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Overregulation – Pacific Research Institute

Overregulation

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 ...
Business & Economics

Read on the Department of Financial Protection and Innovation's latest regulation proposal

Misguided California Regulation Would Hinder Useful Financial Tool

To a hammer, everything is a nail, and so it is with California’s Department of Financial Protection and Innovation (DFPI). Don’t let the “innovation” in the agency’s name fool you – far too many of its regulations deter rather than promote innovative solutions as evidenced by the agency’s recent stance ...
Blog

Latest wild idea - a $50 minimum wage

Why Don’t Businesses Just Print Money?

Maybe it’s time to start thinking about requiring newly elected lawmakers to take an economics 101 class before they start their first session. It seems that maybe outside of our woke and crumbling public education system, there’s no other institution where economic illiteracy is more prevalent than in government. Example ...
Blog

New Sac tax could impose huge burden on entrepreneurs

400 Percent Tax Increase on Entrepreneurs Won’t Generate the Millions Sacramento Seeks

California’s reputation as being one of the most difficult and expensive places to own and operate a business and create jobs has been long established. Year after year, California ranks at the bottom in Chief Executive magazine’s listing of the best and worst states for business. Even in a tough ...
Business & Economics

Read the latest on the federal PRO Act

California’s War On Gig Work Is About To Devastate The Rest Of The Country

Like wreckage following a tornado, California’s effort to eliminate gig work trailed Julie Su as she failed upward from the state’s Labor and Workforce Development Agency secretary to Washington, where she’s the acting labor secretary. In her previous capacity, Su was a hardline supporter of California’s Assembly Bill 5, which ...
Business & Economics

Higher minimum wages hurt workers

If only someone had warned lawmakers

Starting on April 1, fast food restaurant chains that have at least 60 locations across the country must pay their workers a minimum of $20 an hour to comply with the minimum wage increase legislation passed and signed last year. But that’s not the end of it. Under Assembly Bill ...
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 ...
Business & Economics

Read on the Department of Financial Protection and Innovation's latest regulation proposal

Misguided California Regulation Would Hinder Useful Financial Tool

To a hammer, everything is a nail, and so it is with California’s Department of Financial Protection and Innovation (DFPI). Don’t let the “innovation” in the agency’s name fool you – far too many of its regulations deter rather than promote innovative solutions as evidenced by the agency’s recent stance ...
Blog

Latest wild idea - a $50 minimum wage

Why Don’t Businesses Just Print Money?

Maybe it’s time to start thinking about requiring newly elected lawmakers to take an economics 101 class before they start their first session. It seems that maybe outside of our woke and crumbling public education system, there’s no other institution where economic illiteracy is more prevalent than in government. Example ...
Blog

New Sac tax could impose huge burden on entrepreneurs

400 Percent Tax Increase on Entrepreneurs Won’t Generate the Millions Sacramento Seeks

California’s reputation as being one of the most difficult and expensive places to own and operate a business and create jobs has been long established. Year after year, California ranks at the bottom in Chief Executive magazine’s listing of the best and worst states for business. Even in a tough ...
Business & Economics

Read the latest on the federal PRO Act

California’s War On Gig Work Is About To Devastate The Rest Of The Country

Like wreckage following a tornado, California’s effort to eliminate gig work trailed Julie Su as she failed upward from the state’s Labor and Workforce Development Agency secretary to Washington, where she’s the acting labor secretary. In her previous capacity, Su was a hardline supporter of California’s Assembly Bill 5, which ...
Business & Economics

Higher minimum wages hurt workers

If only someone had warned lawmakers

Starting on April 1, fast food restaurant chains that have at least 60 locations across the country must pay their workers a minimum of $20 an hour to comply with the minimum wage increase legislation passed and signed last year. But that’s not the end of it. Under Assembly Bill ...
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