How Capitalism Beat Communism in Vietnam
It only took a generation to go from ration cards to exporting electronics.
Economics
Biden's Antitrust Case Against Apple Is Truly Stupid
Plus: A listener asks about the absurdity of Social Security entitlements.
The Absurd Apple Antitrust Lawsuit
If you fail to see a problem with Apple's actions, you may not be an overzealous government lawyer.
How 1990s Libertarians Laid the Groundwork for Cryptocurrency
Economist Friedrich Hayek inspired an early foray into electronic cash.
Photo: A Private Moon Landing
Odysseus became the first private spacecraft to have a successful soft moon landing—kind of.
Political Stupidity and Bureaucratic Bungling Created New York's Pot Legalization 'Disaster'
Three years after the state legalized recreational marijuana, unauthorized weed shops outnumber licensed dispensaries by 23 to 1.
Marjorie Taylor Greene Introduces Measure To Oust Mike Johnson as House Speaker
Johnson could lose the speakership for the same reasons Kevin McCarthy lost it just five months ago. Who will be next?
A GOP Plan To Raise the Retirement Age Reveals How Unserious Washington Is About Social Security
An obvious, tepid reform was greeted with shrill partisan screeching.
The Government Can't Save India's Suffering Farmers
Protests in the country come from an understandable place. But their demands are divorced from certain unfortunate economic realities.
The National Debt Is a National Security Issue
The growing debt will "slow economic growth, drive up interest payments," and "heighten the risk of a fiscal crisis," the CBO warns.
"Spam Private Eye" Can't Constitutionally Be Required to Get Real Private Eye License,
at least when the license requires 6000 hours of training on matters far removed from his expertise.
Opposition to U.S. Steel Sale Shows How Similar Biden and Trump Are on Trade
Economic nationalists are claiming the deal endangers "national security" to convince Americans that a good deal for investors, employees, and the U.S. economy will somehow make America less secure. That's nonsense.
How the EPA's New Emissions Rule Is Likely To Backfire
While drafted with good intentions, the rule prioritizes electric vehicles that run on batteries, even as hybrids see strong sales growth.
Federal Handout to Intel Will Cost $283,000 Per Job, and That's Being Generous
And the real kicker is that Intel was probably going to create those jobs without taxpayers funding anything.
No Ice Cream Price Gouging Thanks to Substitutes
Unilever’s split from its ice cream division shows market share and market power are very different concepts.
David Boaz: Libertarianism Is the Intellectual Core of Liberalism
How Vietnam, Watergate, and stagflation supercharged the libertarian movement.
The Political Right Has Luxury Beliefs, Too
Support for industrial policy and protectionism are supposed to help the working class. Instead, these ideas elevate the already privileged.
'15 Days To Slow the Spread': On the Fourth Anniversary, a Reminder to Never Give Politicians That Power Again
In the name of safety, politicians did many things that diminished our lives—without making us safer.
Seattle Law Mandating Higher Delivery Driver Pay Is a Disaster
Just two weeks after the law went into effect, Seattleites had to contend with $26 coffees and $32 sandwiches.
The U.S. Steel/Nippon Deal Should Be None of Joe Biden's Business
Both companies consented to the deal. Why should they have to get permission from the president to do business?
Biden's Proposed Corporate Tax Hike Will Punish the Average American
The president wants to raise the rate from 21 percent to 28 percent, despite it being well-established that this is the most economically-destructive method to raise government funds.
New Inflation Numbers Keep Economic Concerns Front and Center
The eroding value of the dollar inflicts pain, and Americans resent politicians who cause it.
The Best of Reason: The Future of Immigration Is Privatization
New immigration pathways are letting private citizens welcome refugees and other migrants—and getting the government out of the way.
Expanding the Drug War To Include Tobacco Would Be a Big Mistake
The judicially approved Brookline ban reflects a broader trend among progressives who should know better.
The White House Claims Borrowing $16 Trillion Over the Next Decade Is Fiscally Responsible
If you can't even get close to balancing the budget when unemployment is low, tax revenues are near record highs, and the economy is booming, when can you do it?
Inflation Isn't Imaginary
Plus: Chinese border-crossers, gender transitions for kids, the politics of raw milk, and more...
Biden's Independent Contractor Rule Threatens the Evolution of Work
Much-desired flexibility for gig workers is in jeopardy.
Feds Enforcing Unconstitutional Reporting Law Against Most Businesses
Are you in compliance with the Corporate Transparency Act? Have you even heard of it?
Mass Deportations of Immigrants Destroy More Native-Born American Jobs than they Create
Leading immigration economist Michael Clemens explains why.
Magatte Wade on Africa, Foreign Aid, and Free Markets
"We are poor because we don't let our entrepreneurs work," says the director of the Center for African Prosperity at the Atlas Network.
The Future of Immigration Is Privatization
New immigration pathways are letting private citizens welcome refugees and other migrants—and getting the government out of the way.
The SEC Conscripts Corporate America in Its New Climate Change Fight
The new reporting rules will force companies to disclose whether they are prioritizing climate change concerns.
A Bipartisan Tax Hike Won't Fix This Deficit
The government needs to cut back on spending—and on the promises to special interests that fuel the spending.
Republicans Use Fuzzy Math To Claim Large FBI, ATF Cuts in Budget Bill
The total appropriations package would cut $200 billion over 10 years, as the national debt expands by $20 trillion.
Patri Friedman and Mark Lutter: Does a City Need a State?
Patri Friedman and Mark Lutter discuss free cities and "markets in governance" on the latest episode of Just Asking Questions.
Not Again With the 'Shrinkflation,' Please
Shrinkflation is just inflation by another name, and two other facts to keep in mind during tonight's State of the Union address.
Arizona Is Weighing Nonsensical New E-Verify Measures
The proposal would harm business owners, consumers, and workers without much benefit in return.
Everything Is Getting Bigger in Texas
Plus: An interview with Montana Gov. Greg Gianforte, Minnesota lawmakers try to save Minneapolis zoning reform from excess environmental review, and the White House's new housing supply action plan.
Oregon Legislators Overwhelmingly Vote To Recriminalize Low-Level Drug Possession
The reversal of a landmark reform was driven by unrealistic expectations and unproven assertions.
Rudy Carey Was Pardoned, but the Unjust Law That Kept Him From Working Is Still on the Books
Virginia’s barrier crime law limits employment prospects for ex-offenders, who often find their way back into the penal system when they can’t find work.
Milei Is Defying Argentina's Powerful Labor Unions
President Javier Milei's adversaries are wealthy Argentines who have benefited from government largesse.
Of Course Special Interests Shaped California's New Minimum Wage Law
Gov. Gavin Newsom's response to allegations of favoritism only serve to underline how the entire fast food minimum wage law was a giveaway to his buddies.
Town Says Burger Joint's Mural Can't Show Any Burgers
Salina, Kansas, restaurant owner Steve Howard argues in a new lawsuit that the city's sign regulations violate the First Amendment.
American Steel Production Has Fallen to Pre-Tariff Levels
The debate is over. Trump's steel tariffs failed.
The Economy Is Doing Way Better Than Many Believe
Despite the popular narrative, Millennials have dramatically more wealth than Gen Xers had at the same age, and incomes continue to grow with each new generation.
