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The Paycheck Protection Act gives Congress a chance to defend the little guy
Freshman Missouri congressman Eric Burlison (R) has introduced legislation called the Paycheck Protection Act. The act, a project of the nonprofit American Legislative…
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Why are America’s insurance commissioners trying to import harmful European rules?
With high prices and the threat of recession looming over America’s economy, another threat is emerging. Influential policymakers overseeing the U.S. insurance industry are on…
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This week in ridiculous regulations: dishwashers and shore leave
The Federal Reserve raised interest rates again, and GDP grew at a healthy 2.4 percent annualized rate. Meanwhile, agencies issued new regulations ranging…
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Life lessons from Alfred Kahn, father of airline deregulation
“Wee, sleekit, cowrin, tim’rous beastie.” Alfred Kahn’s opening words during an American Bar Association session were strange and confusing. Why would a man known for…
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Good news about new business starts nationwide
The Economic Innovation Group has a fascinating report out this week on how we’re seeing a boom in new businesses being started – definitely a…
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Are we ready for a ‘Carbon’ Futures Trading Commission?
The Commodity Futures Trading Commission (CFTC) is testing the waters for its commodity-based carbon credit market. As an agency traditionally tasked with regulating commodities, the…
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No, Florida, you can’t sue corporate directors for ‘going woke’
Recently Florida Gov. Ron DeSantis called on the Sunshine State’s pension fund manager to consider action against Bud Light’s parent company, Anheuser-Busch InBev. In a…
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CEI Hill event shows how the FTC is burdening small businesses
Many have praised Lina Khan, chair of the Federal Trade Commission (FTC), for her commitment to regulate “big business.” Under her leadership, the FTC…
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Raise the Wage Act reintroduced, still wouldn’t help workers
Rep. Bobby Scott (D-VA) has reintroduced the Raise the Wage Act, which would raise the federal minimum wage from $7.25 per hour. Previous…
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Free the Economy Episode 31: Reforming the States with Carrie Conko
In this week’s episode we talk about the Federal Trade Commission’s takeover of AI policy, shareholder lawsuits against “woke” corporations, an encouraging…
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Hollywood and the collateral damage of strikes
The current Hollywood strike by writers and actors has forced several others who don’t have an issue with the studios to stop working.
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Teamsters’ UPS win suggests more strikes coming
Tuesday’s announcement that the International Brotherhood of Teamsters and UPS have agreed on a contract is a likely sign that strikes and other union…
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EEOC finds something to do!
Rep. Ann Wagner (R-MO) introduced a sensible bill in Dec. 2022 providing that before issuing a regulation, the Securities and Exchange Commission must “clearly identify…
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Carbon tariffs are all pain, no gain
Europe recently introduced a carbon tax. The proposed PROVE IT Act would lay the groundwork for one in the United States. Over in the…
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CEI asks Supreme Court to overturn Chevron deference to regulators
Earlier today, the Competitive Enterprise Institute filed an amicus brief at the United States Supreme Court asking the Court to overturn Chevron. Our brief…
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This week in ridiculous regulations: soybean standards and pain medication limits
The FTC issued its new draft merger guidelines. Meanwhile, agencies issued new regulations ranging from milk marketing to Postal Service snitches. On to the…
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Congress is set to reauthorize the FAA. Should it?
The Federal Aviation Administration (FAA) Reauthorization Act of 2018 expires at the end of September. This week, Congress will consider H.R. 3935 (118). If…
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Free the Economy podcast: Ugh! Capitalism! with Jeremiah Johnson
In this week’s episode we talk about Democrat and Republican myths, corporate welfare in Ohio, scams in the carbon offset market,…
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House Republicans continue to grill the FTC for its overreach
The House Judiciary Committee held a hearing on Thursday of last week entitled “Oversight of the Federal Trade Commission.” Lines of questioning were heated…
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CEI leads coalition opposing crazy regulatory crackdown on dishwashers
The American public remains angry over federal meddling in gas stoves – for good reason, given that not one but two Biden administration regulatory agencies…
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Foreign currency manipulation is a red herring
Trade policy is finding its way back into the spotlight thanks to the 2024 election campaign. Both the Biden administration and GOP presidential…
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Actors and writers unions are fighting technological change. Expect change to win.
