The Economy Is Doing Way Better Than Many Believe
Despite the popular narrative, Millennials have dramatically more wealth than Gen Xers had at the same age, and incomes continue to grow with each new generation.
Despite the popular narrative, Millennials have dramatically more wealth than Gen Xers had at the same age, and incomes continue to grow with each new generation.
The policy is a true budget buster and is ineffective in the long term.
The Reason Sindex tracks the price of vice: smoking, drinking, snacking, traveling, and more.
The president criticized companies for selling "smaller-than-usual products" whose "price stays the same." But it was his and his predecessor's spending policies that caused the underlying issue.
Biden's economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.
Smokestack-chasing is out. A diversified economy based on environmental protection is in. But will it work?
Many who see overdraft protection as preferable to other short-term credit options will have fewer choices as some banks decide the service isn't worth offering anymore.
Biden's economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.
Americans are wealthier today than in the 1960s. That's not because of Bidenomics; it's because of six decades of progress.
The new libertarian president believes in free markets and the rule of law. When people have those things, prosperity happens.
"How small do you have to be for Nike not to care?"
His speech in Davos challenged the growing worldwide trend of increased government involvement in economic affairs.
The plan will help provide “university-sponsored visas that allow them to continue performing and commercializing research without leaving the state.”
They will either reduce the ability to spend money or to cut taxes.
That's bad news for Americans.
As we step into 2024, it's crucial to adopt a more informed perspective on these dubious claims.
If passed, the new libertarian president's omnibus bill of reforms could help Argentina reverse decades of government failure.
Lawmakers can take small steps that are uncontroversial and bipartisan to jumpstart the fiscal stability process.
Milei's critics have argued the government's measures are a "criminalization of the right to protest," but a closer look shows that those concerns are somewhat exaggerated.
The self-described anarcho-capitalist president devalued the peso, halved government ministries, and announced a series of spending cuts.
Nike should welcome the reinvention of their popular shoes.
We're often told European countries are better off thanks to big-government policies. So why is the U.S. beating France in many important ways?
The Copenhagen Consensus has long championed a cost-benefit approach for addressing the world's most critical environmental problems.
Years ago, when interest rates were low, calls for the federal government to exercise fiscal restraint were dismissed. That was unwise.
Plus: President Joe Biden’s weird economy and Rep. Mike Johnson as the unlikely new speaker of the House of Representatives.
Over the last several years, they have worked nonstop to ease the tax burden of their high-income constituents.
Higher rates lead to more debt, and more debt begets higher rates, and on and on. Get the picture?
Few doubt the right of Guatemalans to protest. The challenge arises when protests exact a heavy toll on the well-being of its citizens.
Especially because the once-dismissed possibility of rising rates is now a reality.
Those sounding the loudest alarms about possible shutdowns are largely silent when Congress ignores its own budgetary rules. All that seems to matter is that government is metaphorically funded.
The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt.
This progress has been widely shared, to the great benefit of the people at the bottom of the distribution.
Rather than posing a national security threat, the growth of China's E.V. industry is an opportunity for global innovation.
The country's current struggles show the problems of the Beijing way—and make the case for freedom.
The guidelines would ignore decades of academic findings about how firm concentration can have a positive impact on consumers' welfare.
Since Congress designed and implemented the last budget process in 1974, only on four occasions have all of the appropriations bills for discretionary spending been passed on time.
"Government in general does a lot of things that aren't necessary," says Jared Polis.
It's a short-sighted approach that distracts us from the more important question.
New legislation would intervene in the credit card market to help businesses like Target and Walmart, who don't like the fees they have to pay to accept credit card payments.
The federal budget deficit has exploded under Biden's watch, and he can no longer pretend otherwise.
Plus: Does Tom Cruise really do all of his own stunts?
It's a familiar program. And it will result in higher prices, slower growth, and fewer jobs.
Many politicians offer a simplified view of the world—one in which government interventions are all benefits and no costs. That couldn't be further from the truth.
At a minimum, the national debt should be smaller than the size of the economy. A committed president just might be able to deliver.
Joe Biden's big economic speech is a poor attempt at a branding exercise.
Global warming is an issue. But there are other pressing problems that deserve the world's attention.
We once ranked No. 4 in the world, according to the Heritage Foundation. Now we're 25th.
Plus: Was Gerald Ford right to pardon Richard Nixon?
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