The Global Middle Class Has Tripled in Size Since 2000
And the global upper-middle class doubled.
Economics
Democrats Are Considering a $6 Trillion Infrastructure Plan That Has Little to Do With Infrastructure
For many elected Democrats, infrastructure is much more than roads, bridges, dams, and waterways.
Vijay Boyapati: The Bullish Case for Bitcoin
The former Google engineer talks about inflation, the Austrian school of economics, and how bitcoin is revolutionizing banking.
What People Get Wrong About Capitalism
"We went from agricultural poverty to a country characterized by middle-class prosperity."
Tim Wu, Biden's New Tech Guru, Is Deeply Wrong About What Makes the Internet Great
In many professional arenas, Wu's swings and misses would have consequences. In Wu's case, it landed him an advisory role in the Biden administration.
Is Inflation Back for Good?
Prices are up all over the economy. Here are scenarios about what might happen next.
How an Equal Pay Law in Colorado Is Backfiring
Major companies tell Colorado workers they need not apply.
How Bitcoin Could Replace the U.S. Dollar
Former Google engineer Vijay Boyapati talks inflation, the Austrian school of economics, and his new book on bitcoin.
Joe Biden and the E.U. Move To Lift Trump's Food Tariffs
Trade news worth celebrating with a fine French wine.
Unions Working Hard To Defeat Newsom Recall Effort
Newsom's subservience to the unions is the best reason to recall him.
The G7 Agrees To Create a Global Tax Cartel
It will be no better for taxpayers than oil cartels are for consumers.
U.S. Senator Cynthia Lummis Is All In on Bitcoin
The Wyoming Republican says cryptocurrency will spur renewable energy, protect privacy, and possibly save the dollar.
Harvard Housing Researchers Confirm That Supply and Demand Are Real
Plus: Hong Kong police raid a pro-democracy newspaper, Fed officials change their tune on inflation, and more...
Sen. Cynthia Lummis: Why I'm All In on Bitcoin
The Wyoming Republican believes bitcoin provides a serious alternative store of value, will spur renewable energy, and just might save the dollar.
The PRO Act Empowers Union Bosses, Not Workers
If workers were as eager to join unions as President Joe Biden seems to think, they wouldn't need a more powerful NLRB to encourage that outcome.
People Love To Criticize Capitalism. Here's Why They're Wrong.
In capitalist societies, the poor get richer.
Study Finds Biden's American Jobs Plan Would Result in Fewer American Jobs
It’s a jobs plan that isn’t about jobs, and an infrastructure plan that isn’t about infrastructure.
The $1.9 Trillion American Recovery Act Could Have Huge Implications for State Tax Policies
Six different states are already suing over a broad prohibition on tax cuts that was slipped into March's $1.9 trillion COVID relief bill.
Let's Scrap the Jones Act
A hundred-year-old protectionist law that makes traffic worse and goods more expensive.
Oregon's New Vaping Restrictions Will Drive Kids to Smoke
Officials publicly congratulate themselves for protecting teens, but they know that they’re prodding young people to switch to cigarettes.
The Conversion of Thomas Sowell
It wasn't until his thirties that the economist started to turn from Marxism.
Massive Unemployment Spending Attracts Scammers and Criminals
Plus: North Carolina passes cause-based abortion ban as Missouri's gets struck down, conservatives would hate treating social media as common carriers, and more...
Paul Krugman's 10-Year History of Being Wrong About Bitcoin
Why is it so hard for him to just admit he was wrong?
California Backs Off Plan To Force Workers To Keep Masking Up
The state is going to "reopen" June 15. That includes ending most mask mandates for vaccinated people.
The Fed's Digital Dollar Would Be 'Nightmareville' for Privacy
Chairman Jerome Powell says the Fed will look into the "benefits and risks" of a digital dollar.
Many Politicians Claim That Increased Spending Sparks Economic Growth. Here's Why That's Misleading.
A new study finds that as the government expands, the private sector shrinks.
Biden Administration To Donate 500 Million Doses of Pfizer-BioNtech Covid-19 Vaccine to Poor Countries
Epidemics anywhere threaten immunization efforts everywhere, including here at home.
Ohio Seeks To Declare Google a Public Utility
Plus: How Facebook killed blogging, the trouble with so-called common good originalism, and more...
Insane Lumber Prices Show How Governments Break Economies
Lockdowns, tariffs, and other market interventions made wood an expensive commodity.
The Senate's Industrial Policy Bill Is a Debt-Financed Corporate Giveaway That Lobbyists Love
The U.S. Innovation and Competition Act is a lobbyist-crafted proposal that funnels emergency spending to politically connected special interests.
Let Immigrants Take the Jobs American Workers Don't Want
The H-2B visa allows foreign workers to fill jobs that native-born Americans aren't interested in.
Is California Over?
Why the Golden State is losing people, business, and a congressional seat
There Still Aren't Enough People Getting Back to Work
Using the process of elimination, the culprit seems clear.
Randi Weingarten Is Very Disappointed That NYC Mayoral Candidate Kathryn Garcia Supports Charter Schools
Yes, that very same Randi Weingarten, the teachers union president who has fought to keep children out of the classroom for the last year.
California Politicians Craft Nifty New Idea To Increase Housing Costs
Lawmakers are proposing to create a "California Dream Fund" that would subsidize up to 45 percent of the costs of a new home.
Barely Legal Strippers Now Fully Illegal in Texas
The penalty for employing 18- to 20-year-olds to work nude, topless, or "in a sexually oriented commercial activity" is now 2 to 20 years in prison.
Employers Can Require Workers To Get COVID-19 Vaccine, Says EEOC
Plus: The best International Whores' Day writing, FIRE fights expansive interpretation of critical race theory law, and more...
Biden's Astronomical Budget Proposal Even Has Some Democrats Worried
The spending plan demonstrates an unwillingness to govern and a preference for pandering to special interests.
Neighbors Won't Let Decaying L.A. French Restaurant Die, Despite Owner's Wishes
Cruel NIMBYism hides in call for historic preservation.
Lumber Is Crazy Expensive Right Now. Biden Is About To Make It Worse.
The Commerce Department is planning to hike tariffs on Canadian lumber from about 9 percent to more than 18 percent.
Texas Will Revoke Licenses for Child Care Facilities That House Refugee Children
Plus: International Sex Workers' Day, vaccines and HIPAA, and more...
Joe Biden's Fragile Global Minimum Tax Cartel
The Biden administration is expending a lot of time and energy to make the country more uncompetitive than ever.
The Bipartisan War on Work
Urban Democrats may be leading the charge, but Republicans, too, have enlisted.
Biden Wants To Track Cryptocurrency, but Bitcoin Seems Safe (for Now)
There are any number of ways regulators may seek to clamp down on cryptocurrencies.
Liberal Media Coverage Is Boosting Conservative Nationalists
Plus: Supreme Court to rule on Catholic foster agencies, tech associations sue over social media law in Florida, and more…
'Hero Pay' for Grocery Workers Is Terrible for Grocery Workers
Laws which mandate big wage increases for workers during the pandemic are leaving store closures in their wake.
