Politics
Antitrust populists claimed blocking the Spirit–JetBlue merger would protect competition and consumers. But their effort led to an intervention that strengthened the very oligopoly...
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The federal income tax is the crown jewel of a massive welfare-warfare state.
Peter Klein traces the ideological transformation of the UC system from a world-class research institution to a cautionary tale of government-subsidized capture.
California has been seen as the nation’s “Promised Land” for many years, but in the past 25 years, people have left due to high...
Antitrust populists claimed blocking the Spirit–JetBlue merger would protect competition and consumers. But their effort led to an intervention that strengthened the very oligopoly...
If executed perfectly, this swap allows the Fed to neutralize a shrinking money supply by swapping $2 trillion in mortgages for $2 trillion in...
Philosopher Matt Zwolinski has declared libertarianism to lack any coherent standards. Zwolinski’s confusion is the result of his rejection of libertarianism as outlined by...
The government created a market for stolen goods, paid criminals cash for five months, watched robberies spike, arrested everyone at a mafia-themed party.
Francis Fukuyama wrote The End of History more than 30 years ago, believing that the fall of the communist bloc would lead to a...