The U.S. Credit Rating Just Dropped. It's Time for Radical Budget Reform.
The lack of oversight and the general absence of a long-term vision is creating inefficiency, waste, and red ink as far as the eye can see.
Economics
Tara Isabella Burton: Self-Made, From Da Vinci to the Kardashians
Since the Renaissance, we've been increasingly able to define who we are as individuals. But is that a false freedom?
Google Will Go to Trial Over Preloading Apps and Search Engine on Phones
Plus: Ohio Issue 1 defeated, Supreme Court pauses order vacating gun regulations, and more...
This Scientist Used To Spread Climate Change Alarmism. Now She's Trying To Debunk It.
The doomsday consensus around climate change is "manufactured," says scientist Judith Curry.
Ron DeSantis' Unconvincing Economic Reset
Though an improvement over his obsession with wokeness and culture wars, DeSantis can't seem to ditch the populist demagoguery.
Did Drug Decriminalization Cause a 'Catastrophe' in Oregon?
Many of the problems the state is experiencing are caused by the continuing impact of prohibition.
Season 1, Episode 1 Podcasts
Why We Can't Have Nice Things: The Great Baby Formula Shortage of 2022
A combination of "absurdly high" federal tariffs and excessive FDA regulations created the conditions for a crisis.
Is the Budget Process Broken, or Is Congress Just Refusing To Do Its Job?
Since Congress designed and implemented the last budget process in 1974, only on four occasions have all of the appropriations bills for discretionary spending been passed on time.
U.S. Credit Rating Downgrade Is a Sign of Government Dysfunction
The national debt has ballooned from $14 trillion to $32 trillion in a little over a decade.
When the Hollywood Strike Is Over, What Will be Left?
Between A.I. and TikTok, the actors and writers will be returning to a changed industry.
Bernie Sanders Introduces a Bill To Raise Minimum Wage to $17 by 2028
The proposal would raise the federal minimum wage by 134 percent.
The Democratic Governor Who Wants Drug Legalization and Free Markets
"Government in general does a lot of things that aren't necessary," says Jared Polis.
Americans Love NASA, But Private Firms Do the Real Work in Space
People see a continuing role for the space agency, but mostly in national defense.
The Chicago Boys' Deal With the Devil
The Chile Project surveys neoliberalism's most polarizing experiment.
Democrats Propose Eliminating Student Loan Interest
The plan's supporters say it won't push costs onto taxpayers.
Season 1 Free Trade
Trailer: Why We Can't Have Nice Things Season 1
A six-part podcast series on trade policy launching next week
There's Nothing Free Market About the Board Game Monopoly
For an economics lesson, Nina Turner should try out Catan.
Industrial Policy Isn't About Creating Jobs
It's a short-sighted approach that distracts us from the more important question.
Under Multiple Budget Scenarios, the Government's Numbers Still Don't Add Up
Balanced federal budgets aren’t even considered as a possibility.
Anarchy in Central Park
New York politicians got out of the way for once, and something beautiful happened.
Taiwanese Company Demands U.S. Taxpayers Cover the Higher Costs of Making Semiconductors in Arizona
Taiwan Semiconductor Manufacturing Company cites regulatory costs and a lack of skilled workers as specific impediments. Biden and Congress can fix those without giving out billions of taxpayer dollars.
Officials Want To Ban Weight Discrimination in the Workplace
Plus: Elite colleges favor the rich, D.C. restaurants pass on new wage costs to customers, and more...
Get Your Culture War Out of Our Pension Funds
Plus: Should libertarians consider employing noble lies when pitching themselves to new potential voters?
Biden Administration Considering New Tariffs That Will Hike Prices for Canned Goods
The Commerce Department and the International Trade Commission are considering a petition that would impose tariffs of up to 300 percent on tinplate steel.
Progressives and Populist Republicans Are Coming for Your Credit Card Rewards
New legislation would intervene in the credit card market to help businesses like Target and Walmart, who don't like the fees they have to pay to accept credit card payments.
New Federal Merger Guidelines Hint: Maybe Just Don't Merge Anything at All
Plus: Authors demand compensation from A.I. systems, IRS whistleblowers speak out about Hunter Biden investigation, and more...
Why Did Joe Biden Stop Talking About the Deficit?
The federal budget deficit has exploded under Biden's watch, and he can no longer pretend otherwise.
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.
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.
'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.
'Bidenomics' Is Nothing New
It's a familiar program. And it will result in higher prices, slower growth, and fewer jobs.
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."
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.
'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.
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.
