Throughout the 1920s, Congress was focused on slashing taxes on the wealthy and eliminating business regulations, arguing that a free market could govern itself and that a rising tide would lift all boats. The results were devastating. Fast-forward 90 years, and you'll wonder: Why haven't we learned our lesson?
Austen Heinz of Cambrian Genomics has been trolling hard lately. That is, he's been spouting provocative opinions to get attention. And it seems to be working, from his point of view.
Under American law, criminal prosecutions serve dual, mutually reinforcing purposes: they both punish and deter. Yet until recently, prosecutors have been excessively cautious about defining routine industrial behavior as a guilty act that triggers criminal culpability.
Congressional leaders have indicated that they will be holding hearings on EPA regulations that would affect the operation of coal-fired power plants, and on aspects of the Affordable Care Act and the Dodd-Frank financial reforms.
The state of Texas told Isis Brantley that she needed to spend thousands of hours taking useless classes and thousands of dollars on useless equipment before she would be permitted to teach hairbraiding at her own school. On Wednesday Judge Sam Sparks told Texas that that was unconstitutional.
The wheels of bureaucracy grind slowly in Washington, but we can only hope that the FDA can meet this new challenge with timely action to regulate the importation of e-cigarettes containing ingredients that are known health hazards.
"No evidence of harm" is not the same as "evidence of no harm." All studies had serious limitations that may have made the results more positive than justified, which the researchers often acknowledged.
In the Chicago suburb of Downers Grove, all signs are limited in size and style. These inconsistent and burdensome sign rules are an example of local government grossly overstepping its bounds. Maintaining comely local signage is not a core government service -- it is a way for local officials to impose their tastes and values on the public.
The EPA continued to use its extensive powers under the Clean Air Act and announced a new, tighter regulation on ozone pollution. As one might expect, these rules are being described by some in the new Republican Congress as anti-business, job-killing regulation. They are in fact pro-business and job-creating rules.
Greater goods therefore sometimes trump property rights. Everyone knows this. Nobody really believes in free markets. Why, then, can be wrong with regulating the means that may be used to maximize profit?
It doesn't matter if you wear a suit and tie, if you break the law you will go to prison. Sending that message would make all of us safer. But we haven't been doing that consistently enough in America in recent years.
Every major industry -- from cruise lines to wireless companies -- could now have its way with us, unfettered by "burdensome" state and federal regulation, if the experts are to be believed. Consumers are powerless to stop it.
Frequent-flier programs are rigged to favor airlines, deceive passengers and cost consumers billions of dollars. At least that's the contention of one Florida frequent traveler named Alan Grayson.
Politicians talk about unemployment nonstop. But 'jobs' have become just another talking point, a measure of political job performance, a launching pad to discuss bold new plans for economic development and schemes to use other people's money to prop up big business.
Just when I thought cooler heads had prevailed, all hell has broken loose in California's rideshare economy. Regulators gave the thumbs-up to companies like Uber, Lyft and Sidecar with one hand, and then used the other to layer on new rules.
There are good arguments to be made on both sides of the municipal broadband issue, but stopping community projects due to a misguided argument about states' rights isn't one of them.