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Electric grid reliability at elevated risk, new report warns
The North American Reliability Corporation (NERC) released its 2024 Long-Term Reliability Assessment Tuesday. This report examines the challenges the power grid will face over the …
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New England relies on oil to keep the Christmas lights on
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Free the Economy podcast: Changes in financial regulation and ESG with Hester Peirce
In this week’s episode we cover how Americans feel about their jobs, the minerals we’ll need to build the future, and lingering…
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Department of Education bails out of student loan bailout
For the second time in the past month, the Biden administration withdrew a proposed rule that CEI had opposed. The Department of Education has…
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CFPB Unfairly Targets Zelle
As part of a last-gasp effort by the Biden administration to punish legal businesses it disapproves of, the Consumer Financial Protection Bureau has sued…
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This week in ridiculous regulations: Marine ingredients and tips
The reconciliation bill process was more chaotic than usual. There were more than 100 new regulations this week, and more than 800 agency notices. The…
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Meta takes a unique approach to nuclear-powered data centers
Meta, the parent company of Facebook, Instagram, and WhatsApp, is soliciting bids from nuclear developers to deliver between one and four Gigawatts (GW) of nuclear capacity by the…
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New Jersey should rethink its nuclear power ban
Right now, the state of New Jersey has a significant amount of offshore wind power planned for the near future. As part of its net…
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Time to downsize presidential power
Over at InsideSources, I have a syndicated column arguing that the presidency has grown too powerful. The best parting gift President Biden could give…
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Free the Economy podcast: Mortgage market analysis with Mark Calabria
In this week’s episode we cover weaponization of financial regulation, the Kroger-Albertsons merger, and a spirited defense of ultra-processed foods. Our…
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Google case just the beginning of CFPB fintech power grab
There has been a bullseye on the Consumer Financial Protection Bureau (CFPB) ever since tech entrepreneur and venture capitalist Marc Andreessen called the agency out…
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Biden’s Fall 2024 Unified Agenda of regulations: The numbers, trends, and what’s next
The Biden administration’s Office of Management and Budget (OMB) dropped the Fall 2024 Unified Agenda of Federal Regulatory and Deregulatory Actions this past weekend.
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Nice dock. Big shame if you modernized it, Trump warns ports
President Trump has signaled that if East Coast dockworkers go on strike, he will back them instead of the ports. This increases the odds that…
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This week in ridiculous regulations: Natural grass marketing and arms trafficker registration fees
The 2024 Federal Register surpassed 100,000 pages for the first time ever, and the number of new regulations on the year passed 3,000. Agencies issued new regulations ranging…
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Congress shouldn’t rely on incomplete FTC PBM study
Lawmakers are making a last-minute push to regulate the practices of pharmacy benefit managers (PBMs) during the lame duck session. However, it would be a…
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Proposed student loan bailout rule makes no sense
As the Federal Register approached its previous record of 95,894 pages in a year (set in 2016), the Biden administration devoted a few more…
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Free the Economy podcast: Tax and budget showdown 2025 with Erica York
In this week’s episode we cover new climate disclosure rules for public companies, the case against price controls on credit card networks,…
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Schumer moves to lock in place Democrat-majority labor board
Senate Democratic leader Chuck Schumer is attempting to ensure that the Democrats retain control of the National Labor Relations Board, the…
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Can Trump’s DOGE team outmaneuver regulatory dark matter?
