The primary focus of the Competitive Enterprise Institute since its founding in 1984 has been to promote deregulation. Government regulation of the economy blocks innovation and wealth creation. It also encourages damaging behavior such as rent-seeking and cronyism. Finally, it crowds out more effective forms of regulation such as market discipline.
The beneficial effects of deregulation were plain in the airline and freight rail industries. Deregulation begun in the Carter administration led to more flights at lower cost and to better rail infrastructure and much lower shipping costs. Yet, since the 1990s, successive administrations of different political stripes have piled on regulations, burdening the economy needlessly. We chart this problem every year in our Ten Thousand Commandments report.
The power of regulators now raises constitutional concerns. Regulators are often unaccountable, and their insulation from the checks and balances of the constitutional system suggests that they may in effect form a fourth branch of government. The use of guidance documents to avoid rulemaking procedures, for instance, can amount to government by decree. Deregulation is therefore essential to restore good constitutional order.
CEI advocates for both overall regulatory reform – changing the ways in which rules are made to make them more transparent and easier to remove – and for specific regulatory changes. Recent successes include recognition of our concerns in Executive Orders promoting deregulation and curtailing the use of guidance, and in the reflection of our comments in rules promulgated by agencies such as the Department of Labor and the Consumer Financial Protection Bureau.
Deregulation Issue Areas
Featured Posts
Allies
Antitrust and the Federal Trade Commission in 2023
Excerpt from Mark Jamison’s piece, Antitrust and the Federal Trade Commission in 2023 in the Washington Examiner. “Generally, Republicans have a limited appetite for…
Study
Terrible Tech Bills from the 117th Congress
Congress is considering an onslaught of legislation targeting the largest tech platforms in the U.S., addressing topics such as mobile apps, advertising, merger review,…
Blog
This Week in Ridiculous Regulations
The big news is that the Food and Drug Administration is poised to follow several other countries’ lead in approving one or more coronavirus vaccines.
Studies
The Environment, the Law, Markets, and the Path Forward
Introduction The Pharos Foundation at Jesus College, a constituent college of the University of Oxford, invited me to speak at an on-campus forum in May.
The Beauty of Regulatory Sunsets
Introduction In 2019, Idaho pioneered zero-based regulation (ZBR), an orderly approach to statewide regulatory reform. Like zero-based budgeting, ZBR starts with the presumption that existing…
Free the Appliances!
Introduction The Department of Energy’s (DOE) appliance efficiency standards program has been in place for decades, subjecting nearly every major home appliance to multiple rounds…
Blog
Free the Economy podcast: Mississippi renaissance with Douglas Carswell
In this week’s episode we cover housing abundance, capitalism’s approval rating, audits of state finances, and the consumer nostalgia of…
Tariffs and inflation: Response to latest CPI release
On February 13th, the Bureau of Labor Statistics’ most recent CPI release showed a 0.2 percent month-to-month increase for January and a 2.4 percent…
The most powerful monopoly isn’t a corporation: Introducing the Capitol Control Quotient
Policymakers often argue over whether capitalism works and how aggressively it should be restrained. But they rarely ask the more pertinent question: where, exactly, does…
News
21st Century Worker Act Aims to End Worker Classification Confusion
Today, Sen. Mike Lee (R-UT) introduced the 21st Century Worker Act, a much needed practical step to clear up persistent confusion surrounding worker classification under…
92,000 jobs were lost in February, turbulent labor market continues: CEI analysis
The latest Bureau of Labor Statistics’ report shows 92,000 jobs were lost in February, indicating a turbulent labor market. Given today’s report, attention will…
Environmental problems deserve free market solutions: Our Words
Today, the Competitive Enterprise Institute is pleased to publish CEI President Kent Lassman’s lecture entitled The Environment, the Law, Markets, and the Path…
Op-Eds
Issues and Insights
Who’s The Biggest Monopolist Of All? (Hint: It’s Not A Corporation)
Policymakers often argue over whether capitalism works and how aggressively it should be restrained. But they rarely ask the more pertinent question: where, exactly, does…
The Daily Economy
‘Violent Saviors’: William Easterly’s Book on Imperialism and Conquest
While framed as a book about economic development theory and the history of colonialism, William Easterly’s latest tome is actually something grander and more ambitious:…
The Washington Examiner
Despite its reluctance, tariff setting is the job of Congress — not Trump
The Supreme Court’s recent ruling against the legality of President Donald Trump’s tariffs was fundamentally about the rule…
Staff & Scholars
Kent Lassman
President and CEO
- Capitalism
- Deregulation
- Innovation
Clyde Wayne Crews
Fred L. Smith Fellow in Regulatory Studies
- Business and Government
- Consumer Freedom
- Deregulation
Ryan Young
Senior Economist and Director of Publications
- Antitrust
- Business and Government
- Regulatory Reform
Iain Murray
Vice President for Strategy and Senior Fellow
- Banking and Finance
- Trade and International
Devin Watkins
Attorney
- CEI Litigation
- Government Transparency
- Legal Studies
David S. McFadden
Attorney
- Law and Litigation
- Legal Studies
Marlo Lewis, Jr.
Senior Fellow
- Climate
- Energy
- Energy and Environment
James Broughel
Adjunct Fellow
Patricia Patnode
Research Fellow
- Banking and Finance
- Consumer Freedom
- Deregulation