Joe Biden's $11 Trillion Plan To Bankrupt America
The president-elect promised record levels of spending and taxes on the campaign trail. Will he succeed?
Economics
Peter Navarro's No-Good Economic Nationalism
Navarro is the missing link between the democratic socialists on the left and the economic nationalists on the right.
Joe Biden Declared Winner of Presidential Race
All major news organizations are now reporting that Biden has won enough Electoral College votes, even as Trump mounts potential legal challenges.
The Economy, Racial Inequality, and COVID-19 Topped Voter Minds
It's the world of the present, not the controversies of the past, that motivated voters.
The Rust Belt Made Trump President. The Bet Hasn't Paid Off.
If Trump loses his bid for re-election, it will be because Rust Belt voters abandoned him after four years of misguided economic policies.
The Kids Are All Right
The only creepy thing at the “Capitalism Is Spooky” Halloween rally in Portland was a conspicuous lack of fun.
Occupational Licensing Reform Is a Biden Policy We Can All Favor
Occupational licensing rules are more often arbitrary bureaucratic hurdles than they are protections for health or safety.
The U.S. Economy Grew by an Astonishing 33% in the Third Quarter. That's Still Not Enough To Reverse COVID-19's Damage.
Plus: Trump's best work was done by others, how that Carrier deal is looking four years later, and more...
Don't Freak Out About the Election
The most important parts of life happen outside of politics.
Milton Friedman's Free to Choose Proved Capitalism Is Superior to Socialism
Forty years later, the libertarian Nobel laureate's PBS series is still winning hearts and minds.
PPParty Time!
Turns out some of the federal government's PPP loans ended up going to people who didn't need them quite as badly.
Biden and Trump Offer Competing Tax Proposals, but Both Ignore Economic Reality
Trump plans to steal less of other people’s cash then Biden does, though neither has any serious suggestions for paying for their spending schemes.
Joe Biden's Economic Policies Would Cost the Economy 4.9 Million Jobs by 2030, According to a New Study
The Democratic presidential candidate has promised not to raise taxes on middle-income earners. That's not the full story.
The Republican Antitrust Suit Against Google Is a Progressive Dream
The government is going after Google not to stop consumer harm but to level the business playing field.
Bob Chitester: How Free To Choose Changed the World
Here's the inside story of Milton Friedman's path-breaking PBS series about economic and political freedom, from the man who produced it.
American Tariffs Are Bad for Booze. European Tariffs Would Be a Disaster.
The E.U. is considering levying $4 billion in new tariffs on American goods, with alcohol likely to be one of the targets.
Businesses Prepared for Natural Disasters Are Surviving COVID-19 Better Than the Competition
A government survey finds that prepping for hard times can have wide benefits.
The Feds Have Doled Out Record Farm Subsidies To Save Trump's Campaign
There's an easier way to lessen the impact of retaliatory agriculture tariffs: repeal our own
Two Important New Books on Knowledge, Bias, and Paternalism
Recent works by longtime intellectual antagonists Cass Sunstein (author of "Too Much Information") and Mario Rizzo and Glen Whitman (authors of "Escaping Paternalism") have a surprising amount of common ground.
The Next COVID Stimulus Bill Could Cost Trillions of Dollars or Might Not Happen at All
There's a fox, a goose, and a bag of grain. And a hippopotamus in the middle of the river.
Debt Reckoning
After years of federal fiscal recklessness, is Washington's bill finally coming due?
Mike Pence Says Joe Biden Will Repeal Trump's Tariffs. That's a Good Idea!
Too bad Biden's position isn't as good as Pence makes it sound.
The Case Against Trump: Donald Trump Is an Enemy of Freedom
When it comes to limiting the size and scope of government and protecting individual liberties, America's 45th president has been actively malign.
California Is a Cautionary Tale for America
California bounds from one crisis to another; most of them being self-imposed.
Will These Lawsuits End Trump's Tariffs? More Than 3,500 U.S. Companies Hope So.
The lawsuits have been filed over the past two weeks by several major American companies, including retailers Target and Home Depot, car manufacturers Tesla and Ford, and several major manufacturing firms.
