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Regulators Should Rescind ‘Small-Dollar’ Loan Rule
The Consumer Financial Protection Bureau is one of the most controversial regulators in Washington, D.C. Since its founding in 2010 under the Dodd-Frank Wall Street…
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Regulatory Costs of Blurring Corporate and Government Roles
In keeping with the tradition of ignoring political failure in service of the administrative state, the economic and social effects of GSEs, or government-sponsored enterprises,…
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Focus Ride-Hailing Policy on Consumer Benefits, Not Protecting Competitors
As we pointed out last year when New York City attacked Uber, Lyft, and other ride-hailing firms by imposing an interim supply cap, politicians fighting…
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Federal Communications Commission Wisely Steps out of Way of Sprint/T-Mobile Merger
Today the Federal Communications Commission signaled it will likely vote to approve the merger of Sprint and T-Mobile.
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Costs of Antitrust Regulation and Institutionalization of Raising Competitors’ Costs
Antitrust policy is corporate welfare, a prominent illustration of how regulation, not just spending, enables and encourages transfers of wealth by force.
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REVIEW: ‘Honorable Business’ by Prof. James Otteson
I wrote up some initial impressions about the new book on business ethics, “Honorable Business: A Framework for Business in a Just and Humane Society,”…
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This Week in Ridiculous Regulations
The Game of Thrones finale aired last night, though the show’s less-plausible Washington spinoff appears set to continue indefinitely, and with a rather larger budget.
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CEI Petitions EPA to Correct 2009 Endangerment Finding
The Competitive Enterprise Institute on May 13th filed a request for correction under the Information Quality Act (IQA) that asks the Environmental Protection Agency to stop using or…
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Another Day, Another Blocked Pipeline into New York
The New York State Department of Environmental Conservation on May 15th rejected a natural gas pipeline that would have brought supplies into the state via New York…
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Trump Mostly Removes Steel, Aluminum Tariffs against Mexico, Canada: Barriers Still Higher than in 2017
The Trump administration is mostly lifting its steel aluminum tariffs on Canada and Mexico, effective 48 hours from today’s announcement. But metal tariffs will remain higher…
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VIDEO: Cheers to Food Truck Freedom
Congratulations to mobile food vendors Benny Diaz and Brian Peffer—and their attorneys at the Institute for Justice—for scoring a victory for freedom of food commerce…
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Credit Card Interest Cap Would Create Consumer Credit Bread Lines
Last Thursday Rep. Alexandria Ocasio-Cortez (D-NY), and Sen. Bernie Sanders (I-VT) teamed up to introduce a bill that only two democratic socialists could have dreamed up.
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Alice Rivlin, 1931-2019
Some economists do more than teach classes and write books. Alice Rivlin, who passed away this week, was proof. She was the first director of…
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New York Times Runs Stealth Anti-Vaping Ad as Op-ed
Readers of The New York Times deserve better than advertising masquerading as righteous opinion writing. While reporters at Times get credit for exploring and exposing…
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Good and Bad of Government’s Debt Collection Proposal
Earlier this month, the Consumer Financial Protection Bureau released a much-anticipated proposal to revamp the Fair Debt Collection Practices Act (FDCPA), a forty-two year old…
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White House Uses Discredited Complaints Tactic against Social Media Companies
My colleague Wayne Crews has already slammed the White House for a first step towards government regulation of online speech in its “tech bias” complaints…
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Boeing Pushes 100 Percent Tariffs on Airbus
Boeing, fresh off a victory in restoring the Export-Import Bank’s full lending authority, is floating the idea of a 100 percent tariff on Airbus aircraft…
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Regulators Find Uber Drivers to Be Independent Contractors
Determining the proper legal worker classification for an individual has become an arduous task. A major reason for the difficulty is a patchwork of federal…
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Australian Government Tempts Mortgage Crisis
It seems that Australia’s political parties are suffering from collective amnesia. After spending the earlier half of the year criticizing banks for abrogating their responsible…
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Can Trump Save Your Air Conditioner from the Deep State?
It happens every spring—on the first hot day, homeowners switch on their air conditioners that have sat idle since September, cross their fingers, and pray…
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Trade War State of Play: China, USMCA
If President Trump’s trade war has a single takeaway, it is this: Raising tariffs is an ineffective bargaining strategy. When the U.S. raises its tariffs,…
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This Week in Ridiculous Regulations
Facebook co-founder Chris Hughes called for breaking up the company; CEI’s Iain Murray and Kent Lassman explain why that’s a bad idea. CEI also released…
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‘Forefront of Opportunity and Abundance’—Sec. Pompeo’s Remarks to Arctic Council
On May 7th in Finland, U.S. Secretary of State Mike Pompeo participated in the eleventh Ministerial Meeting of the Arctic Council. The meeting “ended without…
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VIDEO: Report Card on Regulatory Reform
Earlier this week I had the good fortune to spend some time at the historic Mayflower hotel here in Washington, D.C. attending the Federalist Society’s 7th…
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Bloomberg Reporter Justin Bachman Gets Duped by TripAdvisor Front Group
I wrote back in November 2018 of the false, scurrilous, ad hominem attacks on Competitive Enterprise Institute Adjunct Fellow Fran Smith’s appointment as consumer representative…
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Breaking up and Regulating Facebook: Unfair, Un-American, Unacceptable
Facebook co-founder Chris Hughes, former publisher of The New Republic, argues in a long essay for The New York Times that the company should be…
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Hearing Discusses Boosting Union Coercive Powers
Democrats in Congress are pushing the Protecting the Right to Organize (PRO) Act H.R. 2474, which seeks to strip workers of long-held protections and bolster…
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Pop Federal Trade Commission’s Dangerous Facebook Trial Balloon
Facebook is reportedly negotiating a settlement with a powerful regulatory agency that would impose a new corporate structure, increase liability for one or more executives,…
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CEI Leads Free-Market Coalition to Dispel Passenger Facility Charge Myths
Today, CEI and seven other free-market organizations sent a letter to members of Congress aimed at dispelling myths circulating about the airport passenger facility charge…
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Re-Prioritizing Regulatory Reform
The 2019 edition of Wayne Crews’ Ten Thousand Commandments: An Annual Snapshot of the Federal Regulatory State is out now.
