America’s railroads provide cost-effective freight transportation for consumers and thousands of jobs for workers—all while generating a fraction of the emissions of its competitors. These benefits are the product of deregulation in the 1980s that slashed inefficiency and brought the railroads back from the brink of collapse.
However, a new report highlights how these public benefits are once again coming under pressure from proposed onerous regulations. History shows that price setting and regulatory meddling will eventually extinguish the benefits that rail transportation affords.
A growing number of states are looking to set up prescription drug affordability review boards to reel in soaring prescription drug prices. In most cases, the proposed boards would allow the states to set pricing caps for certain higher-cost drugs, as well as limit price increasing by drug makers. Yet, contrary to expectations, a new […]
The administration has requested a budget authorization to strip down the Food and Drug Administration Center for Tobacco Products. President Donald Trump, apparently, has the vision to create a new tobacco agency that isn’t an administrative monstrosity like the FDA. There’s no chance that the administration will get their request from Congress. No lawmaker in […]
As the e-cigarette “health outbreak” continues, some states believe the Federal Government hasn’t done enough and are now taking action into their own hands. Utah, for instance, recently introduced legislation looking to lower teen vaping by limiting flavors like menthol. Yet, recent research suggests that menthol is actually reducing, not increasing, smoking and that banning […]
Across the nation, people are fleeing states like Illinois and New York for greener pastures. In the last year alone, the Northeast lost around 300,000 people due to migration while the Southern states gained around a million residents. Apart from looking for a better climate, high taxes have caused many Americans to consider moving. Now, […]
Legal Theatrics and Florida’s Bad Faith Laws Florida’s “Bad Faith” laws applying to Insurance companies have created a shameful mockery of justice. Bad Faith laws were originally intended to make legal representation available to people with limited funds. There are two kinds of bad faith claims. Insured people may have a first-party bad faith claim […]
Professor Joseph Fuhr and ACI’s President, Steve Pociask, signed on to an important coalition letter, calling for the acceleration of the C-Band auctions at the FCC. You can read the entire coalition letter here.
The Trump administration recently announced that video game consoles will not be subject to the upcoming tariffs. While this might be good news for companies like Sony and Microsoft, the same benefit will not be extended to tabletop games. With increased prices on tabletop games, parents are indirectly encouraged to buy video games for their children, which […]
In Florida’s current justice system, anyone who feels that an insurance company has caused an unfair settlement of a claim can seek restitution in court. Unless they were parties to the original policy (a contract), they must wait until there has been a verdict or settlement in the original case. If an insurer fails to […]
It is no secret that the cost of prescription drugs is a major concern for Americans today. Around 79% of the public agree that the price of prescription medication is unreasonable. But while much attention is focused on the role of drug manufacturers, a new report details how almost half of consumer spending on brand-name […]