
Blog
Federal Highway Administration to Rescind Outdated Patent Rules
The Federal Highway Administration announced it will rescind its World War I-era regulation governing the use of patented and proprietary materials in federal-aid highway projects.

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Like Socialism, Financial Transaction Tax Doomed to Fail
In The Wealth of Nations, Adam Smith coins the four maxims of taxation: fairness, certainty, convenience, and efficiency. Smith’s maxims are used as a litmus…

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Feds: Gambling Fine, But Investing Too Risky
“In the risk reform debate, as in so many political debates, logic is often for losers.” So lamented Competitive Enterprise Institute founder and president emeritus…

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Antitrust Astroturf Activism
Not too long ago, I pointed out that antitrust regulation is often gamed by special interests and rent-seekers. A recent story in The Wall Street…

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Protect Consumers, But Let Debt Collectors Do Their Jobs
Debt collector seem to be the occupation everyone loves to hate, but without them businesses large and small—from banks to gyms to doctor’s offices—could not serve…

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Ex-Im Bank Reauthorization: Lesson in Institutional Design
For all its flaws, the Export-Import Bank’s charter gets an important thing right: the agency must be reauthorized every few years, or it will close.

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This Week in Ridiculous Regulations
The House passed a continuing resolution to avoid a federal shutdown until November 21st. The Senate will likely follow suit this week. The 2019 Federal…

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Progressive States Petition Court to Declare Trump Pre-emption Rule Unlawful
A California-led coalition of 24 states and three cities today petitioned the D.C. Circuit Court of Appeals to declare unlawful the Trump administration’s One National Program…

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VIDEO: Prosperity Is More Than Wages
In a new video for the PolicyEd channel, economist Russ Roberts takes on the popular—though misleading—narrative that ordinary working Americans haven’t made any real economic…

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Export-Import Bank Fight Not Over Yet
The Export-Import Bank’s charter is currently set to expire on September 30. If authorization lapses, the agency will shut down. On Thursday, the House passed…

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Trump Administration Terminates California’s Unlawful Power over Auto Industry
Today, the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) and the U.S. Environmental Protection Agency (EPA) took the first step towards finalizing…

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Ex-Im Bank Reauthorization: Major Victory against Cronyism, Despite Setback
Nobel laureate economist Ronald Coase wrote in his 1975 essay “Economists and Public Policy” that “An economist who, by his efforts, is able to postpone…

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In Its Stores, Walmart Behaves the Same Way Amazon Does and No One Cares
This week, The Wall Street Journal published an exclusive story detailing how Amazon uses its algorithms to prioritize its brands and products that are more…

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Wrong Again: 50 Years of Failed Eco-pocalyptic Predictions
Modern doomsayers have been predicting climate and environmental disaster since the 1960s. They continue to do so today. None of the apocalyptic predictions with due…

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UPDATE: Big Picture in ‘Vaping-Linked’ Lung Poisonings
Over the last three months, the news has been filled with stories of people falling ill from a mystery lung ailment supposedly caused by vaping.

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This Week in Ridiculous Regulations
Congress returned from recess, the Democratic presidential candidates had a debate, and the 2019 federal deficit topped $1 trillion with a month left to go…

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Greenpeace Disrupters Arrested for Shutting Down Houston Ship Channel
Ahead of the September 12th Democratic presidential primary debate, activists from the group Greenpeace were arrested after pulling a stunt that briefly held Houston commuters hostage…

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Policy Circle 4th Annual Leadership Summit Coming to Chicago
There are a lot of useful conferences, meetings, and conventions that fill our calendars, and one that we're especially looking forward to this year is the Policy Circle’s…

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Automaker Antitrust Investigation Wrong Way to Fight Cartels
Cartels need government support because they contain the seeds of their own destruction. Self-interested companies acting selfishly naturally undo their own cartels.

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Lead State in Big Tech Antitrust Suit Misleadingly Inflates Google’s Size
In The Wall Street Journal today, Texas Attorney General Ken Paxton, who is spearheading a multistate antitrust investigation into Google, made an egregious error.

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Unleash Markets to Reduce Traffic Congestion
Congestion is a persistent and growing problem facing America’s road networks. The challenge facing policy makers is how to address this growing problem. Given that…

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Getting My Bearings in Taipei: Personally and Politically
Key Insight of the Day: While not every aspect of life in Taiwan is dominated by the relationship with the People’s Republic of China, every…

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California to Eliminate Independent Work
Late Tuesday evening, the California legislature passed controversial legislation that would codify a state Supreme Court decision, which adopted a flawed test that effectively prohibits…

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Reform Proposal Addresses Cronyism in Government-Backed Mortgages
Earlier this year, the Trump administration issued an executive memorandum directing the Department of the Treasury to “develop a plan for administrative and legislative reforms” of…

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Sharing Insights and Observations from the Road: A Travelogue
This week I’m in Taiwan as a part of a delegation of free-market trade experts. I’ll write short posts for the Competitive Enterprise Institute team…

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Unknown Societal Costs of Imposing Regulation Based on Secret (or Creatively Leveraged) Data
From the food pyramid and dietary guidelines, to vaping policies, to the Progressive zeal for eugenics, humility-challenged administrative experts can be mistaken, can mislead, or…

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Trump Administration Pushes Back on California’s Fuel Economy Scheming
Since at least March 2018, the Trump administration and the state of California have been engaged in a legal and political struggle over the stringency…

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Study on Export-Import Bank: Repeal Is Best, Other Reforms Can Help
The Export-Import Bank is up for reauthorization by September 30. It should be shut down, as I’ve pointed out before, but reauthorization will almost certainly…

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Gene Editing Can Improve Health Outcomes for the Poor
Gene editing, specifically somatic gene therapy, cures maladies with traceable genetic origins. This revolutionary science is rapidly advancing, but not without major setbacks. Regulations designed…

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This Week in Ridiculous Regulations
Contrary to my earlier prediction, the number of new regulations this year did not pass 2,000 last week, ending the four-day week at 1,991. Meanwhile,…