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
Three Reasons Tariffs Don’t Work
He just likes tariffs. President Trump’s decades-long love of tariffs comes from the heart. The intellectual arguments Trump and his aides use to justify his…
Questions for Kevin Warsh
Kevin Warsh is President Trump’s choice to succeed Jerome Powell as the Chair of the Board of Governors of the Federal Reserve System. Warsh’s credentials…
Ten Thousand Commandments 2026
Introduction Record federal spending and record-setting regulatory burdens often march in lockstep. New spending is straightforward to track, but regulations obliging the private sector to…
Blog
Free the Economy podcast: State budgets and bailouts with Thomas Savidge
In this week’s episode we cover promising new classroom technology, increasing productivity (and avoiding layoffs) with AI, and the repeal of the…
The Faster Labor Contracts Act would force workers into unions they never voted for
Unions and their allies in Congress say that the Faster Labor Contracts Act is needed to prevent businesses from endlessly delaying workers’ efforts…
The week in regulations: Onion marketing and refrigerator leaks
PCE inflation, which the Federal Reserve uses for its interest rate decisions, rose to 3.8 percent, nearly double the Fed’s 2.0 percent target. President Trump…
News
CEI Report: AI Industrial Policy Schemes Create “Misalignment by Design” and a New AI Welfare State
A new report from the Competitive Enterprise Institute contends the greatest risk associated with artificial intelligence is not technological misalignment but what author Wayne…
SEC seeks end to costly climate-related mandates
The Securities and Exchange Commission today proposed rescinding the costly, Biden-era rules mandating that companies provide climate-related information in registration statements and annual reports. The SEC cited a return to the agency’s core…
CEI leads coalition letter urging Senate action on regulatory reform bills
The Competitive Enterprise Institute today led a coalition letter to Senate Republican leaders urging passage of two important House-passed regulatory reform bills, the Guidance Out of Darkness (GOOD)…
Op-Eds
National Review
Three Arguments Against Tariffs
President Trump loves tariffs. The Americans paying them don’t. A recent CNN poll found that 65 percent of Americans blame Trump’s tariffs specifically for…
The Chicago Tribune
Springfield’s interchange fee ban takes a costly swipe at Illinois consumers
I have many fond memories of growing up in the Chicago suburbs, including eating out at Lou Malnati’s, visiting Chicago museums on weekends and tagging…
The Mortgage Note
Federal Court Rejects Costly Green Housing Policy
The Biden administration’s obsession with climate change has contributed to the housing affordability challenges Americans face today, and there are many harmful green policies…
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
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