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Fed Raises Federal Funds Rate
As expected, the Federal Reserve raised the federal funds rate by 75 basis points as part of its inflation-fighting efforts. Its target range will…
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FTC To Use Algorithms in Bid to Hobble Gig Economy
The Federal Trade Commission (FTC) has announced that it will use its “full authority” to investigate “unfair, deceptive, and anticompetitive practices” by so-called gig…
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The Founding Fathers and Free Trade
There is an ongoing small cottage industry of historical revisionism aimed at showing that America since its founding was friendly to protectionism and that this…
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America Needs an Emergency Declaration to End All Emergency Declarations
Last night President Biden declared on 60 Minutes hat “The pandemic is over.” “If you notice, no one’s wearing masks, everybody seems to…
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This Week in Ridiculous Regulations
CEI hosted its annual Julian Simon dinner on Thursday. The Consumer Price Index gave a mixed picture of inflation. A railroad strike was…
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FTC Goes Back to Bad ‘70s Policies in Motor Vehicle Dealer Rule
Last night at CEI’s annual Julian L. Simon Memorial Award Dinner, CEI celebrated the 1970s—both the fashions and the deregulation toward the end of the…