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    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

    New Regulation Forces Private Insurers to Advertise Obamacare

    Obamacare’s medical loss ratio (MLR) provision began this year and requires insurers in the individual and small-group markets to spend 80 percent of premiums—85 percent for insurers in the large-group market—on medical claims or quality improvements. If the insurer doesn’t spend the required percentage, it must issue a rebate to … More

    Infographic: JP Morgan Chase and the Loss in Perspective

    JP Morgan Chase’s $2 billion loss on a hedging strategy doesn’t mean that the bank is in crisis, and it certainly does not mean the government needs to step in. JP Morgan Chase is a $2.3 trillion bank with a net worth of $189 billion. While the bank’s loss represents … More

    Tales of the Red Tape #32: Civil Rights for Bashful Bladders

    There are several colloquialisms for “paruresis” (par-YOU-ree-sis), one of the newer additions to the growing list of ailments supposedly protected under the Americans with Disabilities Act (ADA): “pee panic,” “stage fright,” and “urophobia,” among them. No matter one’s term of preference, they all refer to a difficulty or inability to … More

    Exclusive Interview: John Stossel Says Government Can’t Solve Our Problems

    John Stossel’s skepticism of government and his storytelling approach about free-market economics have made him a rock star in conservative and libertarian circles. He spoke at The Heritage Foundation on Wednesday about his new book, “No, They Can’t: Why Government Fails—But Individuals Succeed.” It is Stossel’s latest attempt to debunk the myths … More