Beware People Trying to Dismiss Jack Dorsey's Inflation Analysis as Disinformation
A good way to know you’re living through high inflation is when you’re discouraged from talking about it.
Economics
Josh Hawley Wants to Make the Supply Chain Crisis Permanent
If the power to his house went out during a storm, one assumes Hawley would declare electricity to be a mistake and demand that homes be lit with candles.
Biden's New Spending Framework Promises To Do Everything but Still Cost Nothing. That Doesn't Make Sense.
Plus: Facebook rebrands, McDonald's hikes menu prices, and more...
Biden's Nominee for Comptroller Wants To Put an 'End to Banking as We Know It'
The pick lends ammunition to those who have warned of a slippery slope toward socialism.
COVID Proves Andrew Yang's UBI Won't Work
Can the government really cut everyone a check without bankrupting the country and killing labor force participation?
Popular Progressive Policies Helped Ruin Venezuela. They Won't Work Here Either.
The idea that massive government spending, hate speech laws, and gun control will improve America—when they failed horribly elsewhere—is a dangerous myth.
Garry Kasparov: From Communism's Last Chess Champion to Freedom Fighter
30 years after the collapse of the Soviet Union, its greatest—and last—chess champion reflects on the awful system that produced him.
Restrictive Zoning Laws Worsened the Supply Chain Crisis
Plus: America's crackdown on Big Tech gives cover to Russia's crackdown on Big Tech, high inflation likely to continue into next year, and more...
Anthony Downs, RIP
One of the greatest political economists of the 20th century passed away earlier this month.
Lockdowns' High Costs and Murky Benefits
Cato economist Ryan Bourne's new book is a much-needed rejoinder to the obtuse economic reasoning of many pandemic-era policy makers.
40 Years of Trillion-Dollar Debt
Forty years from now, it'll be much, much, much higher.
How Democrats Could Hide $2 Trillion in New Spending With Budget Gimmicks
Legislating with budget gimmicks is shameful, timid, risky, and opportunistic. Mostly, though, it's really expensive.
Anti-Amazon Congressman Appears Unfamiliar with the Concept of Store Brands
Amazon promotes products that mimic its competition? Welcome to more than a century of American retail practices.
Democrats Still Want to Spend Trillions. But They Don't Want To Raise Taxes To Do It.
Plus: In-N-Out fights San Francisco's vaccine mandate, the Vienna Tourism Board gets an OnlyFans, apes protest the DEA, and more...
Why Biden's $3.5 Trillion Spending Plan Would Be Worse for the Economy Than Manchin's $1.5 Trillion Proposal
Manchin's $1.5 trillion plan is still bigger than the Obama stimulus, and would be a major expansion of government's power to redistribute wealth.
Andrew Yang: 'Political Violence Is Becoming More and More of an Inevitability'
The former presidential candidate talks about UBI, race relations, ranked-choice voting, his new political party Forward, and how "the duopoly is killing us."
Abbott's Vaccine Order Is Just as Oppressive as Biden's
Neither politician is willing to tolerate deviation from the one business policy he thinks is best.
Progressives Want To Use a Giant Budget Gimmick To Hide the Cost of the Democrats' Spending Bill
When everything's a priority, nothing is.
California Seizes 1.2 Million Dangerously Untaxed Marijuana Plants
Plus: Seattle businesses embrace private security in response to a police officer shortage, the FDA is set approve "mix and match" booster shots, and more...
No, Joe Biden Can't Save Christmas
We've turned the presidency into an omnipotent office, and we expect that our gifts and government checks will be delivered on time.
More Confusion Over Boosters as FDA Panel Recommends Additional Moderna Shots
Plus: Most Americans favor smaller government as the pandemic fades, consumer spending grows despite supply chain issues, and more...
California Voters Might Have a Chance To Ban Government Unions in 2022
One of two ballot measures already proposed for 2022 in California takes on some of the most powerful special interests in state politics.
Natural Experiments Make the Case for Liberty
One of this year’s Nobel Prize winners in economics inadvertently created a pro-liberty methodology.
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.
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.
