Industrial policy that uses tariffs and subsidies to pick economic winners is once again in vogue among intellectuals. The rationale…

As the saying goes, “When you find yourself in a hole, stop digging.” This advice applies to the hole Congress…

A few weeks ago, President Donald Trump proposed a payroll tax holiday to Americans earning less than $100,000 per year….

Intellectuals are supposed to speak truth to power. Unfortunately, some seem to be more interested in saying what everyone expects…

Politicians are renowned for their shortsightedness. During the post-war period, for example, Republicans have very publicly opposed most tax increases….

When revenue shrinks by 1 percent of GDP and spending increases by 51 percent over 10 months, you get a…

State and local governments want more funds from the federal government to patch their budgets. Lack of revenue due to…

Earlier this year, the U.S. government passed the largest piece of stimulus legislation in our nation’s history. The Coronavirus Aid,…

A wave of hasty firings is sweeping across the country, driven by demands from what some call the “cancel culture.”…

There’s no doubt that this pandemic-induced recession is hitting states hard. But that’s no reason to bail them out, especially…