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
It was a short work week because of Thanksgiving. Meanwhile, agencies issued new rules ranging from blood lancets to crash test dummies. On to the…
Blog
Deregulate to Stimulate: 15 Republican Governors Launch ‘Operation Open Roads’ to Unclog Supply Chains
Some cheery holiday news reported in the Epoch Times: Fifteen Republican governors, led by Tennessee Gov. Bill Lee, have launched “Operation Open Road,”…
News Release
Thankful for Good Economic News on Jobs, Consumer Spending: More to Do
During Thanksgiving week, jobless claims dipped to 199,000, their lowest level in 52 years, when the country’s population was less than two thirds of…
Studies
How Plastics Benefit Wildlife and the Environment
Several proposals designed to end America’s so-called addiction to plastics are currently pending in Congress. They include the Break-Free from Plastics Act (H.R. 2238, S.
Ten Thousand Commandments 2021
View Full Report Here Ten Thousand Commandments is the Competitive Enterprise Institute’s annual survey of the size, scope, and cost of federal regulations, and…
The Protect the Right to Organize Act Empowers Unions at Workers’ Expense
View the Full Document as PDF The Protecting the Right to Organize (PRO) Act is touted by its supporters as advancing the rights…
Blog
The Invisible Hand, Not Washington, Is Easing the Supply Chain Crisis
The supply chain crisis is showing signs of receding. This is happening not because of any action by the White House or Congress. The market…
GOP Cannabis Legalization Bill Could Finally Surmount Partisan Divide
Even with the majority of Americans having supported cannabis legalization for nearly a decade, proposals to decriminalize the substance at the federal level have…
Biden Administration Seeks to Punish Stablecoin Success
Stablecoin market capitalization has risen by 500 percent in past 12 months. The growth aligns with growing interest in transacting outside heavily regulated banking…
News
Fed Chairman Powell Should Prioritize Getting Inflation Under Control
President Biden has re-nominated Jerome Powell to head the Federal Reserve, and CEI Senior Fellow Ryan Young expressed hope that Powell will make the politically…
Senators Should Reject Comptroller of Currency Nominee Saule Omarova
WASHINGTON – In a hearing today, Senators on the Banking Committee will consider the nomination of Saule Omarova to be Comptroller of the Currency. …
President Biden Signs Problematic Crypto Provisions into Law
WASHINGTON – President Joe Biden signed the bipartisan infrastructure bill into law today, including more than one trillion dollars in government spending. In addition to…
Op-Eds
Inside Sources
Minimum Wages Don’t Create Jobs
There are more than 10 million job openings in America right now. The worker shortage is contributing to goods shortages, rising prices and supply network…
Op-Eds
Big government spies on your bank account
REPOST: Drew Ferguson’s piece at the Washington Examiner, as part of their Restoring America Project The Biden…
The Diplomat
AUKUS Is Only Half the Equation
The United States and the United Kingdom’s recent decision to expand their Asian security presence has the potential to deter China, but Washington and London…
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
- Antitrust
- Business and Government
- Regulatory Reform