful, and unrealistic
In West Virginia v. EPA, the U.S. Supreme Court struck down the Obama administration’s Clean Power Plan, which was the Environmental Protection Agency’s (EPA)…
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Amazon doesn’t have a monopoly in everything
As the Federal Trade Commission (FTC) and the Department of Justice (DOJ) recently released their draft merger guidelines, Amazon has found itself in the…
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GOOD Act only first step in forcing federal agencies to come clean on guidance documents
Alongside the familiar profusion of notice-and-comment regulations, federal agency guidance can include memoranda, notices, bulletins, directives, news releases, letters; even blog posts and…
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New premerger filing rules raise costs for no benefit
In late June, the Federal Trade Commission (FTC) and the Department of Justice’s (DOJ) antitrust division proposed a new set of premerger notification rules.