August 11, 2015 2:28 PM
The House has passed some key regulatory reform measures this year, including the REINS Act most recently (which stands for “Regulations from the Executive In Need of Scrutiny”) and the Regulatory Accountability Act.
REINS would require Congress to approve the largest agency rules before they are effective, while the RAA would boost regulatory oversight in numerous ways.
Relatively speaking when it comes to regulatory liberalization, the Senate has dragged its feet. An interesting new exception is Sen. Dan Sullivan’s (R-Alaska) RED Tape Act (S. 1944), where the RED stands for “Regulations Endanger Democracy.”
This bill is an interesting twist on some “one-for-one” measures that have had some success in Canada. For every rule imposed, one has to go.
In the case of Great Britain, it’s one in, two out.
It is a reasonable principle that any time an agency issues a regulation, it should remove a similar magnitude regulatory burden (or two) somewhere else. Rules have been imposed for decades with very little rollback taking place.
Here’s an NPR presentation on Canada’s one-in, one-out that is surprisingly favorable.
August 10, 2015 3:40 PM
Add it to the list of things that the government got wrong when it comes to nutrition: skipping breakfast may not make you fat. It turns out this apparent truism isn’t so true and the idea has only been in circulation for the last five years or so:
The notion that skipping breakfast might cause weight gain entered the Dietary Guidelines in 2010, during one of the reviews conducted every five years by experts to update its findings… [They] collected research on skipping breakfast. Some of it did, indeed, suggest that breakfast skippers may be more likely to gain weight.
But the evidence the experts on the Dietary Guidelines Advisory Committee relied on were observational. As Peter Whoriskey commented, “observational studies in nutrition are generally cheaper and easier to conduct. But they can suffer from weaknesses that can lead scientists astray.” And astray they went. When the Advisory Committee decided to enshrine their “breakfast-weight hypothesis” into the Dietary Guidelines, they cited only one randomized controlled trial, which found “no relationship with breakfast alone” and weight gain.
Last year, however, a team of researchers from Columbia University did a controlled trial to examine this breakfast hypothesis. They divided a large number of people into “oatmeal breakfast,” “frosted corn flakes breakfast,” and “no breakfast” groups. At the end of the trial they found that the breakfast-skippers lost more weight than the other groups.
August 10, 2015 1:20 PM
Today, CEI and other members of the International Alliance for Electronic Payments joined the Australian Taxpayers Alliance in submitting evidence to an Australian Senate inquiry into credit card interest rates and related matters. CEI has long been concerned about the effects of regulation on the payments card industry and helped found the International Alliance in order to help ward off these harmful effects all over the world.
August 10, 2015 11:43 AM
A jaunt down Route 151 in Virginia’s Rockfish Valley breathes life into Faulkner’s observation. For decades it was known simply as the valley’s “Main Street”—a stretch of pavement skirting the base of the Blue Ridge winding through small towns named Greenfield or Nellysford. Then things changed. What started with a single vineyard has transformed the Rockfish Valley Highway from a sleepy thoroughfare into what locals now call “Alcohol Alley,” reflecting the presence of wineries, breweries, distilleries, and even a cidery. With fermentation came opportunity, prosperity, and an improved community. Today, visitors from all walks of life flock to the region to enjoy what nature has to offer (including nature’s other offerings of hiking, fishing and skiing).
Making whiskey is but one piece of the Great Story of Spirits. The Big Picture is the story of incremental progress, of continual innovation by degrees and accidents. It’s the story of how something of value is perfected by many without being planned, organized, or controlled.
It’s a story focused on tradition. The essential distilling process has gone largely unchanged over centuries. I've seen it up close throughout Speyside and Islay and other Scottish regions, and of course along the Kentucky Bourbon Trail.
It is also a story of globalization and exchange. Distilling technology has traveled as peoples have migrated and settled in new places. At times, government intervention forced distilleries out of one region, only for them to spring up elsewhere to meet demand. James Anderson, driven from England by Parliament’s Scottish Whisky ban, immigrated to America, where he assisted George Washington in creating the renowned—and recently revived—Mount Vernon Distillery.
August 10, 2015 9:03 AM
As it zoomed past the 45,000-page mark, the 2015 Federal Register saw new regulations covering everything from space particles to raspberries.
On to the data:
- Last week, 71 new final regulations were published in the Federal Register, after 74 the previous week.
- That’s the equivalent of a new regulation every two hours and 22 minutes.
