Overregulation

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Read about California's latest move against Elon Musk

SpaceX Delaunched In California

The California Coastal Commission voted 6-4 last week to oppose Musk’s plans to launch as many as 50 SpaceX rockets a year from Vandenberg Air Force Base in Santa Barbara County. Musk’s response was to take the agency to court, which he did Tuesday, claiming in a lawsuit that it ...
Blog

Rise Of The Machines

Some years ago, in 2018, when the minimum wage in California was $11 an hour for companies with 26 or more employees, a Pasadena burger joint hired a machine named Flippy to turn patties on the grill. “The world’s first autonomous kitchen assistant,” an “upgrade on a human line cook,” ...
Blog

Learn how government is trying to stop another merger

Why is ‘The People’s Attorney’ Suing to Block a Private Transaction That Will Benefit Shoppers?

Yet busybodies from Washington to Sacramento want to block Kroger’s plan to buy the Albertsons chain for $24.6 billion. They’re so hostile to the proposal that Kroger is even on trial: The Federal Trade Commission, California Attorney General Rob Bonta, seven other state attorneys general and the District of Columbia ...
Blog

California and the SEC face legal challenges to their climate-related disclosure requirements

These requirements are not only financially burdensome but have been challenged on legal and Constitutional grounds. In January, the California Chamber of Commerce sued the California Air and Resource Board (CARB), seeking an injunction against the implementation of SB 253 and SB 261. In their complaint, they argued that California ...
Commentary

Learn why price controls won't reduce inflation

Kamala Harris is wrong. American economic history is replete with failed price control policies

Yet in one of her first policy proposals as the Democratic Party’s White House candidate, Kamala Harris insisted that the country needs “the first-ever federal ban on price gouging on food and groceries.” She would set “clear rules of the road to make clear that big corporations can’t unfairly exploit ...
Blog

Read the latest about California's misguided energy policies

As Chevron Exits California, Will Still Attempt to Buy Its Oil Refineries?

It’s unlikely that was the plan. But it is interesting that at roughly the same time Chevron made its announcement, which was no surprise to Gov. Gavin Newsom’s office, the California Energy Commission issued a staff report that includes a dedicated section (Chapter 3, page 7) on “State-Owned Refineries.” It’s ...
Blog

Read why latest employer is leaving California

Chevron’s Departure Highlights California’s Risky Economic Future

Companies have been decamping from California for greener pastures so frequently that, in some ways, Chevron’s announcement is barely newsworthy. The particulars of Chevron’s decision are important, however, because they exemplify the large economic risks California’s policymakers are taking. Judged by their actions, California’s political leaders, including Governor Newsom, have ...
Business & Economics

New study shows fast food minimum wage law already a disaster

Is it too soon to declare California’s $20-an-hour minimum wage for fast food workers a disaster? After all, it became law only four months ago. How much harm could have been done in such a narrow time frame? Short answer? Quite a bit. The results of a just-released business survey ...
Business & Economics

Biden’s rent-control plan will only make America’s housing crisis worse

President Joe Biden is suggesting that a federal limit on annual rent increases in residential units will ease housing costs. This is what happens when economist Milton Friedman isn’t “running the show”: Policymakers follow ideas that make the problem they say they’re solving infinitely worse. “While the prior administration gave special ...
Blog

Fast food restaurants are raising prices after minimum wage hike

Their Pleasure: Legislators Cook Up A Law That Burns Fast Food

The new prices, which won’t go up in other states, depend on where the restaurant is.  A double-double meal combo at San Francisco’s Fisherman’s Wharf now costs $13.63 including taxes; not far away in Daly City, the same meal is $2 cheaper, says the New York Post. In Irvine, near ...
Blog

Read about California's latest move against Elon Musk

SpaceX Delaunched In California

The California Coastal Commission voted 6-4 last week to oppose Musk’s plans to launch as many as 50 SpaceX rockets a year from Vandenberg Air Force Base in Santa Barbara County. Musk’s response was to take the agency to court, which he did Tuesday, claiming in a lawsuit that it ...
Blog

Rise Of The Machines

Some years ago, in 2018, when the minimum wage in California was $11 an hour for companies with 26 or more employees, a Pasadena burger joint hired a machine named Flippy to turn patties on the grill. “The world’s first autonomous kitchen assistant,” an “upgrade on a human line cook,” ...
Blog

Learn how government is trying to stop another merger

Why is ‘The People’s Attorney’ Suing to Block a Private Transaction That Will Benefit Shoppers?

Yet busybodies from Washington to Sacramento want to block Kroger’s plan to buy the Albertsons chain for $24.6 billion. They’re so hostile to the proposal that Kroger is even on trial: The Federal Trade Commission, California Attorney General Rob Bonta, seven other state attorneys general and the District of Columbia ...
Blog

California and the SEC face legal challenges to their climate-related disclosure requirements

These requirements are not only financially burdensome but have been challenged on legal and Constitutional grounds. In January, the California Chamber of Commerce sued the California Air and Resource Board (CARB), seeking an injunction against the implementation of SB 253 and SB 261. In their complaint, they argued that California ...
Commentary

Learn why price controls won't reduce inflation

Kamala Harris is wrong. American economic history is replete with failed price control policies

Yet in one of her first policy proposals as the Democratic Party’s White House candidate, Kamala Harris insisted that the country needs “the first-ever federal ban on price gouging on food and groceries.” She would set “clear rules of the road to make clear that big corporations can’t unfairly exploit ...
Blog

Read the latest about California's misguided energy policies

As Chevron Exits California, Will Still Attempt to Buy Its Oil Refineries?

It’s unlikely that was the plan. But it is interesting that at roughly the same time Chevron made its announcement, which was no surprise to Gov. Gavin Newsom’s office, the California Energy Commission issued a staff report that includes a dedicated section (Chapter 3, page 7) on “State-Owned Refineries.” It’s ...
Blog

Read why latest employer is leaving California

Chevron’s Departure Highlights California’s Risky Economic Future

Companies have been decamping from California for greener pastures so frequently that, in some ways, Chevron’s announcement is barely newsworthy. The particulars of Chevron’s decision are important, however, because they exemplify the large economic risks California’s policymakers are taking. Judged by their actions, California’s political leaders, including Governor Newsom, have ...
Business & Economics

New study shows fast food minimum wage law already a disaster

Is it too soon to declare California’s $20-an-hour minimum wage for fast food workers a disaster? After all, it became law only four months ago. How much harm could have been done in such a narrow time frame? Short answer? Quite a bit. The results of a just-released business survey ...
Business & Economics

Biden’s rent-control plan will only make America’s housing crisis worse

President Joe Biden is suggesting that a federal limit on annual rent increases in residential units will ease housing costs. This is what happens when economist Milton Friedman isn’t “running the show”: Policymakers follow ideas that make the problem they say they’re solving infinitely worse. “While the prior administration gave special ...
Blog

Fast food restaurants are raising prices after minimum wage hike

Their Pleasure: Legislators Cook Up A Law That Burns Fast Food

The new prices, which won’t go up in other states, depend on where the restaurant is.  A double-double meal combo at San Francisco’s Fisherman’s Wharf now costs $13.63 including taxes; not far away in Daly City, the same meal is $2 cheaper, says the New York Post. In Irvine, near ...
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