Sacramento California’s legislative analysts and Capitol staffers do a remarkably thorough job summarizing proposed bills in their publicly available reports, but it’s still unusual to see them cite the work of free-market economists. It’s obvious why. Almost every new measure…

In an excellent piece in the Wall Street Journal last week, Phil Gramm and John Early made a convincing, fact-supported case that, contrary to what is repeatedly asserted and widely believed, income inequality in the U.S. is lower now than it was 50…

Folks like me try to coexist peacefully with others. We all presumably want to raise our kids right, earn a slice of the American dream, and enjoy a bit of leisure. Too often though, we find ourselves in defensive postures…

Spain is the latest country talking about adopting a universal basic income, or UBI, program in response to the COVID-19 pandemic. Many libertarians, including myself, have always been open to the idea of moving away from traditional welfare programs to…

Sacramento I was thinking of heading to the gas station to see how much the local retailer will pay me to fill up my tank. As the Washington Post explained this week, an oil glut caused “sellers holding U.S. crude…

Acting with uncharacteristic urgency, Congress passed a $2.2 trillion spending bill to address the economic fallout of the coronavirus pandemic. The measure includes a patchwork of cash payments to individuals and aid for some businesses. The bill calls for spending…