Editor's Pick
Jeffrey A. Singer When governments ban products, they don’t eliminate demand—they redirect it. That basic economic fact is especially important in nicotine policy, where...
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Editor's Pick
Brent Skorup A few weeks ago, the AP and other news outlets obtained a whistleblower complaint alleging an illegal policy change at ICE. It...
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Colin Grabow Amid the recent shutdown of a refinery and looming closure of another, California is grappling with how to replace lost in-state fuel...
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Norbert Michel, Jai Kedia, and Jerome Famularo Amid new reports of shrinking manufacturing activity and employment, the Trump administration is struggling more than ever...
Politics
The Civil Rights Act, first passed in 1964, is falsely connected with freedom. In reality, this law severely restricts individual liberty and replaces it...
Editor's Pick
Adam N. Michel In the 2025 One Big Beautiful Bill Act, Congress created a new kind of trust called a Trump Account. It is...
Politics
While the Voter ID debate consumes the airwaves with political debate, the real issue is not who is elected, but the unelected elites that...
Politics
Bob lays out California’s proposed 5% wealth tax on billionaires, using it to explain why taxes on wealth are especially destructive, how different tax...
Editor's Pick
Nicholas Anthony What makes an activity “suspicious”? Maybe you picture someone hiding their face in a trench coat as they pace outside of a...
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Michael F. Cannon Back in November, the Congressional Budget Office (CBO) reported that the Inflation Reduction Act (IRA) was looking a lot more expensive...
Politics
From the Jacksonians to the Marxists, political theorists have understood that there is something unique about “small industry” between big business and propertyless workers.
Editor's Pick
Jeffrey Miron President Donald Trump has claimed his tariffs will raise enough revenue to allow for income tax cuts. Recent research, however, finds that...
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Jeffrey Miron Twenty-two states are scheduled to increase their minimum wage in 2026. Even though, overall, existing evidence suggests that minimum wage laws reduce...
Editor's Pick
Nicholas Anthony At the World Economic Forum, Banque de France Governor François Villeroy de Galhau proclaimed that he trusts “central banks with a democratic...
Politics
Menger said alternative monetary theories were “unhistorical,” one could argue that Menger’s theory also lacks historical evidence necessary to verify his theory. Did Menger...
Politics
Murray Rothbard recounts how during the French and Indian War (1754–63), Americans continued the great tradition of trading with the enemy.
Editor's Pick
Norbert Michel This week at the World Economic Forum’s annual meeting in Davos, the spectacle of American politicians attacking the goose that laid the...