Wayne A. Abernathy
History demonstrates that innovation is one of the things that a free society does best. Fostering innovation was one of the goals of the Founders who created a federal system of government, since centralization of power tends to discourage new thinking, creativity, and new ways of doing things. This is particularly true for new ways of doing things that can challenge “old ways.” Some “old ways,” such as freedom and individual rights, are timeless. Others are more temporal and in need of adjustment to remain relevant to evolving societies and conditions.
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Patience Roggensack and Lisa Kimmel
While professional licensing can have an important role to play in protecting consumers, the proliferation of state occupational licensing regulations over the past fifty years raises important competition policy concerns.
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Jerry Brito
The SEC recently issued an investigative report concluding that some crypto-tokens can be securities. What the SEC did not say is that all tokens are securities.
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Devon Westhill
The Regulatory Transparency Project is pleased to announce the release of the trailer video for its new Fourth Branch video series. The trailer features several experts in regulation – including Senator Dan Sullivan – discussing both benefits and costs of regulation.
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James C. Cooper, Koren Wong-Ervin, and Joshua D. Wright
More than a quarter of the American labor force requires a state license to work, a five-fold increase since the 1950s. Occupational licensing imposes restrictions on competition in every reach of the modern economy — with pernicious effects.
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Susan Dudley
Effective regulatory policy that focuses resources on addressing real threats to public health and the environment depends on reliable scientific information and transparent policy choices.
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Roger D. Klein
It is essential that FDA regulation strike the right balance between protection of patient safety, and encouragement of advancement and innovation in testing
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