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  • Commentary posted September 21, 2016 by Nicolas Loris A Workable Blueprint For Energy Freedom

    “Keep it in the ground." That mantra of the Greens encapsulates the restrictive energy policies imposed by the Obama administration. But there's a better approach: one that relies on the ingenuity of free enterprise to produce abundant, reliable and affordable energy for all. That approach, rather than the restrictive, bureaucratically directed model favored by the…

  • Commentary posted September 21, 2016 by Nicolas Loris, Katie Tubb Getting sucker punched by energy efficiency regulations

    You have houseguests and you may not even know it. Indeed, they can be found in virtually every room of your home. We’re referring to federal regulators. They’re determined to reduce your energy use, no matter how much it costs you or takes decisions out of your hands. Take a look around your kitchen. Many appliances are regulated by the federal government, from the…

  • Commentary posted September 21, 2016 by Nicolas Loris Misguided Energy Mandates Fueling Higher Prices

    Have you noticed how food prices have climbed over the last few years? A good portion of the blame for that goes to the Renewable Fuel Standard. The RFS, which recently turned 11, perfectly illustrates why government shouldn’t centrally plan energy decisions. President George W. Bush signed the Energy Policy Act of 2005 into law and expanded it in 2007. The RFS, which…

  • Commentary posted September 14, 2016 by Theodore R. Bromund, Ph.D. U.S. Interests in the United Kingdom and Europe After Brexit

    The Senate Foreign Relations Committee will soon hold a hearing on “Brexit: U.S. Interests in the United Kingdom and Europe.” Both witnesses scheduled to appear are officials in the Obama Administration. Thus, while the hearing will shed light on the attitude of the current administration, which will soon leave office, it will not present the full range of U.S. opinion on…

  • Commentary posted September 8, 2016 by Dakota Wood The Heritage Foundation's Recommendations for U.S. Military Force Levels

    On Sept. 7, at the Union League in Philadelphia, Republican presidential nominee Donald Trump gave a major policy speech on defense matters. In it, he proposed force levels for the military services, citing recommendations made in The Heritage Foundation’s Index of U.S. Military Strength. Following the event, various news outlets and commentators expressed some confusion…

  • Commentary posted September 1, 2016 by Salim Furth, Ph.D. Puerto Rico Oversight Board Members Specialize in Finance, Not Economic Reform

    President Barack Obama has appointed the seven members of the congressionally mandated oversight board for Puerto Rico. The board will have authority over the U.S. territory’s finances as Puerto Rico goes through a new bankruptcy proceeding created by the Puerto Rico Oversight, Management, and Economic Stability Act, which the president signed this summer. The members’…

  • Commentary posted August 31, 2016 by Rachel Greszler Will Uncle Sam be the mine union’s sugar daddy?

    Should taxpayers have to pick up the tab when unions break their promises? The United Mine Workers of America union thinks so. Its pension fund has promised workers $5.6 billion more than it can pay. Now that it is running out of money, the union has had its friends in Congress introduce legislation (HR 2403 and S 1714) that would use taxpayer funds to cover the…

  • Commentary posted August 31, 2016 by Bryan Riley Trade With China Is a Net Plus for Americans

    “The China Shock: Learning from Labor Market Adjustment to Large Changes in Trade,” a scholarly paper that examines the impact of U.S. trade with China, has made quite a splash in policy circles. Media outlets hail it as “influential,” “famous,” “excellent,” and “a real bombshell.” And the Paulson Institute’s Damien Ma is right when says that “‘China Shock’ has driven a…

  • Commentary posted August 31, 2016 by Michael Sargent What both candidates have wrong about U.S. infrastructure

    They may not agree on much, but Hillary Clinton and Donald Trump are of one mind when it comes to the state of the nation’s infrastructure. In his acceptance speech at the Republican National Convention, Trump opined, “Our roads and bridges are falling apart, our airports are in Third World condition.” The rhetoric jibes with that of the Clinton campaign, which has…

  • Commentary posted August 31, 2016 by Michael Sargent The feds should stay out of the bike lane

    Capital Bikeshare riders owe D.C. taxpayers a big “thank-you.” Though the bikeshare charges riders membership and usage fees and recently began selling advertising, that revenue covers only 70 percent of the system’s operating costs in the District — and that doesn’t include the cost of the bikes or station docks. The D.C. Department of Transportation makes up most of the…

  • Commentary posted August 31, 2016 by Norbert J. Michel, Ph.D. They Came For MetLife, And I Said Nothing, Then They Came For Home Depot

    The latest round in the battle between MetLife and the Financial Stability Oversight Council (FSOC) is officially underway. MetLife has filed its brief with the U.S. Court of Appeals for the D.C. Circuit. The donnybrook began in September 2014, when the FSOC, a sort of super-regulatory agency created by the 2010 Dodd–Frank Act, tagged MetLife for special regulation by…

  • Commentary posted August 31, 2016 by Norbert J. Michel, Ph.D. The Big Short: A Great Movie, Not A Policy Prescription

    For the last year or so, countless people have asked me what I thought of the movie “The Big Short.” Thanks to Netflix, I’ve finally seen it. I was impressed. It was pretty entertaining and did a great job explaining some complex financial topics. If I were still teaching, I’d probably use clips from it to liven up lectures on mortgage-backed securities (MBS) and…

  • Commentary posted August 30, 2016 by Stephen Moore, Tim Doescher The Exxon Shakedown

    Liberal attorneys general from 17 states have put a big red bull's-eye on the chest of Big Oil. Their bizarre claim is that for years energy companies fraudulently covered up their knowledge that greenhouse gases from fossil fuels cause catastrophic climate change. The most recent chapter of this witch hunt is a remarkable subpoena filed by Massachusetts Attorney General…

  • Commentary posted August 29, 2016 by Jason Snead, John-Michael Seibler Give States the Freedom to Regulate Drones

    In late June, a drone nearly collided with an aircraft carrying 500-gallon buckets of water to douse a wildfire in southern Utah. Incidents like this have been used to feed the narrative that drones are so dangerous that they must be regulated by the feds, leaving no room for states to act on their own. Utah has disproved that claim. Within weeks of the near collision,…

  • Commentary posted August 29, 2016 by Alden Abbott Two Helpful Developments Aimed at Curbing Anticompetitive Protectionist Occupational Licensing Restrictions – Harbingers of Reform?

    Background Recently, an increasing amount of scholarship has focused on the excessive costs of occupational licensing, which too frequently serves merely as a protectionist state-created barrier to entry that arbitrarily prevents individuals (and, in particular, low-income individuals) from earning a living in their chosen field.  A 2015 White House report explains that…