L.A. Delays Its $30 Hotel 'Olympic Wage' Until After the Olympics
It's a temporary reprieve for a sector that has been struggling for years. But the fight is just getting started.
Economics
Mamdani Got His Rent Freeze Wish. Don't Expect New York City Housing To Become More Affordable.
The NYC Rent Guidelines Board voted to freeze rent for approximately 1 million apartments on Thursday night.
Don't Let Sanctions Strangle Cuba's Transition To Markets
If the promised Cuban economic reforms are for real, the U.S. should step out of the way.
Michigan Spent $1.8 Billion and Only Created 602 Jobs
Gov. Gretchen Whitmer promised "generational" investments in her state, but as she leaves office, there's little to show for it.
America's Nuclear Industry Doesn't Need Cronyism To Thrive
Privately funded nuclear reactors are achieving critical milestones on their own, but the Trump administration wants to prop up a single company.
The Right Way To Fight a Trade War
Economist Soumaya Keynes discusses Trump’s tariff policies, how China changed the global economy, and why trade wars require restraint.
Reflecting Pool Debacle Is a Shorthand for Trump's Failing Second Term
The president is forcing his biggest supporters to choke down his incompetence and delusions like so much algae.
Even a Global Wealth Tax Can't Solve This Problem
Raise the price of an activity and people do less of it or restructure how they report it. Mobility was never the sole issue.
The DSA and the Democrats' Retreat Into Economic Fantasyland
The party's new crop of Mamdani-backed socialists are just the latest sign of a long slide into economic radicalism.
DOJ Says Equal Opportunity Officials Pressured Employers Into Race-Based Discrimination
A new Office of Legal Counsel opinion says disparate impact rules pushed employers to treat workers as members of racial groups rather than individuals.
Elizabeth Warren Wants To Raise Taxes and Give All the Money to Senior Citizens
Her plan to fix Social Security's fiscal flaws would ask workers to cover the full cost. Some Republicans are supporting it too.
G.T. School's Bet on Gifted Ed: Cash Rewards, 2 Hours of AI Tutoring, No Lectures
Pamela Hobart of G.T. School says a lot of schools are lying to parents.
Capping Credit Card Fees Threatens To Hurt Consumers and Small Businesses
Lawmakers can’t change the fact that expenses must be offset somewhere.
Seattle's Sky-High Minimum Wage for Delivery Drivers Has Been a Disaster
"We created a problem and it's our responsibility to fix it," former Seattle City Council President Sara Nelson admitted.
Polymarket's Alleged Fake Trades Don't Justify a Crackdown on Prediction Markets
A Wall Street Journal investigation uncovered $1.9 million in fake bets to market the platform. Punishing the prediction market industry isn't the answer.
Trump Lets Americans Buy Iranian Oil for the First Time Since the 1980s
As part of peace negotiations, the U.S. Treasury issued an unprecedented total waiver from Iranian oil sanctions.
Brazil Moves To End the Six-Day Workweek
Brazil's lower house has approved a constitutional amendment that would ban the common six-day workweek. It would make jobs even harder to find.
America Spent a Fortune Shooting Down Cheap Drones. Now the Missile Stores Are Bare.
After burning through interceptors in the Iran war, the U.S. faces a dire math problem: Enemies can build drones faster than America can build missiles.
The Mayor Who Loves Bodegas Is Building Taxpayer-Funded Competitors
Zohran Mamdani's administration has not studied how New York City's government-backed grocery stores will affect nearby mom-and-pop outlets, which operate on thin profit margins.
Major League Baseball Teams Have the Right To Offer Pride Uniforms. Should They?
The league’s conduct is indisputably protected by the First Amendment. But that doesn't make it wise.
Bernie Sanders Proposes AI Tax To Give Everyone $1,000 a Month. His Bill Would Do a Lot More Than That.
The Vermont senator's American A.I. Sovereign Wealth Fund Act would also create an entirely new regulatory regime for the tech industry.
Trump Has Used Taxpayer Money To Purchase Stakes in Dozens of Companies. Congress Is About to Make It Easier.
Lawmakers should be blocking Trump's corporate socialism, not making it a permanent fixture.
Americans Still Believe in the Founding—and Want Schools To Teach Capitalism
A new report found that 82 percent of Americans want the benefits of free markets taught in high school.
The War on Economic Growth Is a War on the Poor
No poor country has ever achieved decent living standards without first getting richer.
No, Trump Isn't 'Paying' Iran $24 Billion To End the War
There’s a lot of confusion about sanctions relief and the U.S.-Iranian deal on the table. Hawks are exploiting it to sabotage the peace.
Can Employer Fire You for Self-Defense on the Job?
Sometimes no, holds the Colorado Supreme Court.
The Trump Administration Wants More Tariffs To Combat 'Structural Excess Capacity.' Here's What That Means.
When businesses in other countries produce more goods than their domestic markets can use, is that a conspiracy against America? Of course not.
Even an AI-Sparked Economic Miracle Will Not Save the Federal Budget
Congress cannot sit by and hope for AI to fix the deficit.
The Courts Should Rein in Trump's Proposed Section 301 Tariffs as Well
A guest post by Georgetown legal scholar Peter E. Harrell.
Your Uber Driver May Soon Be Unionized. At What Cost?
It is in part an attempt to treat gig workers as full-scale employees rather than independent contractors. Drivers and riders will pay the price.
Elon Musk Becomes the World's First Trillionaire. Is That Such a Bad Thing?
Growing economies benefit all people, not just the uberwealthy.
Federal Circuit Stays Enforcement of Ruling Against Trump's Section 122 Tariffs
The ruling is flawed on both substantive and procedural grounds.
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.
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.
