Is slow economic growth the new normal? Not necessarily, according to an October policy analysis from the Cato Institute, but growth has become more difficult. The report, writes Reason senior editor Peter Suderman, argues that slow growth is likely to continue if present policies remain in place. Today's public policy infrastructure, according to the analysis, is "rife with barriers to entrepreneurship, competition, innovation, and growth," not to mention subsidies that tilt the playing field in favor of incumbents, complicated and poorly designed tax rules, and legal mechanisms that obscure price signals.
Jonathan Vanderhagen believes a judge doomed his son to an early death. The judge says Vanderhagen's Facebook posts were intimidating.
Pending restrictions on vaping products in Michigan and New York are based on an alarmingly broad understanding of the executive branch's "public health" authority.
"Controlled choice" is supposed to fix inequality in New York public schools. It might make everything worse.
Plus: Attacks on Saudi Arabia unlikely to raise U.S. oil prices