The Nearly Free Markets of Guatemala
Guatemalans don't wait for the government's permission. They build their own markets through voluntary exchange.
Economics
Capitalism in the Cracks: How Japan's Microspaces Unleash Economic Experimentation
These spaces are so small that most cities would ignore them. Tokyo doesn't.
Federal Circuit Rules Against Trump's Massive IEEPA Tariffs in Our Case Challenging Them
In a 7-4 ruling, the en banc court upheld trial court ruling against all the challenged tariffs. The scope of the injunction against them remains to be determined.
Federal Appeals Court Says Trump's Tariffs Are Unlawful, Allows Them To Remain in Place
Trump went "beyond the authority delegated to the President," the court ruled, but it vacated an injunction that could have provided immediate tariff relief to American businesses.
Trump's Tariffs and Immigration Policies Are Why Your Amazon Packages Are So Expensive and Will Take Forever
I got a pair of shoes delivered from Asia for a reasonable price. Trump just ended the exemption that makes that transaction possible.
Trump's Fed Coup
Plus: Beachy vignettes, Smithsonian scrutiny, Gavin Newsom might not be the Democrats' great new hope, and more...
Report: 28 States Now Recognize Occupational Licenses From Elsewhere
Despite improvement, significant barriers remain to working many jobs.
Bob Murphy: Are We Flirting with Fascism?
Economist Bob Murphy discusses the mounting pressure on the Federal Reserve, the implications of the government taking Intel equity, and capitalism under siege on the latest episode of Just Asking Questions.
The Real Threat to Fed Independence Isn't Trump. It's Congress' Debt Addiction.
The president's clear attempt to interfere in the Federal Reserve is not a one-off crisis.
Federal Funding for Universities Comes With Strings. Now Trump Is Pulling Them.
The potential nationalization and forced revenue sharing of university patents makes a strong case for the separation of economy and state.
Trump's Tariff Spin Is Putting Republicans in an Awkward Spot
Should they brag about raising taxes, like the White House is doing, or try to distance themselves from those same tax increases?
Fed Governor Lisa Cook's Record Is a Reminder of the Social Justice Insanity of 2020
Trump is attempting to fire a Federal Reserve board governor.
'Tariffs Will Simply Put Us All Out of Business': Trump's Trade War Is Crushing American Crafters
Tariffs are making it more expensive and inconvenient for Americans to explore their creative sides.
No, These New Studies Don't Show an AI Jobs Apocalypse Is Coming
Economists at the Federal Reserve and Stanford University recently published studies investigating how AI affects employment in different industries.
Does It Matter That Donald Trump Is Confused by Magnets?
Is this another example of Trump's inability to understand why global trade is good for America, or does it suggest something even more serious?
Trump's Furniture Tariffs Will Make It Harder To Turn Your House Into a Home
Protectionism won't save the American furniture industry, but it will increase the cost of living.
Brandon Johnson's Chicago Is a Preview of Zohran Mamdani's New York
Big city mayors' progressive ambitions are on a collision course with fiscal reality.
Trump Promised Lower Electricity Bills. His Trade War Could Drive Them Higher.
The Trump administration recently expanded its list of tariffs to include grid transformers, parts of nuclear reactors, and parts for offshore oil drilling.
Closure of Tariff Loophole for Mail, Packages Puts Millions of Everyday Transactions at Risk
European postal services are cutting off delivery to the United States, leaving entrepreneurs and consumers scrambling.
College Football Is a Fun, Glorious Mess. These 7 Changes Would Make It Even Better.
How to fix the conferences, the rules, the playoffs, and more
Is It Too Late To End the Fed?
Plus: What the new E.U. trade deal means for tariffs and prices, a listener question about Rahm Emanuel’s presidential appeal, and the FBI raids John Bolton’s home.
An Appeals Court Says the $464 Million Fine in Trump's Civil Fraud Case Violated the Eighth Amendment
The decision overturns a staggering "disgorgement" order that was based on dubious math.
