Tag Archives: washington times

CEI Podcast – October 14, 2010: Antitrust Follies and Regulatory Reform

Have a listen here.

CEI Vice President for Policy Wayne Crews talks about why antitrust actually hurts competition, and offers some ideas for regulatory reform based on his recent articles for BigGovernment.com and The Washington Times, and on his annual Ten Thousand Commandments report.

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Government Is a Third Bigger Than You Think

Today’s Washington Times briefly quotes me making that point:

“A regulatory monster is eating America’s economy. Not only do federal regulations cost Americans more than the income tax, they cost about as much as the entire GDP of Canada,” analyst Ryan Young tells Beltway. “Since regulatory costs don’t show up in the budget, more than a trillion dollars of government’s cost go largely unnoticed. The burden of government is actually about a third larger than most people think.”

For more, see Wayne Crews’ forthcoming 2010 edition of Ten Thousand Commandments.

Scroogenomics

Today’s Washington Times contains my review of Joel Waldfogel’s book Scroogenomics: Why You shouldn’t Buy Presents for the Holidays.

Here’s a taste:

“‘A cribbage board? You shouldn’t have,’ we tell our mothers-in-law. Indeed.” In those three short sentences, Joel Waldfogel describes the origin of what retailers call “return season” and what consumers call “the week after Christmas.”

Mr. Waldfogel has a point here. By his calculations, such gifts cost the U.S. economy about $85 billion in waste. That’s more than 124 countries’ entire gross domestic product, by the way.