As Donald Trump prepares for a second term, his administration inherits a far more expansive regulatory state than it did in 2017. As explored today…
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DOL heeds CEI’s advice on apprenticeship rule
Rather like its chief, the Biden administration has moments of lucidity. When that occurs, it is entitled to a measure of praise. Praise, and perhaps…
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CEI submits comments on latest Biden administration dishwasher proposal
The Biden administration’s efforts targeting gas stoves received a lot of attention in 2023 and sparked an angry public backlash, but many other major…
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John Deere is the FTC’s latest corporate boogeyman
The Federal Trade Commission (FTC) has been investigating John Deere’s repair offerings for over three years now, as revealed in a filing made public…
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This week in ridiculous regulations: Lime emissions and stabilizing the Western Balkans
The 2024 Federal Register set a new all-time record page count on December 3. It surpassed 2016’s record of 95,894 pages with nearly a month to spare. Syria’s dictatorship…
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Kerry’s statements reflect the moral failings of climate extremism
Last week, John Kerry told a Harvard audience how he thinks we need to address climate change: “We need to get people to…
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Free the Economy podcast: The value of work with David Bahnsen
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US businesses brace for a triple climate disclosure burden
Thousands of US companies—both public and private—are bracing for an expensive wave of climate disclosure mandates. If regulators in the US and abroad have their…
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Biden breaks Federal Register record
Joe Biden’s administration has set a new Federal Register record with 96,088 pages as of December 3, 2024, surpassing the Obama administration’s 95,894 pages in…
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Free the Economy podcast: Big tech, antitrust, and the courts with Patrick Hedger
In this week’s episode we cover the DOGE effort to reform government spending, review survey results about US transportation choices, and…
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CEI has warned about debanking for 20+ Years – We were right
Over the last week, millions of Americans were exposed to the idea that their government has been encouraging banks to withdraw financial services from American…
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Fred Smith and the Hourglass of Market Evolution
Our much–loved CEI founder Fred L. Smith Jr. would often insist that we not refer merely to antitrust or antitrust policy, but…
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This week in ridiculous regulations: Milk marketing and sport fishing
It was a shortened week on account of Thanksgiving. Agencies issued new regulations ranging from fed cattle to general service lamps. On to the data: • Agencies issued 57 final regulations last week,…
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Circuit Courts split over the SEC’s regulatory treatment of proxy advisors
The Fifth and Sixth Circuits are currently split over the legality of the Securities and Exchange Commission’s (SEC) Proxy Advisory Rule. Depending on what…
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Republicans shouldn’t do anything lame in the lame duck
Next year is looking good for Republicans at the federal level. Control of the House, Senate, and the White House is a recipe for legislative…
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This week in ridiculous regulations: Pear handling and airport construction
CEI founder Fred Smith passed away at age 83. Few people were as effective as Fred in pushing back against regulatory excesses, and nobody did it…
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Thank you, Fred Smith
When I was fresh out of college, I attended a large classical liberal conference. After one day’s sessions wrapped up, I had dinner at a…
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At minimum, keep the de minimis import exemption
The US-China Economic and Security Review Commission has just issued its recommendations for China policy. One of them is to eliminate the de minimis…
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Concerning transmission provisions in the Energy Permitting Reform Act
As Congress enters its lame duck period, the Energy Permitting Reform Act of 2024, introduced by Senators Joe Manchin (I-WV) and John Barrasso (R-WY),…
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Free the Economy podcast: Political drinking with Jarrett Dieterle
In this week’s episode we cover student loans, revenue from tariffs, democracy in Hong Kong, and the impact of podcasts…
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Congresswoman Chavez-DeRemer is not qualified to be Labor Secretary
President-elect Donald Trump is considering Congresswoman Lori Chavez-DeRemer (R-OR) for the position of…
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From cuts to costs: Why federal paperwork keeps piling up
The Office of Management and Budget’s (OMB) release of the 2023 Information Collection Budget (ICB) paints a troubling picture of not just of growing federal…
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Biden overtime rule overruled
A Texas court last week threw out the Biden’s administration’s attempt to rewrite the rules for overtime. The court said that the Department of Labor…
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Swamp things: Why DOGE moving Beltway agencies to states isn’t deregulation
The Department of Government Efficiency (DOGE), expected to be established by president-elect Trump and led by Elon Musk and Vivek Ramaswamy, aims to slash regulations,…
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NLRB moves to silence employers during union drives
The National Labor Relations Board (NLRB), the independent federal agency that oversees union activity, ruled Wednesday in a case involving Amazon…
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Tariffs are lousy revenue generators
President-elect Donald Trump has proposed cutting income taxes and raising tariffs to replace some of the revenue. Economists of all political stripes have been…
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This week in ridiculous regulations: Mergers and mail
The 2024 Federal Register topped 90,000 pages and is now the second-longest ever, dating back to 1936, with more than a month still to go.
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The ‘Carbon’ Futures Trading Commission vows to decarbonize futures trading
The Commodity Futures Trading Commission (CFTC) recently approved one of its most controversial guidance document to date. Under this new policy, the CFTC will…
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Republicans should wait for real permitting reform in the new Congress
The 2024 election has dramatically shifted the political landscape, with Republicans securing control of both chambers of Congress and the White House. As Washington prepares…
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Free the Economy podcast: Debt and taxes with Jack Salmon
In this week’s episode we cover the death of ESG investing, next moves on regulatory reform, Wall Street enthusiasm for a…
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A blueprint for digital censorship in the US?
