Category Archives: Regulation

The Federal Reserve: Less than meets the eye?

Norbert Michel of the Heritage Foundation has released a new study questioning the value of the Federal Reserve. Here’s the study‘s abstract: Many economists take for granted that the Federal Reserve has positively contributed to economic stabilization in the U.S. In particular, it is widely believed that the Fed has helped tame business cycles andContinue Reading

An idea whose time will never come: price controls

Phil Kerpen of American Commitment shares with Daily Caller readers his concerns about the latest effort to institute price controls for Gilead’s hepatitis C treatments. [A]n industry group formed to lobby for prescription drug price controls has seized on the issue to opportunistically press Congress to impose price controls and force Gilead to sell atContinue Reading

The sun still rises in the east, and the government-mandated minimum wage is still bad policy

Iain Murray of the Competitive Enterprise Institute explains for Washington Examiner readers why, despite its popularity, a minimum-wage increase remains a bad idea. There are few policies more popular than increasing the federal minimum wage. In a 2013 Gallup poll, 76 percent of respondents approved of the idea. It seems to make economic and moralContinue Reading

New Carolina Journal Online features

Don Carrington reports for Carolina Journal Online on questions surrounding Hagan family contractor applications. Jon Sanders’ Daily Journal examines the U.S. Supreme Court’s review of a North Carolina dispute involving teeth-whitening rules.

Hospitals advocate says certificate-of-need law protects against impact of other government regulation

Responding to a presentation earlier this month from an advocate for reform of North Carolina’s certificate-of-need law, a representative of the N.C. Hospitals Association defended CON today during a speech to the John Locke Foundation’s Shaftesbury Society. Cody Hand, NCHA’s vice president and deputy general counsel, says CON offers protection against the negative impacts ofContinue Reading

Duke scholar documents Obamacare’s impact on health insurance costs

Chris Conover shares with Forbes readers important data detailing the Affordable Care Act’s impact on the affordability of health insurance. When the Society of Actuaries estimated spring 2013 that the ACA would result in increasing claims costs by an average of 32 percent nationally by 2017, such estimates could be dismissed as “projections” since atContinue Reading

Cato’s Tanner explains corporate welfare has bipartisan backers

Michael Tanner of the Cato Institute reminds us in his latest National Review Online column that both major parties have been guilty of supporting corporate welfare. The most recent example of Democratic corporate welfare involves the legislation that has dominated much of the political debate during Barack Obama’s administration. The conventional wisdom says that corporateContinue Reading

Sowell takes on ill-informed reports targeting ‘predatory lending’

Thomas Sowell‘s latest column at Human Events takes media outlets to task for continuing to misstate the case against “predatory lending.” Just what is predatory lending? It is lending that charges a higher interest rate than people like those at the New York Times approve of. According to such thinking — or lack of thinkingContinue Reading