The current strike by Hollywood writers and actors is a reactionary, rear-guard effort against changes in technology. The members of the WGA (Writers Guild of…
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This week in ridiculous regulations: nuclear debt collection and high airports
The FTC lost another major antitrust case, this time its bid to stop the Microsoft-Activision merger. CPI inflation dropped to 3 percent, though…
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Republican Working Group issues first critical report against ESG
Last month, the Republican Environmental, Social, and Governance Working Group (ESG Group) unveiled an interim report outlining GOP efforts to combat the ideological subversion of…
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Free the Economy podcast: School Choice for Everyone with Ed Tarnowski
In this week’s episode we talk about trends in self-employment, how rent control leads to more evictions, empty corporate gestures on…
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Congress should vote no on the Railway Safety Act, says coalition
The Competitive Enterprise Institute and the Rio Grande Foundation today sent a coalition letter to Congress expressing serious concerns with the Senate’s Railway Safety…
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Fighting extreme climate policies must happen now
There’s no need to make slippery slope arguments when it comes to analyzing the policies pushed by climate alarmists. There’s a simple reason why: We…
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The Teamsters want UPS drivers to go on strike
UPS’s drivers will likely go on strike at the end of the month. It would be a huge disruption to the broader economy – and…
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Regulatory reform in the 118th Congress: The Regulatory Transparency Act
The current regulatory approval process lacks transparency and objectivity. While past executive orders and Office of Management and Budget (OMB) directives require that economically…
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This week in ridiculous regulations: NASA designations and automatic braking
It was a four-day work week due to Independence Day. Meanwhile, agencies issued new regulations ranging from pot catchers to viticultural areas. On to the…
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Don’t believe the ‘cost-of-thriving’ doom
There has been a lot of discussion in the last several years – and even more so in the last few weeks – about income…
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Free the Economy podcast: teaching capitalism with Allen Mendenhall
In this week’s episode we talk about the cost of thriving in America, the incredible expanding CHIPS Act, and occupational licensing…
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What I told the EPA about its illegal de facto electric vehicle mandates
Yesterday I submitted comments to the Environmental Protection Agency (EPA) on its proposed greenhouse gas (GHG) emission standards for model years (MYs) 2027-2032…
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Biden admin plans to rig cost-benefit analysis, boosting federal regulations
When the Biden administration took office, one of its first actions was to order a series of updates to the federal rulemaking process, all under…
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Big tech firms pushing AI regulation are not seeking the public interest
Large Language Models (LLMs) have taken the internet by storm thanks to programs like OpenAI’s ChatGPT and Microsoft’s new Bing chatbot. These are opening up…
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Local zoning boards are not democracy
At the Competitive Enterprise Institute, we have often discussed the need to reform zoning, permitting, and building regulations, so I was intrigued…
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This week in ridiculous regulations: historical captain permits and apricot marketing
The Supreme Court agreed to hear CEI’s Moore v. U.S. tax case in its upcoming term. It also handed down rulings in controversial cases…
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Adam Smith, George Washington, and the invisible hand in America
Although Adam Smith would have been 300 this year, his birth date is unknown, and his baptism date has shifted from different dates in June…
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Wall Street doesn’t want to come back to the office
The continuing saga of remote versus in-office work acquired a new data point recently when Bloomberg released its latest Markets Live Pulse survey, which…
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Supreme Court’s Janus case 5 years later: Workers are invoking their rights
A common argument made by unions and their allies is that workers want to belong to unions but that big business uses all manner of…
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Regulatory reform in the 118th Congress: The Regulation Reduction Act of 2023
Federal regulations will continue to grow, if the Biden administration’s recently published Unified Agenda is any indication. It lists 3,666 new rules currently in…
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Free the Economy podcast: importing talent with Connor O’Brien
In this week’s episode we talk about the major income tax case going to the Supreme Court, the looming death of ESG…
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Why Washington state has the highest gas prices
The price of gas in Washington State is currently the highest in the nation averaging $4.99 per gallon as of June 28, 2023. This…
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Bidenomics? Here are the 297 costliest rules in the president’s Spring 2023 Unified Agenda
Federal agencies issue thousands of rules, regulations and guidance documents every year compared to the relative handful of laws enacted by Congress.
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Adam Smith on how trade makes us better people
2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…
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Allergy sufferers to Congress: Please stop trying to help!
The Law of Unintended Consequences gained another data point recently. A bipartisan bill requiring products with sesame to be specially labeled has resulted in…
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Adam Smith and the wealth of America
2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…
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Hey Army Corps, stop delaying wetlands decisions!