Internal documents from the Center for Countering Digital Hate (CCDH), as revealed by digital censorship journalist Matt Taibbi, showed that the group’s primary…
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Consumers benefit from access to Buy Now, Pay Later options
In a rapidly evolving retail landscape, with more and more commerce moving online, there has been a rise of financial technology (or fintech) tools. These…
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New CEI video: The case for big and small business in America
Some questions don’t have a correct answer. For example: What is the right size for a business? A new CEI video and website…
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Congressional lessons learned: Prioritize private risk capital investment
There is always a temptation for Congress to act during a lame duck session to show it is hard at work doing good for the…
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No more taxpayer dollars for environmental treaties until UN ends China’s developing country status
Most environmental treaties are a bad deal for the American people, and some are made worse by the fact that the United Nations (UN) classifies…
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Biden’s regulatory report is in, but key costs remain in the shadows
The election is over and among much else, federal regulations are emerging front and center for the incoming administration. While the federal debt sits…
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Biden’s 2024 Federal Register page count already second highest ever
We’ve not closed the Book of Regulation for 2024, Biden’s final calendar year in office, but we can mark a milestone nonetheless. The Federal Register…
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This week in ridiculous regulations: Cable pricing and outer space arms trafficking
Donald Trump won a second term. The change in power might mean a second regulatory midnight rush between now and the inauguration. An initial rush…
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Free the Economy podcast: Nuclear renaissance with Nick Loris
In this week’s episode we cover a new vision for the Securities and Exchange Commission, affordable housing in Hong Kong, and how…
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Voters okay higher minimum wages, balk at more radical ideas
The ironic thing about Donald Trump’s ‘Make America Great Again’ rhetoric is that it overlaps to a degree with old-school Democratic populism. This can be…
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New nuclear deals are good for technology and the power grid
Headlines over the last month have cropped up about technology companies signing various deals with companies in the nuclear power space. First Constellation Energy and…
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This week in ridiculous regulations: Human subjects and food paper
Republicans called Puerto Rico a “floating island of garbage” as a voter outreach tactic. Democrats got upset that a newspaper that generally supports Democrats didn’t endorse…
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Free the Economy podcast: Understanding the national debt with Thomas Savidge
In this week’s episode we cover whether Americans feel better off than they were four years ago, why we have more billion-dollar…
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A 2024 CEI HALLOWEEN SPECIAL: A new inventory unmasking federal agency guidance documents
In my new Halloween-themed article at Forbes, I explore the eerie expanse of federal agency guidance documents. We have to try to have a…
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The next president may face a ‘January Surprise’: Port strikes
The next president might face a test right as they are being inaugurated: a renewal of the International Longshoremen Association’s (ILA) strike against east coast…
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The origins and lessons of the ‘Satanic Panic’ of the 1980s
Moral panics are just one of those things that free societies seem to go through on a regular basis. The “satanic panic” was the big…
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The FCC’s curious curiosity about broadband data caps
With less than three months remaining in the current administration, the FCC has released a Notice of Inquiry (NOI) on broadband data caps. Data…
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New poll shows Pennsylvanians are concerned about energy affordability
A recent Commonwealth Foundation poll shows Pennsylvania residents are concerned about high energy costs and reliability. The poll, conducted in September, used a sample of 800…
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This week in ridiculous regulations: Nursing pillows and mobile driver’s licenses
One more week until election season is finally, mercifully, over. Agencies issued new regulations ranging from space exports to recreational fires. On to the data:…
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In honor of Free Speech Week, end all regulatory gag orders
Free Speech Week is an annual, nonpartisan celebration of the indispensable right to speak one’s mind. While every level of government is expected…
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The compliance crisis: Unveiling the regulatory loopholes agencies love
While federal regulatory reform is critical, it’s equally important that existing oversight laws be followed. Unfortunately, many of these laws are routinely disregarded, with little…
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Principles for the new administration: Leave old rules with old technologies
There will be a new administration in January regardless which party wins the election, making this a good moment to recall President Reagan’s advice…
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Kamala’s Opportunity Agenda for Black Men: Regulatory frameworks masquerading as economic help
Recent developments signal a troubling trend for America’s small businesses, one that could alter the nation’s entrepreneurial landscape in a big and detrimental way. The…
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This week in ridiculous regulations: Nuclear fuel and eagles’ nests
It was a four-day week due to Columbus Day/Indigenous Peoples’ Day. The terrorist group Hamas’s leader was killed by the Israeli military. The economics…
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House advances anti-ESG legislation on investments, pensions
The US House of Representatives recently passed a major ESG reform package that is on its way to the Senate. In a vote of…
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Free the Economy podcast: Freedom to farm with Bill Wirtz
In this week’s episode we cover a new ranking of state governors, reforms to emergency powers, new research on working from…
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AJR’s economics Nobel is a partial victory for institutions
This year’s economics Nobel Prize winners are Daron Acemoglu, Simon Johnson, and James Robinson. They are frequent collaborators, often collectively called AJR. Much of their…
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Next time, let’s try emergency powers that shrink government
As the nation deals with the aftermath of successive natural disasters, the need for a renewed debate on federal emergency powers is increasingly clear. While…
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Searching for a remedy that makes sense
The Department of Justice recently sent its proposed remedies to the federal judge who found Google guilty of illegally monopolizing web search. Specifically,…
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Free the Economy podcast: Removing barriers to abundance with Chris Koopman
In this week’s episode we cover our record-high budget deficit, green trade wars, and what US adults are watching on TikTok.