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Don’t Let Facebook Team up with Big Government to Censor the Web
Facebook’s expulsion of several controversial figures from its platform last week is an example of a company managing its own private property to what it…
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Trump Administration Ends Homecare Providers Dues Skim
Since 2000, state governments have diverted $1.4 billion from homecare providers and handed it to labor unions, according to the Freedom Foundation. For over a…
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This Week in Ridiculous Regulations
Not one, but two potential Federal Reserve Board nominees withdrew from consideration last week, and economic growth and unemployment remained in excellent health. Meanwhile, with…
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Trump Threatens New China Tariff with May 10th Deadline
On Sunday, President Trump announced via Twitter that if he does not approve of the results of this week’s U.S.-China trade talks, he will enact…
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Extinction Rebellion Heats Up UK Climate Ambition (or Rhetoric)
Spurred by David Attenborough’s global warming documentary, Extinction Rebellion protests, and homilies by teen activist Greta Thunberg, the United Kingdom became the first nation on Earth to…
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Congressional Democratic Leaders Meet with President on Infrastructure Bill
Senate Minority Leader Chuck Schumer, House Speaker Nancy Pelosi, and other congressional Democrats met with President Trump on April 30 to discuss an infrastructure package.
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House Passes Bill to Keep U.S. in Paris Climate Treaty
The House of Representatives on May 2 passed a bill that would prevent President Donald Trump from withdrawing the United States from the Paris climate treaty. Eighteen…
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Ex-Im Bank Revival?
Next week the Senate is expected to vote on new board members for the Export-Import Bank, which gives favorable financing terms to foreign governments and…
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House Democrats Introduce Union Gift Bag Bill
The Protecting Workers’ Right to Organize (PRO) Act puts the interests of labor unions over workers. Each provision of the bill either grants unions greater…
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The Economic Illiteracy of a 36 Percent Interest Rate Cap
Earlier this week, the House Financial Services Committee held a hearing on a draft bill that proposes to set a national 36 percent annual percentage…
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Republican Study Committee Releases 2020 Budget Proposal
Congress is supposed to pass an annual spending budget, though it rarely gets around to it. Instead, the government is usually funded through a mashup…
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Costs of Unequal Treatment of Citizens by Abandoning Negative Rights for a Positive Rights Framework
To many classical liberals (or libertarians), it is primarily the individual’s right of self-defense that is delegated to a government. We cannot unilaterally commence the…
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CEI Leads Coalition Urging Surface Transportation Board to Withdraw Proposed Switching Rule
Today, the Competitive Enterprise Institute (CEI) led a coalition of 20 other free market organizations urging the Surface Transportation Board (STB) to withdraw a harmful…
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Will Reforming Consumer Finance Regulation Cause a Recession?
Will reforming consumer finance regulation cause a recession? That is the claim of a recent article in The Hill. Yet, the article provides little evidence to…
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This Week in Ridiculous Regulations
While Washington’s “This Town” types geared up for the White House Correspondents’ Dinner, the rest of the country flocked to movie theaters for a much…
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New York City Enacts Its Own Green New Deal
New York City’s council passed the Climate Mobilization Act, a set of six bills, by a 45 to 2 vote on 18th April. Mayor Bill de Blasio signed…
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White House Moves to Strengthen Information Quality Act
The White House Office of Management and Budget on April 24th sent a memo to heads of departments and agencies updating guidelines for implementing the Information Quality…
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On Climate, Lindsey Graham Says GOP Ready to ‘Cross Rubicon’
Sen. Lindsey Graham (R-SC) told reporters yesterday at an Earth Day event in Dallas that congressional Republicans are “ready to cross the Rubicon” on climate…
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VIDEO: Government Should Not Regulate Social Media Content
Trends in social media have rocketed to the top of the national political agenda recently, whether in the desire of Sen. Elizabeth Warren (D-MA) to…
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How Julian Simon Defeats Thanos
“The universe is finite, its resources finite. If life is left unchecked, life will cease to exist.” With those simple words, the Marvel supervillain Thanos…