Tag archive

regulation

News/Politics/Tech

FCC Chairman Ajit Pai Slams Hollywood Celebrities, Twitter Hypocrisy

As the Net Neutrality battle heats up, rhetoric and hyperbole is escalating primarily because of supporters’ apocalyptic visions of repeal. Given the end of the internet is apparently upon our doorstep, Federal Communications Commission chairman Ajit Pai has found himself front and center. His plan to take down the Obama-era reform has met intense resistance from tech companies, liberal activists, and the Democratic Party. At an event at the R Street Institute in Washington D.C., Pai took aim at his critics. First among his targets was Hollywood celebrities, who often lean to the left. Pai’s issue was with their large… Keep Reading

Culture/Tech

Does The Video Game Industry Require Government Intervention?

Video game company Electronic Arts set off a massive backlash amid gamer concerns surrounding loot boxes, which can be bought using real life money to help get an advantage in game play. They can contain a wide array of different assets, weapons and other useful additions to help gain an edge. But gamers reacted with concern that the game play would be compromised by a paywall, even after spending the full $60 price tag for a complete game. After a widespread public outcry, EA did pull the microtransaction program temporarily and said they have suspended any paid content. While this… Keep Reading

Politics

How ‘The FREE Act’ Could ‘Freeze’ The Credit Industry

Between May and July, hackers breached the cybersecurity of Equifax, a company that provides consumer credit scores, exposing the personal details of up to 143 million U.S. consumers. This information included names, driver’s license numbers, and Social Security numbers. Democrats immediately jumped at the chance to regulate the credit industry. Sen. Elizabeth Warren (D-MA) and Sen. Brian Schatz (D-HI) proposed the Freedom from Equifax Exploitation Act (FREE Act), a panicked, overreaching response to an event that doesn’t define or represent the credit industry. The FREE Act would ultimately enable the excessive and unnecessary regulation of a credit industry that provides… Keep Reading

Tech

Could Donald Trump Save The Internet?

Ludwig von Mises dedicated a great amount of ink to the role that ideas play in shaping society. Not only does his analysis illustrate why it is so important to educate the public on topics such as economics, but also explains the enormous danger posed by widely accepted political myths. Examples include various false narratives such as deregulation caused the financial crisis, that American healthcare costs are driven up due to “capitalism,” or FDR saved America from the Great Depression. Of course. these various fictions, which all enjoy the support of most of the “intellectual” class, all conveniently lead to… Keep Reading

Politics

Congress Wants To SCRUB Bad Regulations Off The Books

As most politically astute individuals know, President Trump has Doubled Down on Regulation Reform. First, Donald Trump signed an Executive Order requiring federal agencies to remove two regulations for every regulation enacted. Trump then signed an Executive Order setting up a watchdog in each agency whose duty it is to make sure the federal agencies enact his regulatory reform. Not to be outdone by the President, this week Congress passed H.R. 998. This bill is called the SCRUB Act (Searching for and Cutting Regulations that are Unnecessarily Burdensome). This Act establishes a nine-member commission whose duty it is to hold… Keep Reading

Politics

House Agriculture Committee To Discuss Placing Restrictions On SNAP

With President Donald Trump quickly fulfilling promises made on his campaign trail (from cutting down a number of federal regulations present today to ordering a withdrawal from the Trans-Pacific Partnership), we can expect fast changes to be made to inefficient welfare programs such as SNAP (Supplemental Nutrition Assistance Program).  SNAP has been called out multiple times by President Trump and other well-known conservatives for reform. The House Agriculture Committee comes together this Thursday to debate placing food restrictions onto the program. Keep Reading

Law/Politics

The War On Drones

The proliferation of drone technology has taken the world by storm. Quadcopters that cost many thousands of dollars just years ago are now available to hobbyists, commercial operators, and photographers for just a few hundred dollars. This new technology has also fostered several regulatory challenges. Known as Unmanned Aerial Systems, quadcopters, or simply drones, they are similar to remote control helicopters and planes. However, unlike RC aircraft, many of these drones are able to be flown out of the box without training or practice and are generally equipped with HD video and still photo cameras attached. Keep Reading

Economics/Politics

President Meets With CEOs. Here’s The Problem…

“They’re going to have to pay a border tax — a substantial border tax,” President Trump pledged Monday morning during a White House meeting with twelve CEOs including the heads of Dow Chemical, Proctor and Gamble, and Ford. He went on to thinly veil threats against the businessmen, saying, “All you have to do is stay. Don’t leave. Don’t fire your people in the United States.” The President also discussed a 75% regulation cut and tax cuts for both the middle class and for corporations and a ‘big border tax.’ This is troubling for several salient reasons. Primarily, the public… Keep Reading

Culture/Economics/Law/Politics

Taxation, Regulation: Not Reasons To Legalize Pot

In the marijuana legalization debate, two talking points are often utilized: taxation and regulation. These are good arguments from a liberal perspective, but quite problematic in a conservative or libertarian context. The basis for justifying the legalization of marijuana is simple. Consenting adults should be allowed to choose what to put in their bodies, whether or not it’s harmful, so long as there are no externalities. This is the only legitimate and principled basis for legalization. Keep Reading

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