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CEI’s The Surge: Nuclear Supreme Court case, the ADVANCE Act, and more
If you are interested in analysis and perspective on current energy and environmental issues, then we encourage you to subscribe to this new publication and special…
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Nuclear sites ripe for development
A new study commissioned by the Department of Energy shows the potential for siting new nuclear reactors at existing and recently retired nuclear power plant sites across…
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Germany is smug about its energy errors
A tweet last week from the German Foreign Office doubled down on the country’s failing approach to energy. Germany decided to shut down its 17 nuclear…
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#NeverNeeded regulations hindering hurricane recovery
It may be time to revive the #NeverNeeded campaign to assist the Hurricane Helene and Hurricane Milton recovery efforts. The idea behind #NeverNeeded…
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UK closes last coal plant
For the first time in 142 years, Britain has no coal power plants. But what are they doing instead? Ratcliffe-on-Soar Power Station, Britain’s lone…
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This week in ridiculous regulations: Refrigeration products and off-road vehicle debris
Iran fired 180 missiles at Israel. Hurricane Helene devastated North Carolina. Longshoremen went on strike. The unemployment rate dropped to 4.1 percent. The…
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Longshoremen stood down when they realized wrecking the economy wasn’t popular
Thursday’s announcement that the International Longshoremen’s Association (ILA) was ending its strike at east coast and Gulf of Mexico ports after…
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White House has several options in dockworkers strike, none of them good
President Biden likes to call himself “Blue Collar Joe” and declare his support for union workers, but his administration has been…
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Free the Economy podcast: Reforming red tape in the states with James Broughel
In this week’s episode we cover striking dock workers at US ports, free-market innovation in healthcare, and the changing pattern of federal…
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Adam Smith on health policy
Today the Competitive Enterprise Institute published my OnPoint essay, “The Innovation Imperative: What Adam Smith Can Tell Us About Health.” This was adapted from…
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The real issue in the port strike: Automation
Most news reports on the east coast dockworker’s strike are focused on the issue of wages, which obscures the real reason for the strike:…
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This week in ridiculous regulations: Bent coins and Irish potato taxes
The leader of the Hezbollah terrorist group died in an Israeli military strike. The 2024 Federal Register is poised to reach 80,000 pages this week.
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Free the Economy podcast: How to sue the SEC with Nick Morgan
In this week’s episode we cover entrepreneurship in Africa, a lawsuit over “affordable luxury” handbags, and European deforestation rules. Our interview…
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Iowa’s ‘Lean-in’ approach to successful permitting reform
The State of Iowa has made significant strides in improving its environmental permitting processes, thanks to innovative reforms spearheaded by the state’s Department of Natural…
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Pen and phone power: How presidential documents are changing the rules
Presidential executive orders and directives have long played a pivotal role in shaping federal policies and regulations. As President Obama famously remarked in 2014, “I’ve…
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Teamsters non-endorsement: Outlier or sign of things to come?
The International Brotherhood of Teamsters’s internal poll on who to endorse in the 2024 presidential election was so lopsidedly in favor of Republican nominee Donald…
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Congress decides, not agencies: The significance of the REINvented REINS Act
It’s been repeated a million times that in our constitutional republic, lawmaking power belongs to Congress. But over the years, this authority has increasingly shifted…
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This week in ridiculous regulations: Pedestrians’ heads and avocado maturity
CEI celebrated its 40th anniversary at its annual Julian Simon Memorial Award Dinner. The Federal Reserve cut interest rates. Agencies issued new regulations…
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Switzerland should reverse its nuclear power plant ban
Despite nuclear energy’s myriad benefits, many countries—and several US states—maintain bans on the construction of new nuclear power plants. This phenomenon is especially puzzling in…
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Magatte Wade to accept Julian L. Simon Memorial Award and share her story at the CEI dinner
According to demographers, about one-quarter of the world’s population is expected to be African at the middle of this century. Many are currently quite poor. …
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House expected to consider legislation to block EPA’s ‘EV mandate’
This week the House is expected to consider a Congressional Review Act (CRA) resolution to overturn the Environmental Protection Agency’s (EPA) April 2024 rule…
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Free the Economy podcast: Economic mobility in the 50 states with Gonzalo Schwarz
In this week’s episode we cover poll results on corporate social responsibility, the plight of California landlords, hard times for cable…