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Roger Pielke, Jr. Debunks Biden Administration Social Cost of Carbon Estimates
Last Friday, the White House blog announced a “return to science.” How so? Federal agencies will henceforth be guided by “evidence-based estimates of the…
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Congress Should Read the Fine Print on Sami’s Law
Whether a person is an employee of an app-based ridesharing company like Uber or Lyft under U.S. law has been a major hot button issue.
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Africans Are Making Progress Controlling Locusts by Ignoring Greens’ Advice
As nations around the world struggle with COVID-19 and related economic lockdowns, African countries are fighting another plague: swarms of locusts. Massive crop damage during…
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Report: California’s Electricity Price-Boosting Environmental Measures Disproportionately Harm the Poor
A new report published by Next 10 and the University of California, Berkeley Haas School of Business, “Designing Electricity Rates for an Equitable Energy…
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Leveraging the Congressional Review Act to Shield Rather than Discipline Regulation
While the Congressional Review Act (CRA) was strongly bipartisan when it passed in 1996, supported by then-Sen. Harry Reid (D-NV) and others…
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This Week in Ridiculous Regulations
COVID-19 cases are finally in decline as vaccinations continue, to the point where there is reason for cautious optimism. Congress was busy with a stimulus…
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Alternate Minimum Wage Proposal Suggests Punishing Business Is the Real Goal
Fans of raising the federal minimum wage to $15 an hour have come up with a workaround for the Senate Parliamentarian’s ruling Thursday that that…
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Senate Energy and Natural Resources Committee Considers the Nomination of Rep. Debra Haaland to Be Secretary of Interior
The Senate Energy and Natural Resources Committee this week held a two–part hearing to consider the nomination of Rep. Debra Haaland…
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Federalist Society and SEC’s Roisman on Future of ESG, Corporate Governance
Yesterday the Federalist Society held an excellent virtual event on corporate social responsibility (CSR) and environmental, social and governance (ESG) theory, addressing “the divergent…
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Are Democrats All or Nothing for a $15 Minimum Wage?
Can congressional Republicans bid down the Democrats’ and Biden administration’s push for a $15 an hour minimum wage? That’s what Republicans lead by Sens.
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Why Biden Cannot Simply Revoke Trump’s Executive Order 13891 Requiring the Discipline of Guidance Documents
President Joe Biden’s progressive agenda shapers have prepped dozens of executive orders for him to autograph during his first few days in office. Prominent among…
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The Regional Differences Argument against a $15 Minimum Wage
The strongest political argument against increasing the federal minimum wage is the regional differences argument. Basically, while a $15 minimum wage might not be a…
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Prescription Drug Price Controls are a Trump Legacy Worth Eradicating
During his first month in office, President Biden has seemingly been more interested in eradicating Donald Trump’s legacy than pushing his own proposals, though…
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California’s Khanna Says Businesses that Cannot Pay $15 Wages Are Dying Anyway
California Congressman Ro Khanna has a message for businesses that say they cannot afford to pay a $15 minimum wage an hour for their workers:…
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Biden Should Choose Science over Politics and Embrace Tobacco Harm Reduction
Will the new Biden administration choose science over politics? The commandment to “believe science” has become a rallying cry, one echoed by Joe Biden…
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Biden Administration Presses Forward with Attack on Gig Economy Companies
The Biden administration last week continued its effort to help its union allies by officially withdrawing a Trump-era Labor Department guidance letter to businesses…
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This Week in Ridiculous Regulations
It was a four-day week due to Washington’s Birthday (see my colleague John Berlau’s recent book, George Washington, Entrepreneur). The Perseverance rover landed on…
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UK Court Ruling on Uber will Mean Fewer, More Expensive Rides, and Fewer Jobs
Today, the Supreme Court of the United Kingdom ruled on an important question as to whether certain drivers who work with Uber are entitled to…
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Biden Picks Top Union Attorney to Enforce Labor Rules
The Biden administration announced this week that it was nominating Jennifer Abruzzo to serve as acting general counsel for the National Labor Relations Board…
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Federal Fleet Again to Become Guinea Pig for Alternative Vehicles
Among the long list of announced climate-related measures, the Biden administration has set a goal of “clean and zero-emission vehicles for Federal, State, local,…
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Crop Protection Products on the Chopping Block under New EPA Leadership
The Biden administration is poised to start reversing Trump administration policies that were designed to ensure farmers have continued access to critical pest control…
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This Week in Ridiculous Regulations
Former President Trump’s impeachment trial was the big new story, though there is little suspense about the outcome. Meanwhile, agencies issued new rules ranging from…
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Young Investor’s Tragedy Should Not Cancel Robinhood and Other Fintech Investing Apps
Since the Gamestop-Reddit frenzy, the FinTech investing app Robinhood has taken a lot of arrows. Those who decried the stock market rallies blamed Robinhood for…
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CBO Restates the Obvious: Raising the Minimum Wage Costs Jobs
The nonpartisan Congressional Budget Office (CBO) on Monday reaffirmed something we already knew but that bears repeating: Higher minimum wages costs jobs. The CBO’s…
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Study: Electric Vehicles Driven A Lot Less Than Previously Assumed
