Chris Edwards The next president will face a huge federal budget mess. Spending is driving up debt to unprecedented levels and is pushing federal intrusion ever deeper into state, local, and private affairs. The most important question we should ask of 2024 presidential candidates is will they cut

Romina Boccia U.S. government spending is growing at a faster pace than the ability of taxpayers to pay for it. As government spending outpaces economic growth, more resources are redirected from productivity‐​enhancing functions toward government‐​fueled consumption without commensurate increases in the ability of workers to pay for

Nicholas Anthony Senators Cynthia Lummis (R‑WY) and Kirsten Gillibrand (D‑NY) introduced an updated version of their Responsible Financial Innovation Act. The bulk of the bill addresses issues around market structure and cryptocurrency exchanges—issues my colleagues Jack Solowey and Jennifer Schulp have discussed at length. Yet, within

Norbert Michel and Jai Kedia A few weeks ago, American Compass released Rebuilding American Capitalism, A Handbook for Conservative Policymakers. This Forbes column (American Compass Points To Myths Not Facts) provided a very brief critique of the handbook’s Financialization chapter, and Oren Cass, American Compass’s Executive Director, released

Jeffrey Miron This article appeared on SubStack on July 20, 2023. One argument for the death penalty is that the usual alternative—life in prison without possibility of parole—imposes a financial burden on taxpayers (about $60,000-$70,000 per death row inmate per year, according to a recent estimate). Yet capital punishment is