Neal McCluskey Today, the Biden administration launched a new website for student debtors to enroll in its next big effort to reduce their repayments. Biden’s Saving on a Valuable Education (SAVE) plan seeks to make income‐​driven repayment (IDR) much more generous than it has been. IDR is intended

Jack Solowey Crypto startups and venture capitalists are not the only ones pivoting to artificial intelligence (AI). Recently, SEC Chair Gary Gensler delivered remarks to the National Press Club outlining his concerns about AI’s role in the future of finance. In those high‐​level remarks, Gensler shared his

Jeffrey Miron This article appeared on Substack on July 31, 2023. A recent front in the culture wars is public libraries, such as in Front Royal, Virginia, where a handful of residents ha[s] begun demanding the removal of certain books in the children’s section of Warren County’s only

Adam N. Michel and Vanessa Brown Calder First introduced by Republicans as part of the Contract with America, the child tax credit (CTC) has won wide bipartisan support as an income‐​transfer program to fight poverty, a subsidy to middle‐​class families, and a tool to boost declining fertility,

Jeffrey Miron and Jacob Winter This article appeared on Substack on July 27, 2023. In fiscal year 2022, the federal government spent $76 billion subsidizing nondefense, scientific research. This component of federal expenditure is modest relative to the $6.27 trillion total or the $632.7 billion private sources

Michael F. Cannon A week or so ago, friend and HuffPost reporter Jonathan Cohn emailed me: Consumers frequently don’t understand what they’re buying [when it comes to short‐​term, limited duration insurance (STLDI)], or how STLDI might be different from an ACA‐​compliant plan. In part, because companies selling

Marc Joffe According to the United Nations, the world population surpassed the eight billion mark on November 15, 2022, and reached 8.045 billion on July 1 of this year. But these figures vary significantly from US Census Bureau estimates which placed the global population at just 7.979