Oren Cass Notices One of Industrial Policy's Fatal Flaws
Cass says industrial policy will only work if the politicians can put aside political disagreements and partisan agendas. In other words, industrial policy will never work.
Cass says industrial policy will only work if the politicians can put aside political disagreements and partisan agendas. In other words, industrial policy will never work.
California’s experience combatting wage theft has been a headache for employers without much in the way of restitution for workers.
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Companies make decisions all the time, some of them regrettable and unfortunate, that shouldn't be any of the government's business.
In 2021, the state of Georgia made an expensive bet on an unproven company that could be headed for financial catastrophe.
The Inflation Reduction Act imposes byzantine requirements to qualify for the credits. Some automakers are simply ignoring them and finding other ways to lower prices.
FTC Chair Lina Khan has an agenda that's against big companies, not for consumer well-being.
One place where environmentalists and libertarians are on the same page
Excessive government interference in the market hurts consumers and thwarts policy goals. It also gets in the way of the government itself.
Volkswagen unveiled a cheap new electric concept car, but protectionist policies mean it's not worthwhile for the company to introduce it in the U.S.
It would result in shortages, decreases in productivity, and higher production costs affecting millions of American workers and nearly every consumer.
Plus: did the editors sing Happy Birthday to Adam Smith?
Plus: did the editors sing Happy Birthday to Adam Smith?
What at first appears to be deregulation is actually economic activism in disguise.
The Democratic president is supercharging former president Trump's failed approach to domestic manufacturing.
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The higher taxes on small businesses and entrepreneurs could slow growth. Less opportunity means more tribalism and division.
American companies and consumers "bore nearly the full cost of these tariffs because import prices increased at the same rate as the tariffs."
In an attempt to create a new banquet license, a bill introduced in Utah would require every restaurant to build a wall that blocks off its private party space from the rest of the establishment.
Under the Kelo v. New London Supreme Court decision, a state can take private land to give to a private developer for almost any reason it wants.
It’s a win for self-defense rights in ongoing campaigns to conscript businesses for political causes.
Big corporations and entire industries constantly use their connections in Congress to get favors, no matter which party is in power.
When politicians manipulate industry, the public pays the price.
"The country is that divided," said one business owner. "We kind of want to be with our own people. We want to stick together."
Politicians say they want to subsidize various industries, but they sabotage themselves by weighing the policies down with rules that have nothing to do with the plans.
The legislation, which forbids shipping anything between American ports in ships that are not U.S. built and crewed, is just another a special deal that one industry has scammed out of Congress.
Politicians' go-to fixes like child tax credits and federal paid leave are known for creating disincentives to work without much impact on fertility.
Companies who embrace political agendas to please some of their employees or customers risk alienating others.
Election betting markets are often more reliable than pundits. Did the site steal user funds? No. Did they lie to people? No. Harm anyone? No.
Cannabis consumers should have the same commercial leisure spaces that alcohol drinkers do.
The Netscape co-founder and legendary venture capitalist talks about the future, innovation, and your next beach read.
These days, he may run for president. His politics have changed.
Apparently, parents’ rights don’t extend to letting their kids listen to naughty Christmas lyrics.
Biden sat in a truck that costs as much as $120,000 to promote a tax credit that only applies to electric vehicles retailing for up to $80,000.
Floridians will bear the cost of DeSantis currying favor with immigration restrictionists.
The Strategic Petroleum Reserve is supposed to insulate the U.S. from oil embargoes and foreign wars. More often, it has been used like an insurance policy for private companies.
The Biden administration's antitrust efforts are being shut down by judges, except for a single successful case where best-selling authors were involved.
Despite what you may have heard, many "recyclables" sent to recycling plants are never recycled at all.
The factory may have been a bad deal for Virginia, but tying the decision to Chinese aggression is the wrong move.
But partisans are having the wrong debate.
The Inflation Reduction Act extended tax credits for buying electric vehicles, but the requirements will put them out of reach for most customers.
Compliance could prove impossibly expensive for independent food sellers.
When I was young, I assumed government would lift people out of poverty. But those policies often do more harm than good.
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Antitrust regulators don't seem to understand how the video game industry works.
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