Economy

The Moral Case for Price Gouging

Executive Summary Last year Senators Elizabeth Warren (D-Mass.) and Tammy Baldwin (D-Wisc.) along with Rep. Jan Schakowsky (D-Ill.) introduced the Price Gouging Prevention Act of 2022 which would allow the Federal Trade Commission (FTC) and state Attorney Generals to enforce a federal ban against “unconscionably excessive” price gouging. While having good intentions, such legislation has … Continue reading →

Regulation

The Updated Consumer Cost of Regulation

Executive Summary Regulations from the past five years from federal agencies will raise everything from the cost of household goods, vehicles, and utilities; in the aggregate, these regulations will make it costlier for consumers.    Based on the agencies’ own projections, a hypothetical individual consumer who would buy all of the affected products, could expect … Continue reading →