Regulations

Economic Freedom Index of North America 2005

This is the third edition of the annual report, Economic Freedom of North America. The statistical results of this year's study persuasively confirm those published in the previous two editions: econo…

Economic Freedom Index of North America 2004

The statistical results of this year's study persuasively confirm those published last year: economic freedom is a powerful driver of growth and prosperity and those provinces and states that have low…

Technology and Freedom: The Virtuous Circle

Without freedom, technologies that enhance human welfare would be scarce rather than abundant. Technology and freedom are symbiotic, forming a virtuous circle. By examining the relationship between th…

CAFE's Three Strikes - It Should be Out

The federal Corporate Average Fuel Economy (CAFE) standard was enacted during the 1975 energy crisis. It required auto manufacturers to meet certain mileage standards, measured in Miles Per Gallon (mp…

California's Electrical Mess: The Deregulation That Wasn't

In 1994 California enacted legislation intended to deregulate the electric power business in the state and establish a competitive market. By January 2001, flaws in the California approach had become…

Power For Sale

For most of the 20th century, electric power has been produced and sold by local monopoly utilities. Consumers were prohibited from buying power from rival producers and other sellers were prohibited…

Turning On The Lights: Deregulating The Market for Electricity

Consumers, industry and business have reaped enormous benefits from increased competition and innovation following the deregulation of major industries in the United States and other countries. Commer…

Why Not Abolish the Community Reinvestment Act?

Before a bank can merge with another bank - or even open a new branch - it must get permission from federal regulators. And in giving that permission, regulators are obliged by the Community Reinvestm…