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Three consequences of Illinois’ interchange fee law
In my new CEI paper, I examine the Illinois Interchange Fee Prohibition Act and what policymakers can learn from previous efforts to restrict…
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Report: Government limit on credit card interchange fees undermines consumers, small businesses
A new Competitive Enterprise Institute report examines an Illinois law that will limit credit card interchange fees paid by merchants to the banks and credit unions that issue…
News Release
Federal Reserve moves to keep interest rates steady during its June meeting: CEI analysis
The Fed has decided to keep interest rates where they are, signaling the focus is still on economic uncertainty and asserting its independence…
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Op-Eds
Hoover Spent Big
Wherever did some Canadian economists get the strange idea that U.S. president Herbert Hoover “helped plunge his country into the Great Depression through austerity measures”…
Citation
Dodd Frank and the End of Free Checking
Op-Eds
Austerity Hardly To Blame
Re: “Harper rejects warnings austerity will spark recession,” The Journal, Sept. 28. Former U.S. president Herbert Hoover did not practice austerity, so it is…
Citation
Farewell Free Checking?
Op-Eds
Capital Gains Tax Far Too High
Warren Buffett was wrong to suggest that capital gains taxes are too low (“Calling Buffett’s bluff,” Comment & Analysis, Monday). They are actually much too…
Op-Eds
Today’s Red Tape Would Have Killed Home Depot’s IPO
Your editorial “The Anti-Solyndras” (Sept. 22) is right on target in detailing the devastating impact of the Sarbanes-Oxley Act of 2002 on job and…