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Sovereign wealth funds: Should governments invest in private businesses?
President Trump recently signed an executive order to study creating a sovereign wealth fund for the US government. If the proposal comes to pass,…

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Department of Education bails out of student loan bailout
For the second time in the past month, the Biden administration withdrew a proposed rule that CEI had opposed. The Department of Education has…

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Proposed student loan bailout rule makes no sense
As the Federal Register approached its previous record of 95,894 pages in a year (set in 2016), the Biden administration devoted a few more…
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Not With Banks, Not With Retailers, But With Freedom
In explaining my policy positions, I often find myself pointing out I am neither pro-business nor pro-bank, but pro-market. My Competitive Enterprise Institute colleagues and I…
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Detroit Bankruptcy Focuses Attention on Public Pensions
For people watching it from afar, the bankruptcy of Detroit — the biggest municipal bankruptcy in American history — may have brought a sense of…
Huffington Post
Want to Revive Glass-Steagall? Try This Wall of Separation Instead
A debate is raging on the left, the right, and even in libertarian circles on the best way to escape from the Too-Big-To-Fail quagmire. These…
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On Dodd-Frank’s 3rd Anniversary, “North Star” is Further Out of Reach
Over the weekend, President Obama hailed the third anniversary of the enactment of the Dodd-Frank “financial reform.” In his weekly radio address, the president…
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The Government’s Wasteful Obsession with Subsidized Homeownership
The government has spent vast sums of money promoting homeownership through subsidies, tax exemptions, and bailouts. For example, in prosperous Alexandria, Virginia, certain people who…
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The Economist on “the muddle-headed world of American public pension accounting”
As state governments across the nation struggle to address a public pension underfunding crisis they can no longer deny, The Economist is the latest…