This morning, President Trump tweeted “Our Steel Industry is the talk of the World. It has been given new life, and is thriving. Billions of Dollars is [sic] being spent on new plants all around the country!” As of June…
Senate Majority Leader Mitch McConnell is seeing green. He wants to legalize industrial hemp, a highly versatile derivative of the cannabis plant, and that’s great news for consumers and entrepreneurs. He’s been joined in the fight by his fellow Kentuckian…
This morning, President Trump announced that he was imposing tariffs on steel and aluminum. That in itself would be nothing new, but the targets of these tariffs were what made Trump’s announcement surprising. They were none other than Canada, Mexico,…
In the wake of Seattle’s decision to enact an Employee Head Tax (EHT) to fight homelessness, media reporting has largely focused on the backlash from large businesses such as Amazon. It’s not hard to see why. Amazon, which employs more…
As the battle over the Farm Bill has raged in the background, we’ve been spending the last few weeks looking at the cronyism that is the country’s current agriculture program. We’ve looked at sugar cronyism benefiting a few large producers…
In a major win for American industry, jobs, and our national economy, the Trump White House recently announced that it is modifying a 2007 biofuels-mixing requirement to allow exported fuels to count towards the mandate’s RINs requirements. The compromise was…
Bad news: there’s another national security crisis. And no, it has nothing to do with cancelling the Iran deal or the Singapore summit. It’s cars. We don’t make enough cars. Or something like that. At least, that’s the rationale the…
Local governments should beware that when they pass exorbitant minimum wage laws, they might be giving up a lot in tax revenue. Minimum wage laws have driven up costs for hotels and motels and thus driven away customers from those…
Crony capitalism appears ubiquitous in today’s economy, but quantifying its costs can be difficult. Fortunately, the Mackinac Center did it for us. A study out of the Michigan-based think tank provides an interesting case study into the scope of crony…
