Trump's Tariffs Didn't Work. Biden's Won't Work Either.
They favor special interests, hurt consumers, and have utterly failed to rein in China.
Economics
Keeping Warm This Winter Could Be More Costly As Inflation Heats Up
Plus: Psychedelic entrepreneurs, American seafood stuck in Canada, and more...
High Inflation Is Here To Stay
But the people in power won’t even say as much, let alone do something about it.
This Year's Nobel Prize in Economics Is a Victory for Objectivity and Rigor
It's a defense of scientific values that sadly need defending.
Congress Raised the Debt Ceiling Again Without Doing Anything To Fix the $28 Trillion National Debt
Plus: Why "reforming" Section 230 makes little sense, the FDA finally admits vaping is safer than smoking, the U.S. will reopen its land borders with Canada and Mexico, and more...
Bad Jobs Numbers Raise More Questions About Unemployment Insurance
Is the problem government cash or have we entered a new paradigm?
Federal Court Upholds California's Oppressive Restrictions on Freelance Writers
A panel has unanimously determined the First Amendment isn’t violated if state regulations keep independent writers from landing work.
With Ports Clogged, Some Retailers Are Looking for Alternative Supply Chains
Plus: Columbus Day vs. Indigenous Peoples Day, the Biden administration prepares to regulate cryptocurrencies by executive fiat, and more...
The Hidden History of the Trillion Dollar Coin
Friday A/V Club: In 1992, it was a paramilitary America Firster who wanted to #MintTheCoin.
Los Angeles Orders Local Businesses To Serve as Vaccination Enforcers
The fines for failure fall not on the unvaccinated, but the people serving them.
Joe Manchin Isn't the Fiscal Conservative We Need, but He's the Best We've Got
"Spending trillions more on new and expanded government programs, when we can't even pay for the essential social programs...is the definition of fiscal insanity."
Americans Paid $7.6 Billion in Tariffs During August, a New Monthly Record
The trade deficit is now the widest on record too.
Don't Ask Politicians To Fix a Supply Chain Crisis They Created
Governments may not be able to make an economy, but they've proven they can break it.
AOC Uses Facebook Outage To Make the (Unrelated) Case for Antitrust
"Maybe one billionaire with a penchant for destroying democracies shouldn’t be allowed to own so much of the internet," says the representative from New York.
Our Looming Trillion Dollar Doom
Plus: the unintended consequences of mandating COVID vaccines for students
Biden's China Trade Policy Is Littered With Contradictions
U.S. Trade Representative Katherine Tai stresses the need for American competitiveness at the same time that the White House is pushing huge tax increases on U.S. businesses. And that's just the start.
USPS Implements New Business Plan of Higher Prices and Worse Service
The postal service is trying to get its fiscal house in order. It's also alienating large shippers of first-class mail.
Universities Are Teaching Intolerance
We need more alternative paths to education and employment.
Joe Manchin Is Forcing Congress To Think About the Deficit. Good.
Among Americans who aren't liberal pundits, the debt and deficit rank as major concerns. It's about time Congress noticed.
Democrats Are Denying Basic Economics
Under Biden, Democrats have decided that their agenda has no costs and no tradeoffs.
Biden's Inflation Scapegoat Is 'Profiteering'
Profligate government spending supposedly has nothing to do with it.
Biden Says $3.5 Trillion Reconciliation Bill Has a Price Tag of 'Zero.' That's Dubious.
Democrats are now relying on the same "dynamic scoring" technique they've previously criticized.
Blame Both Parties if the Federal Government Shuts Down in December
Democrats want to raise the debt ceiling, while Republicans occasionally remember they're against big government spending.
Tariffs on Chinese Imports Have Accomplished Approximately Nothing
A new study shows that former President Donald Trump's tariffs did little to push American companies out of China.