Trump Says He 'Paid Zero' for the Government's $11 Billion Stake in Intel. Here's the Downside.
This is corporate socialism in a MAGA hat.
Why Europeans Have Less
It's no coincidence why Europeans don't have air conditioning, clothes dryers, or ice.
Trump's Acquisition of Stake in Intel Highlights Similiarities Between Right-Wing Nationalist and Left-Wing Socialist Economic Policies
Both are prone to promoting government planning and control of the economy, and both have common flaws.
Cracker Barrel Didn't 'Go Woke.' It Just Went Broke.
The company's value was plummeting long before it nixed the "Old Timer" from its logo.
Trump's New Trade 'Deal' With the E.U. Leaves Out Beer, Wine, Booze
The deal locks in the 15 percent tariffs that Trump has imposed on most European goods imported into the U.S., including beers and other booze that isn't made here.
Why Do So Many Jobs Require a License?
Becoming a taxidermist or hair braider shouldn't involve costly hurdles.
Powell's Last Stand
Plus: Federal bureaucracy gets a redesign, Robert Moses messing things up (still), Syrian immigrant unemployment data, and more...
Review: Detroit's Ford Rouge Factory Reveals Just How Far American Industry Has Come
The factory has changed a lot, from making Model T parts to making Mustangs to assembling electric Ford F-150s.
No, Tariffs Can't Replace Income Taxes
They are among the worst taxes imaginable—narrow, arbitrary, unstable, and regressive.
Film Subsidies Weren't Enough To Keep Marvel in Georgia
Studios certainly appreciate free money, but lower fixed costs on labor are a much better incentive than tax credits they don't use.
Trump's Deportation Goals
Plus: Elites in the media, revoking security clearances, car prices going up, and more...
Europe's Highest Bridge Was Built Without Government Subsidies
France's Millau Viaduct is an engineering marvel funded by tolls.
Trump's Rebate Plan Will Push America Toward a Hyperprogressive Tax Code
The president’s $300 billion tariff rebate plan risks replaying Bush-era giveaways—but on a scale large enough to fuel inflation and deepen the deficit.
Trump's Steel Tariffs Now Apply to Milk and Hundreds of Other Products That Aren't Steel
It makes little sense, but that's what happens when you give the president unchecked, unilateral tariff powers.
25 Percent of Working Age Brits Are Out of Work. Why Is the U.K. Government Paying Millions To Stay Home?
Britain’s invisible people are caught in a welfare trap.
The Trump Economy Is Now Pay To Play
Plus: Trump talks with Putin in Alaska, federal troops flood D.C., a controversial Bureau of Labor Statistics nominee, and a listener question about the hosts as a band
Trump Promised 'Reciprocal' Tariffs. The Numbers Tell a Different Story.
In most cases, Trump's tariffs are significantly higher than the tariffs charged by other countries on American goods.
The Final Vacation Frontier
For just $55 million, you can book a weeklong vacation on the International Space Station. It's not exactly an all-inclusive beach resort.
Intel Is Reportedly the Latest Company Trump Wants a Piece Of
Since returning to office in January, Trump has floated several deals that would involve the feds taking a piece of an American company.
My New Bulwark Article on Trump's Unconstitutional Export Tax
The article explains why the policy is unconstitutional, but also why it is unlikely to be challenged in court in the near future.
Spirit Airlines May Go Out of Business Because of the Justice Department
The DOJ blocked Spirit's merger with JetBlue in 2024 over concerns about market consolidation, but markets also consolidate when failing firms go bankrupt and exit.
Firing BLS Director Over Weak Jobs Report Is 'Banana Republic' Behavior
If a Democratic president tried to so directly politicize an independent agency, Republicans would be screaming about the coming tyranny.
Soaring Wholesale Prices Mean Higher Inflation Is Coming. Are Tariffs To Blame?
New producer price index data suggests domestic companies are not eating the cost of Trump's tariffs.
