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    Conflict Minerals: Another of Dodd–Frank's Hidden Costs

    On Wednesday, the Securities and Exchange Commission (SEC) adopted a little-known section (and there are many) of the Dodd–Frank financial regulation bill that will end up doing the most harm to the people in the Congo that it purports to help. The Wall Street Reform and Consumer Protection Act, Title … More

    Court Strikes Down EPA's Abuse of Power

    A major component of the Obama Administration’s regulatory crackdown on fossil fuels was struck down Tuesday by a federal appeals court panel that ruled the Cross-State Air Pollution Rule “transgressed statutory boundaries.” The decision vacates a measure that otherwise jeopardized thousands of jobs and the reliability of the nation’s electricity … More

    When It Rains in Oregon, the State Owns the Raindrops

    Who owns the rain? That sounds like a silly question, but the answer may surprise you. If you live in Oregon, Oregon does. So what does that mean in practice? Well, if you live in Oregon and dig a pond on your own property without a license, and the pond … More

    The President Shouldn't Override the Congress on Cybersecurity

    The attempt to pass a comprehensive cybersecurity bill before the summer recess failed today in the Senate, 52–46. The Cybersecurity Act of 2012 was still not ready for prime time, despite several tries at moderating its more objectionable aspects. With this vote, cybersecurity legislation is not likely to move any … More

    Protectionism Shuts Down "Nathan's" Hot Dogs

    In recent years, this country has been plagued with an epidemic of over-achieving teenage entrepreneurs who refuse to waste their youth sitting in their parents’ basements playing video games. These youths are entering the marketplace in droves to peddle hot dogs and lemonade without any thought to what that kind … More

    The Right Road on Regulation

    Regulation is like the weather. Everyone likes to complain, but nobody does anything about it. That’s not true, however, of the House of Representatives, which today passed a fistful of reforms. The package is hardly the stuff of revolution, and few of the proposals will make their way on to … More

    Federal Regulation Strangles Chemical Security

    On Thursday, the House Appropriations Committee will meet to discuss the much-debated Chemical Facility Anti Terrorism Standards (CFATS) program, which requires that the Department of Homeland Security (DHS) establish security standards for facilities that produce, handle, or store potentially dangerous chemicals. Enacted in the aftermath of 9/11, the program was … More

    New Regulations Equal New Crimes: Congress’s Overreliance on Criminal Statutes as Regulatory Tools

    There is currently a bill before the Senate to establish a Concrete Masonry Products Board, the purpose of which is to “carry out a coordinated program of research, education, and promotion to improve, maintain, and develop markets for concrete masonry products.” The fact that the government feels the need to … More

    Competition Improves Cab Service for Riders

    It’s ironic that the front page of The Washington Post recently featured an obituary of long-time columnist William Raspberry on the same day it included a story warning that “D.C. cabbies fear being pushed out of business as earnings fall amid new rules, competition.” After all, Raspberry famously liked to … More

    Is Obama Turning the Economy Around?

    President Obama took to the national stage today and again repeated his claims that administration policies are producing a robust economic recovery. However, public opinion polls and recent election results underscore a very different perception: working Americans see an economy still deeply depressed in key sectors and much slower everywhere … More