Last month in Sackett v. EPA, the U.S. Supreme Court provided some much-needed clarity on what waters are regulated under the Clean Water…
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Regulatory reform in the 118th Congress: The ERASER Act
Our current regulatory state suffocates Americans with high costs. On a micro level, research by CEI Fred L. Smith Fellow in Regulatory Studies…
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No taming inflation without an independent Fed
Federal Reserve chairman Jerome Powell recently testified before Congress for the semi-annual Monetary Policy Report. The Fed has been under fire from both sides…
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Costlier cars help the poor, according to EPA
There is plenty of controversy surrounding EPA’s proposed new tailpipe and greenhouse gas emissions rules for model year 2027-2032 vehicles, ranging from whether the…
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The lethal impact of rising energy prices
Many of us are all too familiar with the grimace we make when we open our monthly utility bills. The soaring cost of energy is…
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This week in ridiculous regulations: reporting stolen drugs and nuclear tariffs
The 2023 Federal Register is on pace to be the third largest in its 86-year history, behind only Obama and Trump’s midnight rush years in…
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Progress in Congress for real civil forfeiture reform
For the last couple of years, I’ve been monitoring every change in the law in the United States in the area of civil forfeiture. Last…
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Another sustainable energy company is failing to sustain itself
CNBC’s “Sustainable Future” page reports today that “Siemens Energy shares plunge more than 37% as wind turbine worries deepen.” A “sustainable energy” company failing…
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House hearing warns of Biden’s admin’s ‘death by a thousand regulations’
The House Oversight and Accountability Committee held a hearing last week titled “Death by a Thousand Regulations: The Biden Administration’s Campaign to Bury America…
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Fed Chair Powell hearing: more to do on inflation
At his semiannual congressional testimony this week, Federal Reserve Chairman Powell hinted that the Fed likely is not done raising interest rates. This comes…
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Free the Economy podcast: online trust with Taylor Barkley
In this week’s episode we talk about a survey on work trends for finance bros, Delta’s questionable bid to become the first…
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Elephant in the elevator: How government manipulates the social cost of carbon to justify regulations
Four CEI colleagues and I each submitted comments this month on the Office of Management and Budget’s proposed update of Circular A-4—OMB’s…
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European Union says phones and tablets must be easier to break by 2027
The European Parliament agreed on new rules last week that would require smartphone and tablet manufacturers to make it easier for users to remove…
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Businesses flocking to states with lower taxes, better regulations
Experts on U.S. economic policy spend a lot of time looking at competition between states and how good tax and regulatory policy can help…
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Younger workers don’t favor full-remote work
Among people who follow the news on workplace (and workforce) satisfaction, the opinions of younger workers are often considered especially relevant, because we assume that…
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Das Adam Smith problem? Nein!
2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…
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America takes Entrepreneurship Index top spot, former Soviet bloc countries close behind
Retail software maker Shopify recently released its “Entrepreneurship Index,” a global ecosystem of entrepreneurial activity. Shopify ranks the top ten countries with economies that…
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This week in ridiculous regulations: tart cherry assessments and big cat safety
The House passed two regulatory reform bills, the REINS Act and the Separation of Powers Restoration Act. The Federal Reserve held interest rates steady. Meanwhile,…
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Here comes state capitalism. There go our liberties.
CEI’s own Wayne Crews told the Washington Examiner recently, “Everything from local tap water to space commercialization is being turned into a government project.”…
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Free the Economy podcast: growth and taxes with Alex Muresianu
In this week’s episode we talk about Gen Z and remote work, businesses moving between states, and inspiring evidence of human…
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Market failure? Let’s talk about government failure
Government interventions in the market are often said to be justified by market failures, which prevent the free market from maximizing social welfare. What is…
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Adam Smith on how to love and be lovely
2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…
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Is Biden admin disappearing a red flag for costly regulations?
Is the Biden administration trying to do away with the category of “economically significant” regulations altogether? Before this administration, an “economically significant” regulation was one…
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Court punts to FTC, freezing Microsoft purchase of Activision Blizzard
The Federal Trade Commission (FTC) took action Monday to stop Microsoft from purchasing the game developer Activision Blizzard. The FTC filed for both a…
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Adam Smith’s ‘tolerable administration’ vs. America’s increasingly intolerable one
2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…
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New Biden White House Agenda shows 3,666 rules in regulatory pipeline
The Spring 2023 Unified Agenda of Federal Regulatory and Deregulatory Actions has been released. A fall version of this twice-yearly document will also contain a…
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Senate Commerce hearing shows why some junk fees aren’t garbage
In his State of the Union address this February, President Biden reiterated his intent to crack down on so-called junk fees. Biden discussed…
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Time to shine more light on regulators’ ‘shadow boxes’
Accompanying presidential executive orders and memoranda are the numerous sub-regulatory proclamations of departments and agencies we like to call “regulatory dark matter.” Occasionally we…
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The real Adam Smith
2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…
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Why Trump and Biden are wrong to sweat a trade deficit
Do trade deficits make American workers worse off? Trade deficits occur when a country imports more goods than it exports, which the U.S. has done…
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This week in ridiculous regulations: fireworks shows and cybersecurity subsidies
Russia destroyed a major dam in Ukraine, putting thousands of homes and a nuclear power plant at risk. Former President Donald Trump was indicted again.