A recently published study finds that electric vehicle (EV) owners drive them considerably less than previously assumed. This finding, if true, would greatly undercut claims about…
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Upcoming CEI Event: Bart Wilson on The Property Species
At noon ET on Thursday, February 11, CEI is hosting an event with the experimental economist Bart Wilson, author of The Property…
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This Week in Ridiculous Regulations
The Senate passed the big budget reconciliation bill last week on a 50-50 tie broken by Vice President Harris. This week will see the impeachment…
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Bayer Spends Billions to Save Essential Tool for Farmers
Bayer Agrosciences is spending billions of dollars with the hope of keeping the herbicide known as Roundup on the market despite thousands of lawsuits alleging…
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EPA’s Transparency Rule: Post Mortem
Montana District Court Judge Brian Morris on February 1 vacated the Trump administration’s Science Transparency Rule. The judge’s decision was a victory for…
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Proposed European Tech Regulations Will Backfire, Badly
The European Union recently proposed two major tech regulation bills aimed at America’s tech industry, the Digital Markets Act (DMA) and the Digital…
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January Jobs Gain Threatened by Prospect of Minimum Wage Hike
The Labor Department’s report Friday that the unemployment rate was 6.3 percent in January, down 0.4 points from the previous month, is good news that…
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Biden Administration Begins Bid to Create Nationwide Version of California’s AB5
On the same day that President Joe Biden’s nominee for Labor Secretary, Boston Mayor Marty Walsh, told a Senate committee that he would…
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New Legislation Aims to Give More Power to Antitrust Enforcers
Today, incoming head of the Senate antitrust subcommittee, Sen. Amy Klobuchar (D-MN) introduced the Competition and Antitrust Law Enforcement Reform Act. The contents of…
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The New CFPB Leadership Should Avoid Rate Caps on Small Dollar Loans
With new leadership at the Consumer Financial Protection Bureau (CFPB), there is rising concern that there will be renewed attempts to cap effective interest rates…
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Electric Vehicles Are as Inevitable as … Cellulosic Biofuels
Americans are increasingly hearing the “I” word when it comes to electric vehicles—inevitability. Proponents insist that they make too much sense for consumers and…
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Questions for Marty Walsh
President Biden’s pick for Labor Secretary, Boston Mayor Marty Walsh will get his first Senate hearing on Thursday. Walsh is a former union head…
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Why Repealing Section 230 Will Hurt Startups and Medium-Sized Online Businesses
As Democrats and Republicans seek to rein in Big Tech, Congress is reviewing legislation to repeal Section 230 of the 1996 Communications Decency Act (CDA),…
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This Week in Ridiculous Regulations
As the new administration settles in, it appears they will continue many Trump administration policies, such as “Buy American” provisions and trade protectionism. Meanwhile,…
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Respect, Don’t Restrict, Retail Investors
Watching the wild gyrations of the stock market this week—and some of the reactions to it—brings to mind Ronald Reagan’s observations of the bureaucratic mindset…
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CEOs Join Davos Wonks to Launch New Corporate ESG Disclosures
Axios’ “cheerful iconoclast” Felix Salmon reported earlier this week on an agreement by dozens of major corporations to support a new system of…
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President Biden’s Climate Day: The Entire Federal Government Will Be Focused on the “Climate Crisis”
Climate was the White House’s theme for January 27. President Joe Biden gave a major speech and signed two Executive Orders. Top climate advisers…
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Biden Administration Initiates Steps to Submit Kigali Amendment to Senate for Ratification Vote
While the Biden administration’s reentry into the Paris Accord received most of the attention, another climate-related international measure also got a jump start after stalling…
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BlackRock’s Larry Fink: Fight COVID with Climate Activism
Larry Fink, CEO of mega asset management firm BlackRock, has released his annual pair of letters—one to the CEOs of companies that BlackRock holds…
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Feeding the Hand that Smites: Union Leaders Protesting Biden’s Cancellation of Keystone XL Pipeline Endorsed Him Despite Campaign Pledge to Kill the Project
One of President Biden’s first official acts on Inauguration Day was to rescind the construction permit for the Keystone XL pipeline (KXL). Although canceling the…
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Be Skeptical of Studies that Say Minimum Wage Hikes Are Painless
Do economists downplay the negative findings in their research on the minimum wage? That’s the implication of a new working paper on the issue for…
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New President, Same Bad Policies
The Trump administration’s trade war gave economics teachers countless real-world examples of bad policy they can use in the classroom. A new open letter…
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President Biden Moves Quickly to Unleash Regulatory Juggernaut
Not being distracted by the usual enjoyable folderol of inaugural parades and balls meant that President Joe Biden had time in his first day in…
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Has the Honeymoon Already Ended Between Biden and Trade Unions over Keystone XL?
It didn’t take long. On his first day in office, President Biden revoked the federal permit granted by Donald Trump for the Keystone XL pipeline,…
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This Week in Ridiculous Regulations
President Biden was inaugurated on Wednesday. With the usual end-of-administration midnight rush now over, things will likely slow down. It takes time for new appointees…
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Gensler Agenda at SEC Bears Close Watching
President Biden has chosen former head of the Commodity Futures Trading Commission Gary Gensler as his nominee to be chair of the Securities and Exchange…