- So far in 2015, 1,946 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,201 new regulations this year, which would be several hundred fewer rules than the usual total of 3,500-plus.
- Last week, 1,586 new pages were added to the Federal Register, after 1,540 pages the previous week.
- Currently at 45,795 pages, the 2015 Federal Register is on pace for 77,882 pages.
- Rules are called “economically significant” if they have costs of $100 million or more in a given year. Nineteen such rules have been published so far this year, three in the past week.
- The total estimated compliance cost of 2015’s economically significant regulations ranges from $1.32 billion to $1.41 billion for the current year.
- 165 final rules meeting the broader definition of “significant” have been published so far this year.
- So far in 2015, 331 new rules affect small businesses; 51 of them are classified as significant.
August 6, 2015 3:13 PM
In the nation’s capital, many of us are eagerly awaiting tonight’s Republican presidential debate. There’s no question that it will be entertaining, but will we learn where the candidates really stand on anything? Will we get real answers about the principles they truly hold dear and the ones that are just political talking points?
Personally, I’m hoping that one of the three moderators (Bret Baier, Chris Wallace, and Megyn Kelly) will ask the potential commanders-in-chief how committed they really are to the principles ingrained in the Constitution. It’s particularly important that the candidates clarify their position on the Tenth Amendment. Traditionally, Republicans have been the party that upholds—at least in their rhetoric—the principle that powers not enumerated to the federal government belong to the states and individuals. But in practice, most of the candidates seem to have an ambivalent relationship with this part of the Constitution and often only appeal to the Tenth Amendment as a justification for their position on certain issues.
August 6, 2015 12:50 PM
We’ve all done it: shared a story about some study showing that chocolate is a weight-loss miracle food or a story about how KFC serves deep-fried rat before realizing—too late—we perpetuated an untruth. We spread an inaccurate, viral story and made everyone online a little dumber. Hopefully, such experiences make us a little more skeptical, a little less inclined to take hyperbolic headlines at face-value. You might have seen this infographic making the rounds lately, claiming to show “what happens to your body an hour after drinking a can of coke.” It’s the most recent example of why you shouldn’t always believe what you read.
August 5, 2015 12:59 PM
Today, the U.S. Senate is scheduled to vote on the Cybersecurity Information Sharing Act (CISA), which is a serious threat to civil liberties and privacy.
CEI’s Ryan Radia offered these thoughts:
CISA doesn’t provide any meaningful deterrent against government agencies using information they receive from companies in ways that exceed the uses authorized by the Act. Although CISA requires agencies to issue guidelines that are supposed to prevent the misuse of information shared under the Act, this is hardly reassuring. Agencies violate their own internal procedures and guidelines all the time with impunity, from the IRS to the State Department.
That’s why it’s critical that any cyber information sharing legislation include a provision that gives relief to individuals injured by governmental misuse of information shared by companies. In this Congress, and in the last two Congresses, the House passed cyber threat information sharing legislation that allowed injured parties to sue the government for damages (i.e., a waiver of sovereign immunity). Another approach to deterring misconduct, used in the Wiretap Act, would bar the government from using evidence in court that is derived from shared cyber threat information for purposes beyond those allowed by the bill. Either a waiver of sovereign immunity or a suppression remedy needs to be included in any bill that liberalizes information sharing, or else companies won’t be able to meaningfully ensure that the government doesn’t use information they share with it for impermissible purposes.
Read more on CISA:
August 4, 2015 6:46 PM
“Climate Rule Worse than We Thought,” Sen. John Barrasso (R-Wyo.) warned today in an email alert about EPA’s so-called Clean Power Plan (CPP). He explains:
The final rule cuts coal, which today provides about 39 percent of the country’s electricity, even more than the administration proposed in June 2014. The rule also relies heavily on renewables, which only provide five percent of energy today despite significant investments. And it eliminates the move to natural gas that created thousands of jobs across the country. This all means electricity bills will go up, and jobs will be lost.
August 4, 2015 9:47 AM
Don Boudreaux over at Café Hayek has just given a 2015 boost to a smart 2012 video from Learn Liberty on social cooperation in a free society. It’s worth spending another 3 minutes with, even if you’re one of the 1,394,608 people who have already seen it.
In this video, Prof. Aeon Skoble of Bridgewater State University highlights one of my favorite themes: a market economy involves not only economic competition, but also an impressive degree of voluntary cooperation, even between entities one would assume to be direct rivals.