For decades, California’s housing costs have been racing ahead of incomes, as counties and local governments have imposed restrictive land-use regulations that drove up the price of land and dwellings. This has been documented by both Dartmouth economistWilliam A Fischel and the stateLegislative Analyst’s Office.
U.S. households are saving hundreds of dollars a year because natural gas prices are low, but that’s about to change. A study by NERA Economic Consulting has found new regulations on power plants mandated by the Environmental Protection Agency’s Clean Power Plan (CPP) will increase natural gas prices to 2007 levels, virtually guaranteeing these savings will soon be wiped out.
There is little that happens in society in general and the market economy in particular that most on the political “left” do not think needs more government intervention, regulation, and redistribution to make “better.”
Unless a federal judge issues a preliminary injunction, the definition of the “Waters of the U.S.” will change on August 28—giving the Environmental Protection Agency (EPA) the authority to regulate the water in your backyard (even the water that might be in your backyard due to a heavy rain). Even, according to West Virginia Attorney General Patrick Morrisey: “any area where agencies believe water may flow once every 100 years.”
In today’s edition of The Heartland Daily Podcast, Budget & Tax News managing editor Jesse Hathaway speaks with Manhattan Institute for Policy Research fellow Jared Meyer. Meyer and Hathaway talk about New York City mayor Bill DeBlasio’s “war on Uber,” and how the city can reduce traffic deaths by reducing regulations on taxicabs and ridesharing companies.
There should be no innovation or competition double standard where government politically picks winners and losers by rigging competition via denying some companies the freedom to innovate and compete spectrally while granting it to their competitors.
Passed into law with the stated intention of protecting consumers from low-quality service providers, occupational licensing laws in fact hurt consumers by insulating existing businesses from competition and preventing people from using their talents to earn a living in ways that might serve consumers better.
In today’s edition of The Heartland Daily Podcast, Kenneth Artz, managing editor of Health Care News speaks with Jeff Stier. Stier s a Senior Fellow at the National Center for Public Policy Research in Washington D.C. where he heads its Risk Analysis Division. Stier joins Artz to discuss the FDA’s new food labeling law, a law which will require most food establishments in the United States to list calorie counts for their food items.
Its current form is the 2001 No Child Left Behind Act (NCLB), which critics of varied stripes widely regard as a colossal flop. Yet, few in Washington, DC dare talk of repeal. Even with both houses now under Republican control, Congress continues to haggle into an eighth year over the particulars of reauthorization.
It is seventy years, now, since near the end of the Second World War Austrian economist, and much later Nobel Prize winner, Friedrich A. Hayek published his most famous article, “The Use of Knowledge in Society,” in September 1945, demonstrating why it is impossible for a system of socialist central planning to effectively manage a complex and ever-changing economy better than a functioning, competitive free market order.
A “can-do attitude” was the essence of the Internet for the last twenty years, making it a unique decentralized place of endless possibilities and opportunities. No more, the FCC has changed the “can-do” Internet into a “can’t-do” Internet, by centralizing control via the imposition of unnecessary 1934 telephone utility regulation.
How many times has government royally messed up something? And not fired anyone? Or done anything that remotely resembles improving their performance? Oh so very often. In part because they don’t care – once they have the power, they don’t care what happens to us. In part because they are too busy planning their next grabs.
The fact the Senate Homeland Security and Government Affairs Committee is attacking the Environmental Protection Agency’s (EPA) management—er, mismanagement—of the federal renewable fuel standard (RFS) is indicative of the growing frustration over both the agency and the RFS itself.
The FCC’s just operative Open Internet Order, with its classification of broadband as Title II common carriage and vague Internet conduct standard, sets ISPs up for FCC “gotcha” or contrived regulation and enforcement.
When a Tech Media story crosses over to the broader Jurassic Press – their ridiculous Leftist repetitiveness is truly comical. And highly disquieting. On Friday, President Barack Obama’s huge Internet Network Neutrality power grab officially went into effect. A crossover story – with predictable, pathetic Press results.
Even with prices 40 percent lower than a year ago, we remain the world’s No. 1 producer of crude oil and other liquid hydrocarbons. Imports of oil have dropped from 60 percent of consumption to about 35 percent just in the past five years. We’re also the world’s largest producer of natural gas.