Biden's Latest Student Loan Scheme Has a Bigger Price Tag Than Originally Projected
The administration’s SAVE plan for student loan forgiveness is estimated to cost $475 billion.
Economics
Methanol-Tainted Liquor and Xylazine-Tainted Fentanyl Illustrate the Same Prohibitionist Peril
While the lethal effects of Iran’s booze ban are widely recognized, politicians ignore similar consequences from U.S. drug laws.
A Decade After Bankruptcy, Is Detroit Better?
The 2013 bankruptcy filing didn't make the city more prosperous, more functional, or less corrupt.
'Bidenomics,' Like All Industrial Policy, Sucks
Plus: Does Tom Cruise really do all of his own stunts?
RIP Anchor Steam, the San Francisco Brew That Saved Craft Beer in America
Anchor Brewing was sunk by the same forces that former owner Fritz Maytag helped unleash by nurturing America's craft beer revolution.
Giving Away Taxpayer Money Is Not the Best Way To Attract Investment
State and countries should make their business climates more attractive to investment, not just dole out taxpayer money.
Two Cheers for the "Freedom Conservatism" Statement of Principles
It has many good points. But I have some reservations and questions.
'Bidenomics' Is Nothing New
It's a familiar program. And it will result in higher prices, slower growth, and fewer jobs.
'Freedom Conservatism' Statement of Principles Shows the New Right Isn't the Only Game in Town
A new document with more than 80 signatories puts liberty, not government, at the heart of the conservative movement.
With Microsoft Victory, Courts Go On Epic Killstreak Against FTC Antitrust Agenda
The gaming market remains competitive with a wide variety of options.
Court Greenlights Microsoft Acquisition of Video Game Powerhouse Activision Blizzard
Plus: California social media law could backfire, Massachusetts may ban the sale of phone location data, and more...
Massachusetts' Wealth Tax Encouraged NBA's Grant Williams To Sign With Dallas
Grant Williams breaks down the math: "$54 million in Dallas is really like $58 million in Boston."
Police Seized Innocent People's Property and Kept It for Years. What Will the Supreme Court Do?
Civil forfeiture is a highly unaccountable practice. The justices have the opportunity to make it a bit less so.
Biden's Changes to Income-Based Student Loan Repayment Could Cost Billions
Biden plans to slash minimum monthly payments to just 5 percent of borrowers' income.
The Solution to Chinese Censorship Is Not Show Hearings
Government bullying won’t fix censorship caused by government bullying.
Trade War Heats Up With China's Export Restrictions on Two Critical Minerals
China and the U.S. are locked in a mutually destructive economic conflict.
This Election Season, Beware of These False Promises
Many politicians offer a simplified view of the world—one in which government interventions are all benefits and no costs. That couldn't be further from the truth.
A Private Libertarian City in Honduras
Próspera Inc. is creating a voluntary free market mini-state inside one of Latin America's poorest nations.
Drug Busts Are Linked to More Overdoses and Deaths
Plus: Government appeals social media order, Amsterdam attempts to move prostitution out of red-light district, and more...
'I Owe Freedom My Life': Jimmy Lai Is Imprisoned for Criticizing the Chinese Government
Lai's media company covered the Communist government's abuses when other Hong Kong media wouldn't.
Soho Forum Debate: Gene Epstein vs. David Friedman on the Nonaggression Principle
Economists Gene Epstein and David Friedman debated how best to persuade people to become libertarians at the Porcupine Freedom Festival.
Federal Judge to Biden Administration: Stop Telling Social Media Sites To Limit Free Speech
Plus: Teaching A.I. about the Fourth of July, and more...
Is Debating Debt Policy Actually Terrorism?
The fight over the debt ceiling has foreshadowed how the policy debates of the presidential election cycle are likely to go.
Indiana Constitution Protects Long-Established Unenumerated Rights, Including Personal and Economic Rights
So the Indiana Supreme Court held yesterday, though it concluded that, as to abortion, this is limited to situations where the abortion is necessary to protect the woman's life or health.
Colorado Can't Force a Graphic Designer To Create Same-Sex Wedding Websites, Supreme Court Rules
The decision reverses a terrible previous decision by the 10th Circuit Court of Appeals.
Government Ruins Yet Another Holiday Travel Weekend
Phantom thunderstorms scotch thousands of flights, because the FAA sucks.
Supreme Court Clarifies 'Undue Hardship' Standard for Religious Accommodations in the Workplace
Plus: Perspectives on the affirmative action ruling, how U.S. policy is thwarting Cuban capitalists, and more...
Adam Smith Said Colonists Should Join the British Union. Was He Serious?
Reading between the lines of The Wealth of Nations
The Next President Needs To Cut Spending
At a minimum, the national debt should be smaller than the size of the economy. A committed president just might be able to deliver.
Turns Out 'Bidenomics' Means Top-Down Economic Control
Joe Biden's big economic speech is a poor attempt at a branding exercise.
CBO Projects Huge Deficits, $116 Trillion in New Borrowing Over the Next 30 Years
A new Congressional Budget Office report warns of "significant economic and financial consequences" caused by the federal government's reckless borrowing.
Fearmongering Won't Solve Climate Change
Global warming is an issue. But there are other pressing problems that deserve the world's attention.
Trucking Company, Careening Toward Bankruptcy, Could Default on $700 Million Federal Bailout Loan
After losing more than $100 million in a single year, Yellow Corporation got a $700 million pandemic assistance loan from the government. It has only paid $230 on the principal.
Canada Is Poaching America's High-Skilled Foreign Workers
It’s an entirely predictable consequence of an inhospitable immigration system.
Ohio E.V. Manufacturer Fails Despite Millions in Taxpayer Subsidies
Lordstown Motors received $24.5 million to operate an Ohio factory. G.M., the factory's previous owner, received $60 million before shuttering it.
Oregon Partially Repeals Ban on Adults Fueling Their Own Cars
After many failed efforts at reform, the Oregon Legislature has passed a bill allowing gas stations to designate up to half their pumps as self-service.
How Other Countries Benefit From America's Dysfunctional Immigration System
The U.S. is keeping talented foreigners away—and failing to retain them.
Polls Reveal Americans' Fears About A.I.
Americans are more afraid than excited about A.I. But these technologies offer far more to cheer than to fear.
Confidence in Market Principles
Why are some Republicans turning their backs on the free market principles we’ve advocated for generations?
Gadgets and Gizmos That Inspired Adam Smith
Smith appreciated the beauty and allure of intricate systems.
An Interview With Adam Smith (No, Not That One)
The so-called father of capitalism was not available for comment, so we talked to another economist, Adam C. Smith.
New York City Orders Inflation-Adjusted Rent Cuts at Rent-Stabilized Buildings
The country's largest legacy rent-control policy is pushing building owners to the breaking point.
The Federal Trade Commission's Latest Frivolous Antitrust Suit Takes Aim at Amazon
Plus: Texas’ new anti-porn law, Biden meets with A.I. critics, and more...
She's Suing the Fed To Open a Rothbardian Bitcoin Bank
Caitlin Long's Custodia Bank will hold 108 percent of customer funds on deposit...if the Federal Reserve will allow it to open.
