Executive Summary Introduction On June 5-6, the Securities and Exchange Commission (SEC) filed charges against Binance, the world’s largest cryptocurrency exchange; Changpeng Zhao, Binance’s CEO; and Coinbase, the largest cryptocurrency exchange in America. The Binance charges, filed in U.S. District Court for the District of Columbia, allege that Binance entities operated an illegal trading platform, … Continue reading
Monthly Archives: July 2023
ICHRAs: An Alternative to Traditional Employer-Sponsored Coverage
Executive Summary Introduction On average, employer premium costs for traditional group plans have increased by 5-7% annually. In response, in 2019, the Trump Administration published a final rule to expand the use of health reimbursement arrangements (HRAs) to provide employers more flexibility in providing health coverage. Since January 1, 2020, employers of any size can offer … Continue reading
The Moral Case for Price Gouging
Executive Summary Introduction The pandemic saw dramatic increases in the price of necessary supplies. From a pack of masks costing over $200 to Purell costing almost $150, prices for goods that people genuinely needed skyrocketed. Many politicians criticized suppliers and large corporations for using the chaos of global markets as a guise for artificially inflating … Continue reading
Bidenomics: The Costs of Public Sector Investment
Executive Summary: Introduction: Inside Chicago’s Old Post Office and flanked by signs with the word “Bidenomics,” President Joe Biden outlined his economic vision on June 28th—a vision that rewrites the economic orthodoxy of the last four decades: Reaganomics or “trickle-down economics,” as Biden calls it. President Biden has repeatedly criticized “trickle-down economics” for leaving the … Continue reading
The Updated Consumer Cost of Regulation
Executive Summary Introduction American Action Forum (AAF) research has concluded 20 regulations enacted over the past five years will harm economic growth and increase costs by more than $8,000 per capita in a given year (some commercial consumers could see additional higher costs of $83,463) for businesses and consumers. Higher-priced vehicles, pricier household goods, and … Continue reading