Trump's Visa Ban Will Slow America's Recovery
The net result of turning away foreign labor is greater unemployment—and lower wages—for native-born workers.
Hope for Free Market Reform in Uruguay
President Luis Lacalle Pou's defense of free market capitalism—extremely rare in Latin America—is no coronavirus fluke.
Congress Continues to Spend Delusional Amounts of Money
Even without further spending increases, the Congressional Budget Office projects that the national debt will hit 107 percent of GDP in 2023.
Federal Payments to Farmers Have Tripled Since 2017, and Trump Just Promised Even More
Trump's farm bailouts have cost taxpayers more than $28 billion already, and he just announced another $14 billion in payments as part of his reelection pitch to farm-heavy states.
America's Debt Will be Twice the Size of the Economy by 2050
The Congressional Budget Office warns that higher levels of debt will slow economic growth significantly in the years ahead.
After the Stimulus Binge, Brace for a Crash
Skyrocketing debt, higher borrowing costs, and a hobbled economy are predicted in the latest Congressional Budget Office report.
End the War on Drugs
Drug prohibition turns police officers into enemies to be feared rather than allies to be welcomed.
U.S. Withdraws Foolish Threat of New Tariffs on Canadian Aluminum
First the Trump administration told us aluminum imported from Canada was a national security threat. Then it suddenly decided it's not a big deal.
Joe Biden's Proposed Budget Would Hike Spending, Raise Taxes, and Further Inflate the National Debt
Biden is proposing about $3 trillion in new taxes, mostly on the rich, to pay for up to $11 trillion in new spending. That's a recipe for even bigger budget deficits.
The World Is Doing Better Than Ever. Here's Why You Never Hear About It.
Ten Global Trends Every Smart Person Should Know documents progress and explains why it happens.
Ronald Bailey: The World Is Getting Cleaner, Richer, and Safer
Ten Global Trends Every Smart Person Should Know documents the immense, ongoing progress that politicians and media refuse to acknowledge.
California's Job-Killing A.B. 5 Scaled Back, but Only for Some Professions
Rideshare drivers and delivery people are still going to have to beg voters to let them work.
This Labor Day, Police and Teachers Unions Are Making a Bad Year Worse
Americans are being forced to confront the downsides of powerful organized labor in an already miserable year.
America's National Debt Will Be Larger Than the Economy Next Year
The Congressional Budget Office says the deficit will hit $3.3 trillion this year. The national debt will exceed the size of America's gross domestic product for the first time since the end of World War II.
Both Biden and Trump Plan to Spend Well Beyond the Government's Means
Whether Biden or Trump wins this November, we're in for big, unaffordable government. How much bigger and how unaffordable are the only real questions.
More Money Does Buy More Happiness
Researchers and economists have been debating this idea for decades, and a new study in the journal Emotion sheds more light on the role money plays in increasing happiness levels.
The Republican Convention's Defense of Trump's Trade War Fell Flat
A Wisconsin business owner who spoke about losing business to China ended up inadvertently undermining the administration's argument for protectionism.
Voters Will Have a Chance To Save Ride-Sharing and Delivery Services From California's Regulators
In November, California voters will decide on Proposition 22, a measure would carve out a contracting exemption for independent drivers.
Trump's Attacks on Free Trade Have Actually Made It More Popular With Voters
Thanks to a paradoxical Trump bump, nearly 90 percent of both Democrats and Republicans now say they support international trade.
Want To Boost Economic Growth? Tell Government To Spend Less
Research suggests reducing spending will boost consumption in the short- and long-run.
In Convention Speech, Mike Pence Said Joe Biden Will Repeal Trump's Tariffs. If Only That Were True.
Unfortunately, Biden has carefully avoided committing to changing much of anything about Trump's trade policies.
Trump's War on Economic Freedom
In the president’s mind, trade is not a right to be respected but a process to be managed by politicians.
The Fed Sees Lingering Economic Pain From the Pandemic and the Lockdowns
The danger of the virus can’t be considered to the exclusion of the need for jobs and prosperity.