George Will vs. 1619 Project: The U.S. Founding Is 'the Best Thing That Ever Happened'
The Washington Post columnist says President Joe Biden isn't a progressive but "will go where the [Democratic] party goes, and the party is being driven by other people."
Democrats Don't Have a Filibuster Problem. They Have a Joe Manchin Problem.
The problem isn’t the GOP or Senate rules. It’s that Democrats can’t agree amongst themselves.
New Study: Large Minimum Wage Hikes Especially Disadvantage Younger, Less Educated Workers
Taking advantage of variations in state minimum wage hikes, researchers find strong effects for bigger hikes, not much for smaller ones.
Biden's Drug Price Controls Would Make Americans Sicker and Shorten Their Lives
The plan would reduce supply while increasing demand, resulting in harmful shortages.
Pennsylvania's Liquor Control Board Will Ration Booze Sales Because It Won't Admit That Prices Work
Price controls fail for other products, and liquor is no different.
Biden's Plan To Crack Down on Tax Cheating: Snooping on Everyone's Bank Accounts
The president says the IRS needs just two bits of information: all the money that goes into your bank account, and all the money that comes out.
SpaceX Sends First All-Civilian Crew to Big Boy Space
The company successfully launched four amateur astronauts into orbit as part of its privately financed "Inspiration4" mission.
America on the Dole
Biden's American Families Plan would put most working-age American households on the dole.
Vaccine-Related Heart Inflammation Risks for Young People Much Lower Than COVID-19 Heart Inflammation Risks
Young males infected with COVID-19 are six times more likely to develop myocarditis than those who have been vaccinated.
Bitcoin: 'A Weapon for Us To Fight Oppression'
Senegalese app developer Fodé Diop sees bitcoin as a way to end "monetary colonialism" in the developing world.
Biden's $3.5 Trillion Spending Plan Will Leave Americans Poorer in the Long Run
A new analysis projects that private capital, wages, and America's GDP will fall over the next three decades if Congress passes the $3.5 trillion reconciliation package. But at least government debt will grow!
Securities Regulations Shackle U.S. Cryptocurrency Industry
Old rules and odd enforcement are pushing opportunities overseas.
Cynthia Lummis, Crypto Queen of the U.S. Senate
The Wyoming Republican explains why she's long on bitcoin.
House Democrats Ready Taxes on E-Cigarettes and Cryptocurrency
Plus: Vaccine mandates are popular, Texas versus free speech, and more...
Two Big New Ways the Biden Administration Plans To Overstep Its Pandemic Authority
Plus: The vaccine and abortion debates, a promising jobs report, and more...
California's 'Landmark' Labor Law Is Still Wreaking Economic Havoc
It's the sign of particularly bad legislation when lawmakers must create dozens of carve-outs and workarounds so that the supposed beneficiaries are exempted from its provisions.
When We Reject Immigrants, We Reject Trillions of Dollars in Wealth
Growing evidence confirms that barriers to immigration make us all worse off.
Medicare Is About To Run Out of Money. Democrats Want To Make the Program Cost Even More.
The federal health care program is on track for a trust fund shortfall in just five years. But instead of paying for the program that exists, Democrats want to expand it.
Help Workers by Breaking Down Barriers to Labor Mobility
Labor Day is a good time to remember that we can make workers vastly better off by empowering more of them to vote with their feet.
Bernie Sanders Is Wrong About Denmark. Tucker Carlson Is Wrong About Hungary.
The two are idolizing the wrong models.
No, Police Officers Aren't Resigning in Droves
Compared to pandemic employment shifts in other fields, law enforcement numbers are fairly stable.
How Many Union Members Does It Take To Operate a Train?
Labor unions have been lobbying federal regulators to mandate that all freight trains operate with two-person crews in the cab. But automation renders this largely pointless.
Once a Communist Backwater, Georgia Discovered the Benefits of Free Markets. Now It Risks Abandoning Them.
"Government should be very small. It should just regulate the minimum."
