America Needs a Better Kind of Capitalism
Big corporations and entire industries constantly use their connections in Congress to get favors, no matter which party is in power.
Free Trade
Politicians Use Subsidies To Squeeze Semiconductor Manufacturers
When politicians manipulate industry, the public pays the price.
The Jones Act Is Driving Up Prices and Making Crises Worse
The legislation, which forbids shipping anything between American ports in ships that are not U.S. built and crewed, is just another a special deal that one industry has scammed out of Congress.
Now the CHIPS Act Is Going To Subsidize Child Care Too
If Congress wants to spend taxpayer money on child care services, it should pass a bill authorizing that.
The Answer to Population Decline Is More Immigration
Politicians' go-to fixes like child tax credits and federal paid leave are known for creating disincentives to work without much impact on fertility.
Russia's War in Ukraine Threatens Starvation for the World's Poor
Global hunger declined for decades before pandemic policies and Russia’s invasion broke the world.
For Joe Biden, Competition Is Essential. Except When It Must Be Banned.
It's a fundamental contradiction that's affected the Biden administration's economic policy for the past two years.
Mike Pompeo Says He 'Grew Up Libertarian'
These days, he may run for president. His politics have changed.
Tariffs Targeting Carbon Emissions Would Be a Costly Blow to Free Trade
Joe Biden could take advantage of the expanded executive authority over trade that Donald Trump helped create.
Is It 'Treason' To Support Free Trade?
Shipping industry insiders floated a recommendation to charge critics of the Jones Act with treason, according to documents obtained through a Freedom of Information Act request.
China Is Scaling Back Its Failed Semiconductor Industrial Policies. America Should Do the Same.
The warning signs are flashing "don't be like China."
2022 Proved That Governments Can't Improve on Good Economic Principles
We’d all be better off if politicians spared us their experiments in subsidies, wages, and trade.
'The Principles Should Endure': Sen. Pat Toomey on Fusionism, Tariffs, and What's To Blame for FTX's Collapse
After two terms in the Senate as a champion for free markets and limited government, Pennsylvania's Republican senator is heading into retirement.
This Military Spending Bill Will Make Puerto Rico's Next Hurricane Disaster Even Worse
The maritime industry inserted some protectionism into the National Defense Authorization Act.
Big Dairy Wants Congress To Restore Huge Tariffs on Imported Baby Formula
Unless Congress takes action, those tariffs will return on January 1. And the baby formula shortage hasn't yet passed.
The Government Hasn't Learned a Thing From the Baby Formula Shortage
With the FORMULA Act soon to expire, the U.S. baby formula market is about to return to the conditions that left it so vulnerable to a shortage in the first place.
Drug Shortages? Ham-Handed Pandemic Interventions Deserve Much of the Blame
You can’t turn lives and economies off and on without inflicting lingering harm.
Nationalism, not Hostility Towards Elites, is the Main Divide Between Libertarians and the "New Right"
Despite Tyler Cowen's argument for the elite theory, the real divisions have much more to do with the New Right's nationalism.
The Best Ever Libertarian Gift Guide
Until next year's, because capitalism is always making things better.
Europe Threatens New Tariffs Over Biden's 'Buy American' Tax Credits
Amid initial concerns about the 'Buy American' electric vehicle tax credit, the European Union is now considering further protectionist retaliation.
Buy American Falls Short on U.S. EV Production and Risks a European Trade War
The Buy American program, used to encourage the buying of American made electric vehicles, not only limits access to EVs but risks a trade war with the E.U.
Free Trade Would Boost the Economy, But It's Not on the Ballot
Joe Biden adopted his predecessor’s protectionism, threatening our peace and prosperity.
To Protect Privileged Shippers From Competition, the Government Fought Jones Act Waivers
That's in addition to advocating for opponents of the law to be charged with treason.
Somebody in the Shipping Industry Wants Opponents of the Jones Act Charged with Treason
There’s nothing patriotic about a law lining the pockets of cargo companies at the expense of consumers.
Feds Allow Single Foreign Ship To Deliver Fuel to Hurricane-Ravaged Puerto Rico
It’s only one vessel, but the U.S. domestic shipping cartel, protected by the awful Jones Act, is screaming about it.
In the Aftermath of Hurricane Fiona, the Jones Act Is Screwing Over Puerto Rico Again
The island is begging the Biden administration to allow foreign ships to bring fuel to help restore power. But entrenched maritime interests balk at competition.
How Faithful Is The Rings of Power to J.R.R. Tolkien's Anti-Statism?
Between the books and the new TV series, we see two different visions of freedom.
Marco Rubio Wants To Make Your Groceries More Expensive
The senator from Florida calls for tariffs on imported fruits and vegetables.
Goodbye, Globalization?
As American politicians turn against economic openness, history suggests the consequences could be dire.
Liz Truss Is Britain's Next Prime Minister. Should Libertarians Be Happy?
Only time will tell if Truss reverses the big spending style of her predecessor.
Biden Forgets That Workers Are Consumers Too
Who does he think ultimately pays those taxes?
If Biden's Trade Policy Was Really Driven by 'Equity,' Trump's Tariffs Would Already Be Gone
Tariffs are a regressive tax that have driven inflation higher and harm poorer families the most.
The Party of Trump Rages On
Plus: The editors examine proposed CDC reorganization and field a question on free trade.
How To Waste $1 Trillion
Why should we believe that this boondoggle will produce better results than hundreds of other corporate welfare programs?
Review: Rosewood Restrictions Riled U.S. Guitar Makers
In 2017, a bizarre amendment to an international treaty threw American guitar makers into a panic.
How Trump's Tariffs on Chinese Chemical Products Backfired
Tariffs were supposed to make American chemical products more competitive. They made Chinese products more competitive instead.
My Baby Needed Special Formula From Europe. U.S. Trade Policy Made It Almost Unobtainable.
The FDA should not stand in the way of parents doing what’s best for their children.
American Steelmakers Are Still Defending Trump's Tariffs That Crushed Consumers
Any gains seen by the steel industry from tariffs have been overshadowed by the losses for downstream companies and higher prices for consumers.
America's Fishing Industry Is Getting Caught Up in the Trade War
Seafood prices have gone up by double digits as tariffs and inflation drive up costs for consumers
How Tariffs Are Making Summer Fun More Expensive, Less Safe
The U.S. International Trade Commission will hear from businesses harmed by tariffs at a hearing on Thursday.
FDA Finally Admits It Caused the Baby Formula Shortage
The agency is now taking small steps to allow foreign formula manufacturers to import their goods into the U.S.
America's Founders Raged Against Qualified Immunity, Trade Restrictions, and Anti-Immigrant Policies
Hey, we're still mad about those things today!
Review: Gran Turismo 7
The video game serves as a fun reminder that free trade, not protectionism, makes us all better off.
World Food Supplies Are Enough To Feed Everyone
But despotic brutality is once again pushing millions to the brink of starvation.
Congress and Biden Probably Just Made the Shipping Problem Worse
The Ocean Shipping Reform Act fulfills the political need to do something but probably won’t help.
