Venezuelan Victims of Socialism Are Using RuneScape To Make Money
Venezuelan players mine in-game resources and turn hours of gameplay into dollars or cryptocurrency.
Economics
Contra AOC, You Don't Have To Be a Billionaire To Be a Leech
There are makers and moochers on every rung of the income ladder.
Federal Court: Trump's Newest Tariffs Are Also Illegal
Trump's use of Section 122 ignored the plain language of the law and invoked a broad executive power where Congress clearly provided a narrow one.
US Court of International Trade Rules Against Trump's Section 122 Tariffs
The 2-1 decision concludes Trump's massive new tariffs are illegal because there is no "balance of payments deficit" of the kind needed to authorize them.
Why Oil-Rich Alberta May Secede From Canada
Economic grievances and political alienation are fueling a separatist movement in the Canadian province just north of Montana.
Trump's Government-Funded Retirement Plan Misses the Point
The fiscal objection is serious. But the deeper problem is that the proposal misunderstands the saving behavior of the households it aims to help.
Republicans Want To Borrow Every Single Dollar of the $72 Billion Bill To Fund ICE and Trump's Ballroom
The party of fiscal responsibility strikes again.
What To Do About Saudi Arabia's Sports Takeover? Nothing, Apparently.
Plus: The NFL has no easy response to the Dianna Russini–Mike Vrabel affair, and how ketamine may have helped the Sixers upset the Celtics
The Happy Capitalism of Richard Scarry's Busytown
Welcome to the pro-market world of children's book author and illustrator Richard Scarry.
Trump's New European Car Tariffs Demonstrate Why His 'Deals' Are Worthless
A trade deal that can be terminated by one person at any time and for any reason isn't really a trade deal at all.
Seattle's Socialist Mayor Laughs at Wealthy Residents Leaving To Escape High Taxes
“Bye!” Mayor Katie Wilson says with a wave to those who want out.
AI Companies Learn the Word No
Some of the people building AI have started acting like it might be dangerous.
Self-Checkout Is Under Fire Across the Country. Is Theft Really the Reason?
The restrictions are often framed as a crime prevention measure. But the fine print points to a different motivation: adding union jobs.
Workers Voted on Decertifying Unions 1,600 Times in the Past Decade. Teamsters Are the Most Common Target.
Unionization efforts at Starbucks and Amazon get front-page media coverage. But dozens of workplaces discard their unions every year, often with little fanfare.
Europe Has Too Few Workers and Too Many Retirees. Cutting Immigration Will Make the Math Worse.
Europe’s resistance to immigration is a path to budgetary disaster.
Have Trump's Tariffs Brought Manufacturing Jobs Back to America? New Study Says No.
However, the tariffs did shift supply chains away from China and towards other countries with low-cost manufacturing, like Vietnam, Malaysia, and India.
Zyn Pouches Are Safer Than Cigarettes. Why Are Some Politicians Targeting Them?
Making less harmful products harder to get pushes people toward more dangerous ones.
Rethinking Conservative Approaches to Executive Power
Conservative legal commentator Gregg Nunziata outlines reasons why conservatives should reject broad views of executive power.
The Federal Minimum Wage Is Irrelevant. Good.
The national wage floor is so low that it might as well not exist.
Sabastian Sawe's Sub-2 Marathon Is What Human Progress Looks Like—and Capitalism Helped Build It
Plus: governments get deeper and deeper into horse racing, fiscally conservative Republicans keep subsidizing stadiums, and Full Swing is in a doom spiral
America Is Losing Its Allure for the World's Migrants
The U.S. economy continues to outstrip the competition but takes a hit from declining immigration.
Long Before the Canal, Global Trade Built Panama City
The narrow geography of the 50-mile Central American isthmus made it an obvious choice for trade routes between the Atlantic and Pacific.
A $33 Burger? As New York City Eyes $30 Minimum Wage, Restaurants Brace for Impact
The proposal would eliminate the tipped-wage credit and send labor costs skyrocketing in an industry notorious for its tight margins.
Hasan Piker and Jia Tolentino: The Leftists Who Think Stealing Is Great
Actually, shoplifting is bad.
