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
294 Costliest Rules in Biden’s Spring 2022 Unified Agenda of Federal Regulations
Unelected federal agencies personnel issue over 3,000 rules and regulations every year. That compares to a far lower number of laws passed…
Blog
This Week in Ridiculous Regulations
Happy Independence Day, everyone. The Supreme Court issued a major ruling on the separation of powers in the case West Virginia v. EPA. Agencies…
Blog
Supreme Court EPA Ruling A Warning Shot to Agencies like NLRB
The Supreme Court’s ruling in West Virginia v. Environmental Protection Agency that the EPA exceeded its authority under the Clean Air Act is…
Studies
The Case for Letting Crises Go to Waste
Executive Summary An Abuse-of-Crisis Prevention Act to reaffirm boundaries of politicians and the legislation they can pass has become necessary to the survival of limited…
The SEC’s Costly Power Grab
The concept known as environmental, social, and governance (ESG) investing has gained an increasingly high profile in recent years, with advocates producing a large volume…
Central Bank Digital Currencies Threaten Global Stability and Financial Privacy
Executive Summary As digital currencies go mainstream around the world, governments and international financial bodies are seeking to develop ways to regulate them. Some countries…
Blog
The FTC vs. the Right to a Fair Trial
The Food and Drug Administration recently proposed capping the nicotine in cigarettes, which will encourage many smokers to smoke more to get the same nicotine…
A Breakdown of Rules in the White House’s Spring 2022 Unified Agenda of Federal Regulatory and Deregulatory Actions
Since the early 1980s, federal departments and agencies have highlighted selected regulatory priorities in spring and fall editions of the Unified Agenda of Federal Regulatory…
DAOs: One Answer to Woke Corporations
Imagine a group of mothers upset about Disney’s opposition to a state parental rights bill in Florida. Instead of merely venting in a Facebook group,…
News
CEI Experts React to Supreme Court’s West Virginia v EPA Decision
WASHINGTON—In deciding West Virginia v. EPA today, the Supreme Court held that Congress never authorized the Environmental Protection Agency to regulate carbon emissions from…
FDA Juul Ban Bad for Public Health: CEI Comment
The Food and Drug Administration is on the verge of ordering Juul Labs Inc. to remove its e-cigarettes from the U.S. market, according to a…
CEI Report Proposes Legislation to Stop Future Congresses from Exploiting National Crises to Grow Government
WASHINGTON—The United States has been rocked by three major economic crises so far in the 21st century—the 9/11 terror attacks, the 2008 financial crash, and…
Op-Eds
Real Clear Markets
Blame Government, Not Bitcoin, for El Salvador’s Crypto Troubles
The Laser Eyes that have become a signature MEME of crypto enthusiasts are gone from El Salvador President Nayib Bukele’s Twitter profile—a likely…
Forbes
Biden Administration Releases Updated Regulatory Agenda
Apart from a one-time Obama-era glitch, federal agencies have highlighted selected regulatory priorities in Spring and Fall editions of the …
Washington Examiner
FDA’s Juul ban part of deadly war on nicotine
The U.S. Food and Drug Administration (FDA) today announced that it denied the application of Juul Labs, maker of the Juul e-cigarette, to market its…
Staff & Scholars
John Berlau
Senior Fellow and Director of Finance Policy
- 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
Adjunct 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