For the 17th time since 1976, the federal government has shut down over a partisan fiscal squabble. Vice President for Strategy Iain Murray gives his thoughts on how it happened, what the consequences will be, and what is at stake.
On Sunday, House Minority Leader Nancy Pelosi opposed the notion of federal spending cuts, saying that “The cupboard is bare” and “There’s no more cuts to make.” This not actually being the case, Senior Communications Director Brian McNicoll lists off a series of programs and departments that should be removed from the very full federal cupboard.
Ron Binz is President Obama’s choice to head FERC, the Federal Energy Regulatory Commission. William Yeatman, in a new report, shows why Binz’s disregard for reliable, low-priced electricity, along with several ethical and ideological red flags, make him less than an ideal nominee.
Ronald Coase, an extremely influential economist and winner of the 1991 economics Nobel, has passed away at the age of 102. CEI Founder and Chairman Fred Smith discusses Coase’s major works, the animating themes that unite them, and the fact that Coase was always a man of great personal and intellectual humility — a trait that escapes many of his peers. In 2004, Smith sat down with Coase for an extended interview, which you can watch here.
In 2010, the FCC issued regulations to implement net neutrality. The resulting legal challenge is about to hit the D.C. Circuit Court. Vice President for Policy Wayne Crews explains why net neutrality policies would hamper innovation and reduce competition in high-tech infrastructure.
On Tuesday, the Justice Department filed an antitrust suit to block the proposed American Airlines and US Airways, alleging that the reduced competition would raise prices and reduce consumer options. Fellow in Land-use and Transportation Studies Marc Scribner thinks the charges are overblown, and has ideas of his own for increasing competition.
A federal judge has dismissed a lawsuit brought by CEI, 11 state attorneys general, and the State National Bank of Big Spring challenging the constitutionality of several sections of the Dodd-Frank financial regulation act. CEI general counsel Sam Kazman discusses plans to appeal the case.