The case for regulatory sunset provisions is inadvertently made by an entire chapter in the Code of Federal Regulations devoted to lawsuit rules for the Y2K computer bug from nearly a decade ago.

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Over at the Washington Examiner’s Opinion Zone, I give nanotechnology a Schumpeterian treatment. In the long run, a competitive, cut-throat market process driven by innovation is better for consumers than if government were to fund and direct research:

A nanotech firm that lives mostly off of government grants lives a sheltered, more docile existence. It doesn’t need to come up with new products that save peoples’ lives, or make them better. They just have to be good at getting grants.

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Your host Richard Morrison welcomes back returning guest co-hosts Michelle Minton and Jeremy Lott for Episode 54 of the LibertyWeek podcast. We start with ominous hints of new taxes, California state employees making strike threats and the possible antitrust implications of the Microhoo partnership. We continue with a double-dipping pay scandal, the suppression of dissent in Venezuela and some fully transparent Olympic News.

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Statements of Ryan Young and Wayne Crews

Washington, D.C., July 29, 2009 - Today, Microsoft and Yahoo announced a ten-year partnership of their search businesses in order to better compete against Google. The Department of Justice, citing antitrust concerns, is likely to investigate the deal before allowing it to go through. Competitive Enterprise Institute technology policy experts Wayne Crews and Ryan Young argue that regulators can best serve consumer interests by leaving well enough alone.

Ryan Young, Fellow in Regulatory Studies:

“What is…

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Below see CEI President Fred Smith’s comments on Jonathan Hillel’s piece in the San Jose Mercury News:

Hillel’s piece raises the very interesting question of whether the use of copyrighted materials must forever remain out of reach of most people.  The vast majority of creative works disappear from public view within a very short time of their release.   Few books or records are best sellers, many magazines (especially specialized magazines and journals) go out of existence in a decade or so.  Yet,…

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With the election of a new president and new Democratic majorities in Congress, the era of corporate influence is over in Washington, D.C. Or, at least that what I had heard. According to our old friend Tim Carney, I may have been mistaken:

A telecommunications company has confirmed for this columnist that its vice president for policy—who is also an Obama donor and a former lobbyist—is advising Barack Obama’s transition team on telecom policy.

Obama’s transition team, which has failed to disclose…

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O’Reilly writer Andy Oram makes the case that the assertion President-elect Barack Obama’s victory is in large part due to his campaign’s effective use of the internet is an overstatement, to say the least.  Oram counters that when all is said and done, the mainstream media is what had the most significant impact on the elections.

I feel I have to temper the hype over how the Internet has changed elections. There’s no doubt that the Internet provides enormous potential, and that people have been…

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Like everybody else in town, we’re pondering the implications of the transition to the Obama Administration for various policy areas here at CEI. On the technology/Internet front, CNet’s Declan McCullagh has a superb overview today.

On the high-technology front, president-elect Obama has indicated he’d appoint a Chief Technology Officer. The role seems federal-government-focused: The tech “czar” would manage government technology policy with respect to matters like cybersecurity, privacy and Internet policies–basically securing governement networks and keeping government agencies on the cutting…

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