The Economist Who Wants To Make the World Poorer
Thomas Piketty's plan is a comprehensive program for global managed decline dressed up in the language of climate justice and equality.
Economics
2 Texas Grandmothers Who Overcame Addiction Wanted To Become Social Workers. The State Wouldn't Let Them.
Now Katherin Youniacutt and Tammy Thompson are taking their fight to become licensed master social workers to the Texas Supreme Court.
The House Just Passed a 'Pro-Worker' Bill That Takes Power Away From Workers
The Faster Labor Contracts Act promises quicker union agreements, but it would let federal arbitrators impose contracts workers never approved.
Why Are Republicans and Democrats Abandoning Economic Freedom?
"It's really important that people step back, look at economic history," says economist Donald Boudreaux. "They'll see that we prosper more the more economically free we are."
Inflation Reaches 4.2% as Prices Outpace Paychecks
The Iran war and Trump's tariffs are pushing prices higher, and neither will be easy to undo.
The Next AI Success Story Might Be Nepal
A market-friendly ruling party, abundant energy, and ample talent could jumpstart a new tech hub in the Himalayas.
Trump's Position in the White House Ballroom Case Reflects His General Resistance to Judicial Review
The president has repeatedly argued that courts have no business deciding whether his actions are legal.
Federal Court Invalidates Trump's $100,000 H-1B Visa Fee as Illegal Usurpation of Congress' Power to Tax
The ruling relies in part on the Supreme Court's decision in the tariff case.
The 'Living Wage' Attack on Jobs and Prosperity
Rep. Ro Khanna's minimum wage proposal promises prosperity but would likely price many low-skilled workers out of the labor market.
Is Japan a Libertarian Paradise? Not Quite.
Behind Japan's economic success lies a government and legal system that clearly prioritize social stability and group harmony over individual rights.
Instacart Is Suing New York City Over Its $22.13 Minimum Wage for Delivery Drivers
The economic fallout of the law has been significant. Is it even legal?
Australia Tried To Tax Smoking Out of Existence. Now 80% of Tobacco Aussies Consume Is From the Black Market.
With cigarettes costing around $40 a pack, Australia’s war on smoking has become a case study in how prohibitionist policies create black markets, violence, and criminal power.
The Trump Administration Is Still Fighting To Keep Billions in Illegal Tariff Revenue
The administration has paid $20 billion in refunds. Now, it is asking a federal appeals court to limit which businesses will get the rest.
After 40 Years, No One Has Produced a Workable Single-Payer Health Care Plan
Vermont passed single-payer legislation in 2011 and abandoned the plan after three years of failure. Why?
The Government Wants a Monopoly on Conservation
The Department of the Interior embraces its inner statism by banning conservation groups from leasing public land.
Trump's Dubious New Section 301 Tariffs
They appear to be yet another illegal power grab, one that should be challenged in court.
This Social Worker Wants To Help Kids With Special Needs. Louisiana Won't Let Her.
The state requires that people prove certain businesses are needed. How to do that is another question entirely.
Cutting Tariffs on Farm Equipment Is Another Admission That Trump's Trade Policies Are Increasing Prices
Even as the White House backs away from its foolish tariff plans, the Trump administration keeps revealing why it should never have had these powers in the first place.
The Cigar Lounge That Bureaucracy Almost Killed
In Roanoke, Virginia, one entrepreneur’s dream ran into permit rules, taxes, Prohibition-era alcohol rules, and a city order to spend $10,000 on a “historic” dry-cleaning sign.
Why Socialism Won't Deliver Government Efficiency
Plus: the Democratic Party's candidate problem, property tax breaks for seniors, and the UFC on the White House lawn
Trump's Cotton Bailout Is Another Sign His Tariffs Aren't Working
The Great American Cotton Plan will shell out millions in taxpayer funds, continuing the Trump administration’s pattern of paying off industries harmed by the president’s economic policies.
How To Win a Trade War? Lose Less Than Your Opponents.
The only winning move is not to play. But if you must, a new book offers some suggestions.
