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Ron Paul: Internet, RIP?

Even though the FCC ruled for net neutrality, Ron Paul believes it’s bad news that they ruled at all. This means that – without the vote of Congress, the peoples’ branch of government – a federal agency now claims the power to regulate the Internet. I am surprised that even among civil liberties groups, some […]

They charge as much as 300% interest and they exploit the poorest people who need loans.  Now the Obama Administration is planning on regulating them: The Consumer Financial Protection Bureau, created after the 2008 financial crisis, will soon release the first draft of federal regulations to govern a wide range of short-term loans. The rules […]

Is it too much government to regulate that workers in restaurants should wash their hands after bathroom breaks? Senator Tom Tillis says the market should take care of this issue. Tillis made the declaration at to the Bipartisan Policy Center, at the end of a question and answer with the audience. He was relaying a […]

No, it’s not Paul Krugman – though that would have been a good guess. Salon reports that this particular economist has apparently been blacklisted by government regulators because his candor, integrity, and outsideriness scares the bejeezus out of the entire financial industry. If the government were creating a new panel to advise on financial regulation, […]

OK, that’s a picture of a cronut, not a cromnibus, but there is no question about which one is tastier.  My latest column talks about why we had better get used to the type of horse-trading represented in the cromnibus though. The debate over the cromnibus will be replayed on a larger scale from October […]

My latest column from The Hill argues that if Republicans carry the Senate next week, President Obama will find it harder to issue regulations to protect the environment and public health. While we can expect that few pieces of legislation will make it through Congress and be signed by the president, one exception is the […]

Too Many Regulations?

That is the question I address in my latest Hill column: Businesses face a myriad of requirements from federal, state, county and local governments. Many of these regulations produce benefits that justify the cost of compliance. But collectively they may impose a hidden cost that could deter businesses from opening or stifle their growth. Regulatory […]

Combatting Corporate Flight

The Obama Administration yesterday made a significant announcement on deterring corporations from hiding their assets overseas: Treasury Secretary Jacob J. Lew announced rules on Monday that are aimed at making it more difficult for American companies to lower their tax bills by relocating overseas and that would wipe out the benefits for those that do. […]

Do Regulations Hurt The Poor?

Paul Ryan thinks so.  In my latest column for The Hill, I evaluate his legislation: Once benefits are included in a distributional analysis, and we recognize that most of the rules that would be deemed regressive also fail a more general benefit-cost test already in place, the number of regulations likely to be affected by […]

Republicans love to say that regulation is costing the economy billions of dollars and thousands of jobs.  But estimates are all over the place. …the cost of any particular regulation is often described differently by the agency, by outside parties, and by agency critics in Congress. For example, a regulation issued in 2012 curbing mercury […]

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