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
Blog
This Week in Ridiculous Regulations
Thanksgiving will be a little different this year. With the recent news about promising COVID-19 vaccines, next year’s turkey celebration should be closer to normal.
News Release
Comptroller Plan to Impose ‘Fairness Doctrine’ for Banks Goes Against Freedom of Association
CEI Senior Fellow John Berlau criticized a proposal by the Office of the Comptroller of the Currency (OCC) to impose a “fairness doctrine”…
Blog
Biden to Focus on Public Sector Unions First?
All indications are that the Biden administration will be the most pro-labor one since at least Harry Truman’s. Biden has promised to defer to labor…
Studies
Repeal or Reform the Jones Act
The COVID-19 pandemic has triggered the worst economic crisis since the Great Depression. Tens of millions have lost their jobs. Unleashing the innovation and productivity…
#NeverNeeded Price Gouging Laws Would Harm COVID-19 Response
Price gouging becomes a hot topic during every crisis. It has become especially topical during the COVID-19 crisis. Almost overnight, the need exploded for goods…
How to Make Sure Reformed #NeverNeeded Regulations Stay That Way
Policy makers at all levels of government have waived more than 600 regulations in response to the COVD-19 crisis.[1] Those rules were…
Blog
Can New York’s Hotel Industry Survive the Latest Union Victory?
Numerous New York City hotel owners are struggling to stay alive and their workers’ union isn’t exactly making it easy for them. In fact, there…
Americans have Grown more Centrist, So Should the Parties
This last election was not normal. Record voter turnout, different voting procedures, and polarizing candidates makes comparing this cycle to any other difficult. But looking…
This Week in Ridiculous Regulations
The 2020 election is finally, mercifully, over. Barring a surprise in the Georgia Senate runoffs, we will continue to have divided government. This arrangement typically…
News
Record GDP Numbers: Good News and Next Steps
Today’s GDP numbers are good news — but what policies will help people who still suffering and aid a fuller recovery? Ryan Young, CEI Senior Fellow:…
Senate Defeats Effort to Undo Reforms to 1977 Community Reinvestment Act
Senate Democrats tried unsuccessfully tonight to undo recent reforms made to the 1977 Community Reinvestment Act. CEI financial policy expert Matthew Adams explains why the…
Banning Common Refrigerant Would Impose Huge Costs on American Consumers and Businesses
The Competitive Enterprise Institute (CEI), joined by 19 free market groups, sent a letter to Senate Majority Leader Mitch McConnell opposing an amendment to the…
Op-Eds
Inside Sources
Drugs (Except Nicotine) Win on Election Day
Americans sent a clear message on Election Day that it is time to end the war on drugs. Every ballot measure to decriminalize or legalize…
Forbes
Some Trump Executive Orders On Regulation Need To Be Kept No Matter What
Some see federal regulatory intervention as unaccountable and unrestrained. That was and remains a key focus of the Donald Trump reform agenda. Executive orders addressing…
National Review
Free-Market Victories down the Ballot
The top of the ticket got most of the press, but for free-market enthusiasts, much of the real 2020 action was down ballot. As of…
Staff & Scholars
John Berlau
Senior Fellow
- Banking and Finance
- Deregulation
- Financial Regulation
Clyde Wayne Crews
Vice President for Policy and Senior Fellow
- Business and Government
- Consumer Freedom
- Deregulation
Sean Higgins
Research Fellow
- Deregulation
- Labor and Employment
Sam Kazman
General Counsel
- Antitrust
- Automobiles and Roads
- Banking and Finance
Kent Lassman
President and CEO
- Capitalism
- Deregulation
- Innovation
Marlo Lewis, Jr.
Senior Fellow
- Climate
- Energy
- Energy and Environment
Angela Logomasini
Senior Fellow
- Chemical Risk
- Consumer Freedom
- Energy and Environment
Michelle Minton
Senior Fellow
- Consumer Freedom
- Consumer Product Safety
- Consumer Well-Being
Iain Murray
Vice President for Strategy and Senior Fellow
- Banking and Finance
- Trade and International
Ivan Osorio
Editorial Director
- Labor and Employment
Ryan Radia
Research Fellow and Regulatory Counsel
- Intellectual Property
- Media, Speech and Internet Freedoms
- Privacy and Cybersecurity
Fran Smith
Adjunct Fellow
- Trade and International
Fred L. Smith, Jr.
Founder; Chairman Emeritus
- Automobiles and Roads
- Aviation
- Business and Government
Ryan Young
Senior Fellow
- Business and Government
- Regulatory Reform