Trump Administration Will Appeal Ruling Requiring Tariff Refunds
They claim the injunction requiring refunds cannot be universal, and can only apply to those businesses who filed lawsuits seeking recovery.
Is Private Equity Really 'Buying Up the Rituals of American Childhood'?
Connecticut Sen. Chris Murphy says that capitalism is killing youth hockey and fueling a "crisis of resentment." But who exactly is pissed?
The Least Surprising Headline Ever: 'Blowing Up Boats Hasn't Slowed Cocaine Traffic to U.S.'
After nine months of murdering suspected cocaine smugglers, the Trump administration has no evidence that the strategy is working as advertised.
Iran Is Turning America's Sanctions Playbook Against It
The U.S. Treasury is trying to fight the kind of trade embargo that it usually imposes on other countries.
California Public Sector Union Threatens Environmental Lawsuit Over Gavin Newsom's Return-to-Office Policy
Unionized state workers say agencies need to study the additional emissions that would be caused by requiring employees to come into the office four days a week.
Should You Be Allowed To Sell a Kidney? Economist Explains 'Repugnant Markets'
Alvin Roth, Nobel Memorial Prize–winning economist, wants us to think more about how controversial freedoms can become commonplace.
Stop Giving Property Tax Breaks to Senior Citizens
If the government does not reduce the cost of public services, then a special tax break for one group merely forces everyone else to pick up the slack.
Trump's Trade War Caused a $15 Billion Decline in U.S. Farm Sales to China
Though some of their products may have been redirected elsewhere, American farmers are likely eating most of the losses.
A Flawed Minimum Wage Study Shows How Bad Stats Get Turned Into Policy Gospel
A 2024 paper claimed higher minimum wages don't kill jobs. It was statistically significant—and almost certainly misleading.
How Moral Panic Creates Black Markets
Nobel Prize-winning economist Alvin E. Roth discusses the moral limits of markets, how bans create black markets, and why harm reduction often works better than prohibition.
Illinois Plans Tax Break for Billionaires and the Chicago Bears. Everyone Else Could End Up Paying More.
A new Bears stadium and Gov. J.B. Pritzker himself stand to gain if the legislation passes.
250 Years Later, Benjamin Franklin's Warning Is Still Relevant
He famously said the Founders had created "a republic, if you can keep it." How have we kept it? And can we continue?
Just 1 World Record at the Enhanced Games Shows the Integrity of the Competition
I watched hours and hours of the Enhanced Games so you didn’t have to.
Ayn Rand Is Alive in Ankara
Objectivism in Turkey has risen and fallen in recent decades, but is newly rejuvenated.
Abigail Spanberger Vetoes Mandatory Collective Bargaining, Defying Virginia Unions
The surprising move saves taxpayers from a steep bill—for now.
Should Billionaires Pay More Taxes?
Law professor Natasha Sarin debates the Cato Institute's Adam Michel.
Video of my Bruno Leoni Institute (Milan) Talk on the Supreme Court Tariff Decision and its Implications
I gave the talk earlier this week.
Minnesota Law Banning Prediction Markets Creates Victimless Crime
A Minnesota senator got fined for insider trading on a prediction market. His response was to ban the platforms for everyone in the state.
Lawsuits Accuse Corporate 'Cartel' of Monopolizing Missouri's Weed Market
A 10 percent ownership cap was supposed to prevent monopolies in Missouri's marijuana market. Instead, the state's licensing regime may have created a blueprint for companies to build one.
Trump's Approval Rating Is Cratering. Tariffs Are a Big Reason Why.
They cost each American household roughly $1,000 in 2025, with more coming in 2026.
US Court of International Trade Refuses to Stay Injunction Against Trump's Section 122 Tariffs
The decision means the injunction blocking collection of the tariffs will not be blocked while litigation continues.
Britain Pressures Supermarkets To Cap Food Prices
British supermarkets already operate on thin margins, but politicians are treating their prices as if they were arbitrary.
Why Populism Leads to Decline
Johan Norberg discusses what makes societies prosperous, why protectionism and nostalgia keep returning, and how populism feeds cultural decline.
