Patrick G. Eddington I think it’s fair to question whether or not the current House Oversight Committee inquiry into allegations against the President and his son, Hunter Biden (with respect to questionable business dealings with a Ukrainian energy company), is the kind of issue the committee should
Adam N. Michel and Scott Lincicome In the last few years, Congress has authorized as much as $2.1 trillion in domestic subsidies for preferred industries such as steel, semiconductors, and electric vehicles—a flood of taxpayer cash that supporters have cheered for boosting U.S. manufacturing and
Chelsea Follett Reading the news or listening to politicians and pundits speak, one could easily get the impression that global inequality is getting worse. But is the widely held belief that the world is becoming less equal true, or is it mistaken? The overwhelming majority of
With the appointment of Linda Yaccarino as Twitter's new CEO, Elon Musk is trying to appease woke advertisers to bring up his company's revenues. This will not end well. Original Article: "The Woke Cartel and Twitter's New CEO"
“No point in the field of political economy merits more thought and analysis than where to draw the line distinguishing the functions proper to government from the role assumed by all-out government—socialism. A good society is but a dream unless this issue be reasonably resolved.” This
The drug war of the last half century has incarcerated millions and created havoc. What it hasn't done is eliminate people using drugs without government permission. Original Article: "The Drug War: An Irrational Crusade"
Technocrats frequently pressure the US government to increase R and D as a strategy to upstage China. The assumption is that public R and D will lead to innovation and economic growth because research generates the science that spurs innovation. Yet the formula is mistaken,
Jai Kedia Two weeks ago, some of the biggest names in academia and monetary policy gathered at Brookings to discuss what factors had contributed to the recent spike in inflation. To that end, Ben Bernanke and Olivier Blanchard designed a model and found that the primary causes
Adam N. Michel Republicans will soon release an economic package that addresses a number of significant tax changes that have already or are scheduled to increase taxes on American businesses. Reporting indicates that a central component of the pro‐growth package is the extension of full business expensing
Romina Boccia and Dominik Lett The federal government will spend $6.3 trillion in 2023, 73 percent is categorized as mandatory and 27 percent as discretionary. Mandatory spending refers to federal programs that are funded outside of annual appropriations, including Social Security, Medicare, and food stamps (SNAP).