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OpenMarket: Ryan Young

  • This Week in Ridiculous Regulations

    January 27, 2020
    The Federal Register had a four-day week due to Martin Luther King Day, but agencies still found time to issue new final regulations ranging from researching beef to propane tank arrangements.
  • How Antitrust Intervention Backfires

    January 22, 2020
    Antitrust policy interventions into the market rarely work as intended.
  • This Week in Ridiculous Regulations

    January 21, 2020
    In a busy week, President Trump signed Phase One of a trade agreement with China on Wednesday. On Thursday, the Senate ratified the USMCA trade agreement and began President Trump’s impeachment trial on the same day. New final regulations for the week range from wheeled stretchers to electronic detonators.
  • Senate Passes USMCA, Sets Bad Precedent for Future Agreements with China, UK, EU

    January 16, 2020
    The USMCA trade agreement passed the Senate today. USMCA is valuable damage control. Three years of unpredictable tariff increases, threats of increases, and diplomatic tensions will hopefully have more stability going forward. Unfortunately, USMCA is filled with trade-unrelated provisions and giveaways to business, labor, and environmental interests. Trade agreements should stick to trade issues.
  • Phase One Trade Agreement with China: Tariff Stability, at the Cost of Managed Trade

    January 15, 2020
    Phase One of a trade deal with China has enormous value as damage control against further tariffs, but it comes at a cost. The Trump administration has more than doubled total U.S. tariffs in its first three years, and other countries, including China, have responded in kind. Phase One’s signing hopefully marks an end to a tariff-first trade policy and its unpredictable implementation. But a ceasefire is not a victory. Massive tariffs put in place less than two years ago will remain in place, and risk becoming normalized.
  • Minimum Wages Rise Across the Country

    January 13, 2020
    Twenty four states rang in 2020 with minimum wage increases. Most of the increases are modest, so the tradeoffs will be, too. But there was curiously little discussion of those tradeoffs. The more than 50 increases that have just taken effect are all at the state and local level, but minimum wages will almost certainly be a significant campaign issue in 2020. Regardless of November’s election results, next year’s incoming Congress will likely attempt another increase next year.
  • This Week in Ridiculous Regulations

    January 13, 2020
    The new year started off with a literal bang, though as of this writing the worst Iran scenario seems to have been avoided. The Senate is poised to move on its two biggest items, impeachment and the USMCA trade agreement, though the timelines for both are uncertain. On the regulatory front, the 2020 Federal Register took just five working days to exceed 1,000 pages. New final regulations for the week range from air compressors to beef promotion.
  • This Week in Ridiculous Regulations

    January 6, 2020
    Happy New Year, everyone. We’re doing a slightly different format this week, on account of the new year starting mid-week. With just two days’ worth of data so far, year-to-date totals and annual projections for 2020 are not yet very informative.
  • How Much Federal Regulation Was There in 2019?

    December 31, 2019
    Happy New Year, everyone. Now that 2019 is in the books, we have some data on how much new regulation hit the books. Note that these numbers are preliminary and might change. The source for most of the numbers is Federal Register.gov. The page numbers counts are taken from the Federal Register’s daily digest email. Wayne Crews’ Ten Thousand Commandments also has abundant data.
  • Best Books of 2019: In Defense of Openness

    December 31, 2019
    Most policy proposals for fighting poverty are zero-sum. The best way to help the poor, the argument goes, is to take from the rich. Van de Vossen and Brennan argue instead for positive-sum policies, which make everyone better off. Why keep the pie the same size, when it could grow instead?

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