The Defense Production Act Has Become a License for Central Planning
If home insulation is a "critical technology item essential to the national defense," then what isn't?
If home insulation is a "critical technology item essential to the national defense," then what isn't?
The Federal Reserve started the problem, and consumers are paying for the consequences.
America can join with more free trade or it can miss out.
This crisis is the result of protectionism, regulation, and central planning.
Inflation damages the economy while doing the greatest harm to the most vulnerable.
Governments can't plan economies, but can disrupt them.
There are few things more politically popular, and more economically counterproductive, than banning price increases during a shortage.
Plus: Supreme Court sides with Ted Cruz in campaign finance case, gender quota for corporate boards ruled unconstitutional, and more...
When politicians break the economy, they hurt us in the short term but also create future opportunities to do harm in the name of undoing the damage they inflicted.
Plus: The roots of the housing crisis, the U.S. Supreme Court reconsiders Miranda warnings, a judge halts Kentucky's abortion law, and more...
This war, like all wars, will invigorate the state and be deadly to liberty.
Now that the NCAA can't stop student-athletes from making money, it can pay to stay in school.
The history of wine delivery is pretty clear.
The economic benefits are a home run that never came, and never should have been expected.
The sanctions that punish Russia are shattering the global economy.
Contamination from the Navy's Red Hill underground fuel facility on Oahu has reduced Honolulu's water supply by 20 percent. Water officials are considering a moratorium on new construction to conserve water.
Hispanics get slammed the hardest by licensing requirements that regulators can’t justify.
There’s a difference between actions that only make us feel good and actions that actually help Ukraine.
Unions or minimum wage laws aren't required for workers to shift the balance of power.
Not only won’t they blow your mind, but they may even save it (sometimes legally).
Both Republicans and Democrats want to address poverty with big government.
Countless works of art are locked in museum basements. Why not put them back on the open market?
Those who demand a revival of antitrust regulation to "promote competition" may not realize that they're inciting a revival of cronyism to suppress competition.
Plus: CBD could prevent COVID-19, gun owner privacy is at risk in California, and more...
Plus: Warren versus grocery stores, Cruz versus the FBI, DOJ's new domestic terror unit, why so many people are quitting their jobs, and more...
Politicians point to corporate concentration they created to divert us from inflation they caused.
For decades, libertarians have focused on illiberalism coming from the political left. But authoritarianism has taken root among many conservatives across the world.
"We want to attract international entrepreneurs and investors and become a financial center for the country and region."
China's economic reforms were bottom-up, not top-down.
Other teams beg for taxpayer handouts.
Deficit spending and debt are out of control, and dragging down the purchasing power of the dollar.
Minimum wage laws priced young workers out of the market before the pandemic and may do so in the future.
Soviet rule promised abundance. Instead it brought misery and starvation.
The cost of interest on the national debt will soon be a huge chunk of change.
Careful, thoughtful policy making is not ruling the day.
Legalizing a market isn’t enough; you have to set the participants free.
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...
No matter what the public wants, crises typically leave the state more powerful.
Businesses, investors, and markets are already adapting to climate change without federal help.
One of this year’s Nobel Prize winners in economics inadvertently created a pro-liberty methodology.
But the people in power won’t even say as much, let alone do something about it.
The Prohibition-era three-tier system is causing consolidation, not the market.
Plus: California can't limit private prisons, Yellen dismisses bank privacy concerns, and more...
Governments may not be able to make an economy, but they've proven they can break it.
They give an edge to big companies that have no problems accessing capital and whose executives are often well-connected with politicians.
Profligate government spending supposedly has nothing to do with it.
Innovation should be more important than regulation.
Price controls fail for other products, and liquor is no different.