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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…
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This week in ridiculous regulations: fireworks shows and cybersecurity subsidies
Russia destroyed a major dam in Ukraine, putting thousands of homes and a nuclear power plant at risk. Former President Donald Trump was indicted again.
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FTC, or ‘Fundraising Trade Commission,’ tries to shrug off a Supreme Court judgment
If you thought the Federal Trade Commission (FTC) was only coming after “big” business, think again. The FTC is targeting small and family businesses too. …