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    A Cybersecurity Executive Fiat Is a Very Bad Idea

    There are reports circulating that the White House has drafted an executive order to implement cybersecurity regulations. Congress—the representatives of the people— could not come to a sufficient level of agreement needed by the Constitution to pass the Cybersecurity Act of 2012. Now, a few Senators say they know better … More

    President Obama, Chief Investor: Leave Energy Upgrades to the Businesses

    Reading President Obama’s latest Executive Order (EO) on industrial energy efficiency, one would think American companies were not interested in saving money and gaining a competitive advantage: While our manufacturing facilities have made progress in becoming more energy efficient over the past several decades, there is an opportunity to accelerate … More

    Obama's Regulatory Agenda Goes Undercover

    Throughout President Obama’s tenure, the number and cost of major regulations has approached record levels—exceeding $46 billion in new annual costs during his first three years. The impact has been economically crippling, of course, notwithstanding the administration’s boasts of regulatory benefits. Yet the White House seems rather shy of late … More

    Want Cheaper Gasoline? Waive Regulations

    Even as the summer travel season is winding down, drivers have certainly noticed that gas prices are marching back up. Since the law of supply and demand hasn’t yet been repealed (or even suspended by executive order) the answer seems simple enough: increase the amount of gasoline available. A recent … More

    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