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FTC, or ‘Fundraising Trade Commission,’ tries to shrug off a Supreme Court judgment
If you thought the Federal Trade Commission (FTC) was only coming after “big” business, think again. The FTC is targeting small and family businesses too. …
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Congress should block Biden’s harmful environmental regulations with power of the purse
Congress shouldn’t sit back and watch as the Biden administration proposes and finalizes costly and harmful energy and environmental regulation. Instead, it needs to take…
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SEC just dismissed dozens of cases before its ‘not-quite courts,’ thanks to real court rulings
For over a decade, the Securities and Exchange Commission (SEC) has been forcing people into in-house quasi-judicial proceedings that lack the basic constitutional protections of…
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Free the Economy podcast: Immense economic costs with Scott Lincicome
In this week’s episode we talk about central bank digital currencies, bankers backing off of ESG claims, avoiding the mistakes of…
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Biden Labor pick Julie Su claims she cannot recall her Prop 22 vote
Acting Labor Secretary Julie Su claimed multiple times Wednesday that she could not recall how she voted on California’s Proposition 22, the ballot initiate…
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Activist securities regulators should worry as Supreme Court revisits Chevron doctrine
The U.S. Supreme Court recently issued a major announcement that may impose significant changes to agency statutory interpretation. The Court has agreed to hear…
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Rising small business regs may spur Senate to pass REINS Act
In a bid to restore congressional accountability over the regulatory enterprise, the 118th Congress this week is set to vote on the so-called REINS Act,…
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War over gas stoves heats up with two House votes today
President Biden’s administration has declared war on gas stoves, but today the House of Representatives is fighting back Two Biden administration agencies, the Consumer Product…
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Biden administration keeps making it harder to track government ‘guidance’ documents
Federal government “guidance documents” consist of agency memoranda, bulletins, circulars, administrative interpretations, letters, manuals, and so much more. These are not supposed to be regulatory…
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Lina Khan’s whole new level of economic bloodletting
The Biden administration in its Executive Order on Promoting Competition in the American Economy and, more pointedly, the Federal Trade Commission in many of…
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5 myths about Joe Biden’s crackdown on gas stoves
The Biden administration’s craziest idea yet? The assault on gas stoves. Second craziest? The lame attempts to deny it. Now that two bills…
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This week in ridiculous regulations: electric motors and small business loans
Congress and President Biden reached a debt ceiling deal. Texas attorney general and antitrust hawk Ken Paxton was impeached. Meanwhile, agencies issued new regulations ranging…
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SPPI-TV hit: How price controls endanger small dollar loans, boost loan sharks
In my first media appearance from the sleek new CEI studios at our offices in Washington, DC, I joined a great panel on the May…
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‘Passive-aggressive’ regulators are a growing headache for American business
“The Future of Independent Agencies: Fallout from Problems at the Federal Trade Commission,” was an event hosted by the American Enterprise Institute (AEI) to alert…
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Congress should stop the White House from rewriting ‘Circular A-4’
Barring an extension, next week (June 6) is the deadline for comments on the White House Office of Management and Budget’s …
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Free the Economy podcast: Capitalists of the world unite! with Richard Salsman
In this week’s episode, we talk about conservatives defending the D.C. swamp, Andrew Stuttaford’s warning about green land grabs, a new Heartland Institute report…
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Do more deregulation in debt limit deal
The internal GOP debate this week is over lower-case “d” default if a June 6 deadline for an increase in the debt limit is…
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Moore good news? CEI responds to government in landmark tax case
Earlier today, the Competitive Enterprise Institute filed a reply brief in the Moores’ case. A few weeks ago, the government argued that the Supreme…
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Debt deal’s PAYGO law won’t pay out. Here’s how to fix it.
In an effort to curb excessive government spending, a provision known as statutory administrative PAYGO (Pay-As-You-Go) has been introduced in the debt ceiling deal struck…
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Why is the debt ceiling deal helping to ban gas stoves?
When Biden-appointed Consumer Product Safety Commission (CPSC) commissioner Richard Trumka, Jr. announced last January that his agency was investigating gas stoves and that a…
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McCarthy-Biden debt-ceiling deal fully funds the climate-industrial complex
The deal to raise the debt ceiling announced Saturday by the White House and House Speaker Kevin McCarthy (R-Calif.) drops the provisions in the…
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Protecting private property in the Peach State
Institute for Justice communications manager Dan King brings us an infuriating but important story out of the state of Georgia. Property owners in the…