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Want higher air fares? Overregulate credit cards
This morning, the Consumer Financial Protection Bureau and the Department of Transportation are holding a joint hearing “investigating” airline and credit card reward programs.
Blog
Biden’s veto of joint employer rule CRA a blow to small businesses
President Biden’s veto Friday of a Congressional Review Act (CRA) bill rolling back the National Labor Relations Board’s (NLRB) “joint employer”…
Blog
Subsidy-free capitalism may require a constitutional amendment
Automobiles, electrification, ample consumer goods and mass marketing, a construction boom, and access to credit helped fuel the Roaring Twenties of a century ago.
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America takes Entrepreneurship Index top spot, former Soviet bloc countries close behind
Retail software maker Shopify recently released its “Entrepreneurship Index,” a global ecosystem of entrepreneurial activity. Shopify ranks the top ten countries with economies that…
Blog
Market failure? Let’s talk about government failure
Government interventions in the market are often said to be justified by market failures, which prevent the free market from maximizing social welfare. What is…
Blog
Adam Smith’s ‘tolerable administration’ vs. America’s increasingly intolerable one
2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…
Blog
Senate Commerce hearing shows why some junk fees aren’t garbage
In his State of the Union address this February, President Biden reiterated his intent to crack down on so-called junk fees. Biden discussed…
News Release
Inflation Slows, Fed Actions Pay Off: CE Analysis
Consumer prices rose 0.1 percent in May (up 4 percent this past year), according new inflation data released today by the Labor Department. Inflation…
Blog
Biden Labor pick Julie Su claims she cannot recall her Prop 22 vote
Acting Labor Secretary Julie Su claimed multiple times Wednesday that she could not recall how she voted on California’s Proposition 22, the ballot initiate…
Staff & Scholars
Clyde Wayne Crews
Fred L. Smith Fellow in Regulatory Studies
- Business and Government
- Consumer Freedom
- Deregulation
Richard Morrison
Senior Fellow
- Antitrust
- Business and Government
- Capitalism and Free Enterprise
Fred L. Smith, Jr.
Founder; Chairman Emeritus
- Automobiles and Roads
- Aviation
- Business and Government
Ryan Young
Senior Economist
- Antitrust
- Business and Government
- Regulatory Reform