Updates / Regulatory Reform

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By / 8.7.2015

Yesterday, a stellar constellation of regulatory economists—including three economists affiliated with the Progressive Policy Institute—submitted an amicus brief to the D.C. Circuit Court of Appeals, demonstrating that the Federal Communications Commission’s 2015 Open Internet Order failed a cost-benefit test. How could this happen? When proposing a remedy to address a perceived market failure, a regulatory […]

By / 6.11.2015

Update (6/11/15): PPI applauds the FCC’s adoption of the “effective competition” order on June 2 (explained below). This order acknowledges the reality that on most cable systems, the video channels subject to “effective competition” from other providers, both satellite and landline. The FCC order says in part: “As a result, each franchising authority will be prohibited from […]

By / 3.2.2015

Despite the inclement weather, we are still planning to hold our event today as scheduled, Innovation in a Rules-Bound World: How Regulatory Improvement Can Spur Growth.  If that should change, we’ll let you know here.

By / 2.26.2015

“This is no more a plan to regulate the Internet than the First Amendment is a plan to regulate free speech,” said Federal Communications Commission Chair Tom Wheeler, whereupon he cast the deciding vote for the most far-reaching plan ever developed to regulate the Internet.  Let’s hope he isn’t in charge of the First Amendment, […]

The Senate voted 93-4 Thursday to reauthorize the Terrorism Risk Insurance Act (TRIA) for six years. The legislation, which is expected to be signed into law by President Obama, includes a provision exempting “end-users”– non-financial institutions, such as farms, ranches, manufacturers, small businesses, etc.– from certain inadvertent regulations imposed by the 2010 Dodd-Frank Wall Street […]

By and / 12.16.2014

To rebut our estimate of new annual state and local taxes and fees caused by reclassification, Free Press offers two claims: (1) that all of these taxes and fees are preempted by the recent extension of the Internet Tax Freedom Act (ITFA) by Congress, and in the alternative, (2) that the Commission can designate broadband […]

To Whom It May Concern: As Democrats who care about the dual priorities of protecting broadband consumers and stimulating broadband investment, we are gravely concerned about President Obama’s endorsement today of monopoly-era, common carrier regulations (called “Title II”) for broadband providers. The president’s proposal does not balance these goals, nor move us towards compromise on […]

By / 9.29.2014

Despite falling unemployment and a recovering labor market, young college graduates continue to struggle in today’s economy. Analysis of new data reveals the real wages of young college graduates surprisingly fell in 2013, by 1.3 percent. The decline reverses a slight uptick in 2012, and continues along a ten-year trend in which real average earnings […]

By and / 9.9.2014

The shift to data-driven growth is the single most important reason why the U.S. economy is far outperforming the European economy these days. Online sales are up by 16 percent over the past year, and Americans are getting more and more of their information online, spending an average of 40 minutes per day on Facebook […]

By and / 5.21.2014

Regulatory accumulation threatens the pace of innovation and growth in America, yet previous attempts to address it have proven unsuccessful. That is why we propose a new approach through the creation of a Regulatory Improvement Commission, which we argue is both politically and technically feasible. This institutional innovation for paring down redundant and outdated rules […]