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Britain’s Treaty of Versailles
“Vote leave, take control” was the slogan of the “leave” campaign during the run-up to the vote on whether the United Kingdom should exit the…
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What Do the Midterms Mean for Big Tech?
For the big technology firms, the midterm elections were never going to change much. Whatever the result, they were going to face more scrutiny over the…
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August Brought 201,000 New Jobs, but Future Gains Threatened by Trade Restrictions
The U.S. economy added 201,000 jobs in August, the U.S. Labor Department announced today. Good news, but impending trade restrictions could put a damper…
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U.S. Should Re-engage with World Trade Organization for Everyone’s Sake
Last week, President Trump threatened to pull out of the World Trade Organization, which he called “the single worst trade deal ever made.” …
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Will New NAFTA Be More Protectionist or Less?
This week has seen some swift movement in the talks surrounding the renegotiation of the North American Free Trade Agreement (NAFTA). On Monday, the President held…
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Brexit Britain Provides Opportunity for New Style of U.S. Trade Agreement
Despite its reliance on raising tariff barriers as a weapon in trade negotiation, the U.S. will soon have the opportunity to negotiate a new free…
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World Trade: The Special Case of China
While free trade with all nations is the avowed goal of both free traders (as we outline in our paper, Traders of the Lost Ark)…
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Rediscovering a Moral and Economic Case for Free Trade
In our new paper, “Traders of the Lost Ark,” my Competitive Enterprise Institute colleagues and I attempt to articulate a strong moral and economic…
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New Jobs Numbers Suggest There’s More Work to Do on Free-Market Reform
At an unemployment rate of 3.9%, it should be expected that job growth will slow. Employers around the country are reporting that they are unable…
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The Platform Economy Can Change the World
Today, the Competitive Enterprise Institute launches its new video about the platform economy. Platforms are an ancient way of doing business—think of matchmakers, city fairs,…
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Continue Supply-Side Policies to Maintain Economic Growth
As my colleague Ryan Young says, four percent economic growth is wonderful news. It provides yet more evidence that free-market, supply-side policies work, and…
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Driving Innovation: Timbro Index Charts Scope of Global Sharing Economy
The Swedish think tank Timbro has published the first global index of the sharing economy. The Timbro Sharing Economy Index (TSEI) is the…
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Britain’s Brexit Challenge Gets Harder—and It’s Britain’s Fault
Leaving a regional trade bloc is much more difficult than entering it, as the United Kingdom is finding out. The European Union has integrated itself…
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It’s Magna Carta Day!
In a peaceful English meadow made riotous by armed camps, King John sealed Magna Carta, the Great Charter of English liberty, 803 years ago…
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It’s Not “Us vs. Them” at the G7 Meeting
Tit-for-tat retaliation for trade tariffs is a losing game for both sides. Exports are the way we pay for imports of the things we want.
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A New Bibliography for the Platform Economy
The future has arrived, and it is a radically different economy. Havas Media’s Tom Goodwin pointed out in 2015, “Uber, the world’s largest taxi…
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How to Encourage Tech Competition: Deregulate Finance
It’s May Day, and in the pages of the New York Times appears a paean to the halcyon days of the 1930s, urging a…
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More Evidence of Growth in February Job Figures
Today’s jobs numbers shattered expectations—313,000 new jobs in February against an expectation of 200,000. The numbers provide yet more support to the…
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Trump’s Recent Trade Decisions Could Spell Doom for the Economy
With President Trump’s announcement on steel and aluminum tariffs and his continued wrong-headed approach to trade policy, there are reasons to be concerned that a…
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Job and GDP Growth Numbers Signal Improving Economy
Today’s jobs numbers, which were modestly above expectations, are yet another sign that the economy is starting to pick up steam as a result of…
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Theory and Practice Argue We Should Abolish Antitrust Laws
Laws about competition should be restricted to laws preventing government from playing favorites. Government-erected barriers against competition or innovation need to be torn down. As…
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New Evidence on the Effects of Teacher Unions
At a time when minimum wage laws are causing opportunities for unskilled young people to disappear, it is all the more vital that education provides…
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The Top Five Reforms in Financial Regulation Needed in 2018
With the Consumer Financial Protection Bureau at last pulling back from its regulatory assault on the financial services industry, conditions are right for major…
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A Consumer Financial Protection Bureau Slush Fund?
While there are many reasons to criticize the Consumer Financial Protection Bureau (CFPB), it being assigned to enforce the nation’s financial consumer protection laws…
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Case of Mortgage Lender PHH Corp. Highlights CFPB’s Unconstitutional Abuses
The facts of PHH Corporation v. Consumer Financial Protection Bureau stand as a sharp example of the agency's ability to abuse its enormous power.
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Confessions of a Recovering Bureaucrat
Neither clarity nor efficiency in government has improved in the past eight decades.
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Treasury: CFPB’s Arbitration Rule Falls Short
The Department of the Treasury has released its analysis of the Consumer Financial Protection Bureau’s (CFPB) Arbitration Rule, which bans the use of…
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Overcoming Regulatory Barriers to Serving the Underserved
How many people are pushed to the fringes of the banking system by Dodd-Frank regulations? How will the CFPB's new regulations prevent the underserved from…
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Bank Regulator Report: ‘Arbitration Rule’ on Credit Cards Will Raise Costs on Consumers
A new report from the Office of the Comptroller of the Currency refutes the Consumer Financial Protection Bureau’s argument that its Arbitration Rule will have…
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One Solution to the CFPB’s Problems: Pass the Financial CHOICE Act
My new paper, The Case against the Consumer Financial Protection Bureau: Unconstitutionally Structured and Harmful to Consumers, which is out today, makes the case…