Can Zohran Mamdani Make NYC Affordable?
Zephyr Teachout and John Ketcham debate the mayor of the Big Apple.
America's Debt Problem Is a Health Care Problem
And the government's "solution" is making it worse.
Biden Killed the Spirit Airlines Merger. Now Trump Wants Taxpayers To Save the Company.
A merger with JetBlue could have saved the company. Instead, taxpayers will now be forced to pick up the bill.
Trump's Illegal Tariffs Are Finally Being Refunded. Will You Get Any of the Money?
The burden of Trump's illegal tariffs was spread across the American economy. The refunds likely won't cover all those costs.
Globalization Made Howard Lutnick a Billionaire. Now He's Railing Against It as Trump's Commerce Chief.
Globalization helped make everyone else much richer, too.
No, FDR Did Not Pull America Out of the Great Depression
"The New Deal made investment in America a risky project," says economist Donald J. Boudreaux, author of The Triumph of Economic Freedom.
Tariffs Are Driving Up Your Homeowners Insurance Premiums
When it costs more to build a house, it also costs more to rebuild one.
Neither War nor Peace With Iran
The Trump administration is stuck in a standoff that is unstable and damaging to the entire world.
The Trump Administration Is Worried About High Fertilizer Prices. Its Top Trade Official Lobbied for Them.
Before joining the Trump administration last year, U.S. Trade Representative Jamieson Greer lobbied for tariffs that limited fertilizer imports and drove up prices for American farmers.
Pittsburgh Thinks the NFL Draft Is Worth $19 Million of Taxpayer Money. Here's What Past Draft Data Say.
Plus: NFL draft rookies get screwed by the players union, and governments are charging a ton to get to the World Cup
Trump's Pro-Union Labor Secretary Out
Plus: Scandal at the Department of Labor, the real reasons people use psychedelics, more problems with Trump's triumphal arch, and more...
Report: High Taxes and Burdensome Regulations Are Killing California
California politicians’ policy choices are making the state unaffordable and unattractive.
Upcoming Speaking Engagements in Spain and Italy
I will be giving multiple talks in these two countries in late April and May.
The Bipartisan War on Cheap Food
Republicans and Democrats preach about food affordability. Yet their policies continue to make it worse.
Elon Musk's Mistaken Call for a 'Universal High Income'
AI will not create a jobless dystopia. Paying people a lot of money not to work would.
Jury Finds Live Nation and Ticketmaster To Be Monopolists Over $1.72 Concert Ticket Price Increase
Punishing Live Nation and Ticketmaster for their success won't substantially lower primary ticket prices and will do nothing to address scalping.
Trump Ended Free Trade for Mexican Tomatoes. Prices Are Up 23 Percent in the Last Year.
America gets 90 percent of its fresh tomatoes from Mexico, and those imports were tariff-free until last year.
'The Rich Don't Pay Their Fair Share' and 4 Other Tax Myths That Won't Die
The United States has the most progressive income-tax system in the developed world.
'Blue Power' and the Rise of Police Union Politics
Stuart Schrader's new book details how police unions became a dominant force in U.S. politics.
Trump Administration Presents Update on its Tariff Refund Plan
The plan is not completely terrible. But many importers may still have difficulty getting the refund money owed to them.
Federal Reserve: Without Tariffs, Inflation Would Have Dropped to Pre-Pandemic Levels During 2025
New study finds that tariffs were responsible for the "entirety of the excess inflation in the core goods category."
Photo: Ring Calls Off the Search Party
Following a backlash to its Super Bowl commercial, Ring owner Amazon announced that it was canceling a planned partnership with Flock Safety.
Wisconsin Reined in Public Sector Unions. Now Those Reforms Are in Jeopardy.
Act 10 saved taxpayers billions and helped government run more efficiently. Fifteen years later, a questionable legal challenge may doom it.
Thoughts on Today's Oral Argument in the Section 122 Tariff Cases
The outcome is unclear. But the judges seemed skeptical of the Trump Administration's claims that Section 122 grants them sweeping tariff powers.
