Critics of health, safety, and environment regulation have sought to buttress the case against regulation by citing a 2010 report by economists Nicole Crain and Mark Crain called The Impact of Regulatory Costs on Small Firms. Among the Crain and Crain report’s findings is one that has become a...

Forced arbitration clauses have become almost unavoidable in contracts for financial services and products ranging form credit cards to private student loans. This report examines how the financial services industry uses these clauses to defeat consumers' rights and evade accountability for...

Attacks on regulation have become commonplace in Washington, D.C., and on the campaign trail. Regulatory opponents in Congress have sought to translate their attacks on regulation into legislative proposals that, if enacted, would subvert the process by which regulatory agencies carry out their...

This white paper shines light on the Office of Advocacy's anti-regulatory work, examining how its participation in the rulemaking process further degrades an already weakened regulatory system. As a preliminary matter, the nominal objective of the Office of Advocacy — subsidizing small...

Every year, a number of major industrial catastrophes occur in the United States. They often result in tragic losses in terms of human life and environmental degradation. They also produce substantial losses for the U.S. economy, sidelining industrial capacity and wasting millions, if not...

Hundreds of billions of dollars are spent every year in the public sector as a result of death, injury, and illness associated with products. The taxpayer takes on this burden, a reality that ought to be considered by courts and policy makers when setting the standards for liability and levels...