Overregulation
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 ...
Business & Economics
Read on the negative effects of raising minimum wage
$20 Minimum Wage for Restaurant Workers is Only the Beginning
It was bound to happen. Less than a month after the $20-an-hour fast-food restaurant minimum wage kicked in, activists are demanding that all other minimum-wage workers, who got a bump to $16 an hour on Jan. 1, which will be elevated to $18 an hour if voters approve November’s Minimum ...
Business & Economics
Read on the FTC's harmful regulatory overreach
Proposed Oil Mergers Will Improve Competition
Under Chairperson Lina Khan, the Federal Trade Commission (FTC) has consistently used speculative consumer harms to justify regulatory actions. Unfortunately, these actions often stop mergers that would have improved consumer wellbeing and promoted greater innovation. Making these regulatory actions worse, the agency has too often used dubious justifications and novel theories, even overruling their ...
Business & Economics
Read the latest asset regulation proposal
The FDIC’s Ill-Advised Regulatory Grab
Board members of the Federal Deposit Insurance Corporation (FDIC) are aptly demonstrating Einstein’s maxim that “bureaucracy is the death of all sound work”. In this case, the board is considering an expansion of the FDIC’s regulatory reach that would impose more costs on asset managers and the millions of Americans ...
Blog
Learn about Sacramento's latest anti-entrepreneurship bill
‘Right To Ignore Your Boss’ Bill Could Make Work-Life Balance Worse for Employees
Haney told the Bay Area News Group that “smartphones have blurred the boundaries between work and home life,” and that “workers shouldn’t be punished for not being available 24/7 if they are not being paid for 24 hours of work.” It’s a shockingly simplistic view of how things work in ...
Blog
Read about latest anti-business mandate from Sacramento
In California, You Can Self-Checkout Any Time You Want – For Now
Self-checkout seems to have reached a peak. Some retailers are pulling back on the systems, apparently due to intentional and unintentional thefts, and there are signs that customers have grown weary of scanning their own purchases and waiting in long, slow lines while a single attendant tries to manage the ...
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 ...
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 ...
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 ...
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 ...
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 ...
Read on the negative effects of raising minimum wage
$20 Minimum Wage for Restaurant Workers is Only the Beginning
It was bound to happen. Less than a month after the $20-an-hour fast-food restaurant minimum wage kicked in, activists are demanding that all other minimum-wage workers, who got a bump to $16 an hour on Jan. 1, which will be elevated to $18 an hour if voters approve November’s Minimum ...
Read on the FTC's harmful regulatory overreach
Proposed Oil Mergers Will Improve Competition
Under Chairperson Lina Khan, the Federal Trade Commission (FTC) has consistently used speculative consumer harms to justify regulatory actions. Unfortunately, these actions often stop mergers that would have improved consumer wellbeing and promoted greater innovation. Making these regulatory actions worse, the agency has too often used dubious justifications and novel theories, even overruling their ...
Read the latest asset regulation proposal
The FDIC’s Ill-Advised Regulatory Grab
Board members of the Federal Deposit Insurance Corporation (FDIC) are aptly demonstrating Einstein’s maxim that “bureaucracy is the death of all sound work”. In this case, the board is considering an expansion of the FDIC’s regulatory reach that would impose more costs on asset managers and the millions of Americans ...
Learn about Sacramento's latest anti-entrepreneurship bill
‘Right To Ignore Your Boss’ Bill Could Make Work-Life Balance Worse for Employees
Haney told the Bay Area News Group that “smartphones have blurred the boundaries between work and home life,” and that “workers shouldn’t be punished for not being available 24/7 if they are not being paid for 24 hours of work.” It’s a shockingly simplistic view of how things work in ...
Read about latest anti-business mandate from Sacramento
In California, You Can Self-Checkout Any Time You Want – For Now
Self-checkout seems to have reached a peak. Some retailers are pulling back on the systems, apparently due to intentional and unintentional thefts, and there are signs that customers have grown weary of scanning their own purchases and waiting in long, slow lines while a single attendant tries to manage the ...