Yes, Heavy Regulation Hurts the Economy. Just Look at France.
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?
Income
This Law Will Kill Opportunities for Pregnant Workers
"These policies are motivated by good intentions. But that doesn't mean that the consequences of these policies will turn out well."
'Bidenomics' Is Failing Everyday Americans
The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt.
Despite the Doomsday Narrative, Global Inequality Has Significantly Declined
This progress has been widely shared, to the great benefit of the people at the bottom of the distribution.
The Democratic Governor Who Wants Drug Legalization and Free Markets
"Government in general does a lot of things that aren't necessary," says Jared Polis.
Affirmative Action Is Racist and Therefore Wrong
If activists want to help young people, they should start before college.
Taxing the Rich Will Have No Meaningful Effect on Our Sky-High National Debt
The U.S. tax system is extremely progressive, even compared to European countries—whose governments rely on taxing the middle class.
Conservatives Pushing 'Common Good Capitalism' Sound a Lot Like Progressives
The ideology champions the same tired policies that big government types predictably propose whenever they see something they don't like.
The Government Wants To Cap Credit Card Late Fees. It Will Hurt the Poor.
Delayed payments will increase, and companies will respond by raising interest rates—or denying low-income applicants outright.
'It's Like Stockholm Syndrome': Gloria Álvarez Is Trying To Save Latin America From Socialism
"If there is freedom, private property, rule of law, then Latin Americans thrive," says the social media star.
The Push To Eliminate Fossil Fuels Is Hurting Poor People
"When we look at solar and wind around the world, it always correlates to rising prices and declining reliability."
Taxes Are Not the Mark of Civilized Society
Contra the famous quotation from Oliver Wendell Holmes, there's nothing particularly civilized about the way our governments spend the money we provide.
Auditors Asked the IRS To Figure Out Why So Many Taxpayers Make Mistakes. The IRS Said 'No.'
Maybe taxpayers would make fewer mistakes if the federal tax code weren't so hopelessly complex.
Republicans' and Democrats' Refusal To Reform Social Security and Medicare Is Political Malpractice
In 10 years, the programs' funds will be insolvent. Over the next 30 years, they will run a $116 trillion shortfall.
Biden's New Budget Would Hike Taxes and Wage Class Warfare
The higher taxes on small businesses and entrepreneurs could slow growth. Less opportunity means more tribalism and division.
Meet the Students Pushing Back Against Socialism
"It's very easy for politicians to legislate freedom away," says Northwood University's Kristin Tokarev. "But it's incredibly hard to get back."
The Fight Over the Debt Ceiling Is Just Beginning
Legislators will increasingly argue over how to spend a diminishing discretionary budget while overall spending simultaneously explodes.
Democrats Say They Support Green Energy. Why Do Their Policies Say Otherwise?
If you look closely, you'll find a lot of contradictions.
Social Security Is on the Brink of Collapse. The GOP Won't Touch It.
In 1950, there were more than 16 workers for every beneficiary. In 2035, that ratio will be only 2.3 workers per retiree.
Trump's Tax Returns Show What Sort of Tax Reform We Need
But partisans are having the wrong debate.
'The Hypocrisy Hurts': Enes Kanter Freedom on Standing Up to China in the NBA
"When it comes to problems happening in America, [the NBA is] the first organization saying, 'This is wrong,'" says the former professional basketball player. But then they're silent for victims of torture.
Congress Can Reduce the Deficit by $7.7 Trillion in 10 Years
The Congressional Budget Office projects that future deficits will explode. But there's a way out.
A Lame-Duck Congress Should Reject the Extended Child Tax Credit
The policy has some bipartisan support, despite the fact that it has mostly been a failure since its inception.
The U.K.'s New 'Free Market' Prime Minister Is Fighting Inflation With Price Controls
This fiscal irresponsibility throws gasoline on the country's already raging inflation fire.
What Would It Take for the Democrats To Really Be the Party of Opportunity?
Government should not penalize investment, thwart competition, discourage innovation and work, or obstruct production.
The Biden Administration Is Taking From the Poor and Giving to the Rich
From student debt cancellation to green subsidies, the White House is giving handouts paid for by hardworking lower-wage Americans.
Temporary Government Checks Produce Better Poverty Numbers…Temporarily
Plus: Mistrial motion granted for Backpage defendants, court halts vaccine mandate for New York workers, and more...
Democrats Try To Hide a $3 Trillion Tax Increase From Voters
The plan would make a liar out of Biden on a level reminiscent of George H.W. Bush's betrayal of his "read my lips" tax pledge.
House Democrats Ready Taxes on E-Cigarettes and Cryptocurrency
Plus: Vaccine mandates are popular, Texas versus free speech, and more...
Opposing Racism Doesn't Require Promoting Victimhood
The ideas put forward by Robin DiAngelo and Ibram X. Kendi are fundamentally "anti-black."
The Global Middle Class Has Tripled in Size Since 2000
And the global upper-middle class doubled.
3 Myths About American Decline
Politicians and the media are telling bogus stories about falling fertility rates, rising inequality, and lack of economic mobility.
Study Shows That Extreme Poverty Statistics Have Been Overestimated, Especially Among Families With Children
The number of people deemed to be living in extreme poverty was significantly inflated
Global Poverty Decline Denialism
An anti-market ideologue tortures the data at The Guardian.
Shitholers of the World Are Making America Great
It was true when the Pilgrims came, it's true now, and it'll be true forever.
How Much Better Off Is the World Since You Were Born?
Go find out at "Your Life In Numbers" over at the Human Progress program at the Cato Institute
Climate Change Will Impoverish Millennials, Says Study
Only if you think merely tripling per capita GDP by 2100 is poverty
No, the U.S. Is Not an Oligarchy
The middle class is just as likely to get its way as are the rich, a new paper finds.
You Are $13,000 Poorer Because of Federal Regulations
New study quantifies the damage to economic growth that the accumulation of regulations causes
Employed People Prefer to Keep the Money They Earn, Says New Study
Does unemployment teach people that the rewards of life are largely due to luck?
$15 Minimum Wage Follies in California and New York
Good intentions, but a near total failure as an anti-poverty policy
The Rich Are Living Longer: A Lot Longer Than the Poor
Rich men average 12 years longer; rich women average 10 years more.
The Middle Class Is Shrinking! Because They're Getting Rich!
Success is seen as a disaster when you care more about income inequality than mobility.
California Equal Pay Law Mainly Boosts Pay of Lawyers
Governor signs bill that makes it easier to file discrimination grievance.
Environmental Protection Agency
EPA Says Global Greenhouse Gas Cuts Would Save U.S. Economy $1.5 Trillion in 2100
That amounts to 1.6 percent of the economy in 2100
Income Inequality Obsession and Class Envy Come to the Happiest Place on Earth
No, Disney trips aren't cheap. That doesn't mean the middle class is losing access.