Entitlements
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AI Abundance Won’t End Inflation, Nor Make Money Meaningless
Elon Musk claims AI-driven growth could fund UBI transfers without inflation. But relative prices — not just totals — still drive economic allocation.
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Bootleggers, Baptists, and Others Who Benefit From Tax Complexity
Moral advocates and special interests engineer the tax code to reward those best equipped to navigate complex rules.
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Congress Is Moving the Goalposts on Fiscal Responsibility
Is targeting three percent of GDP a turning point, or another empty promise?
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Measuring Poverty Correctly Reveals a Hard Truth About the Welfare State
When taxes and transfers are included, poverty is much rarer than commonly reported. But what actually reduces it?
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Congress Knows It Has a Spending Problem, But Won’t Fix It
Fiscal discipline is politically costly, but inaction will be disastrous. How can we restore sanity to federal budgeting?
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Stop Lamenting Inequality—Start Questioning Bad Policy
Global inequality has narrowed and the poor are gaining ground. If the system feels rigged, we should look to government policies that suppress competition and reward insiders.
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America’s Debt Is a National Security Risk
Years of structural deficits have eroded the fiscal capacity needed to confront geopolitical threats. Overspending threatens our security.
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Defusing the Social Security Time Bomb
Minor adjustments cannot fix a pay-as-you-go system strained by demographic reality. Restoring solvency demands structural changes that emphasize ownership.
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America Can’t Tariff Its Way Out of This Debt Crisis
Within a decade, every dollar collected in revenue will be spent on health care, Social Security, and interest on existing debt.
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Are Transfers Replacing Work for America’s Poor?
CBO data show that government transfers now account for a historically large share of income among low-income households. Does today’s welfare system encourage mobility or entrench dependency?
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AI Abundance Won’t End Inflation, Nor Make Money Meaningless
Elon Musk claims AI-driven growth could fund UBI transfers without inflation. But relative prices — not just totals — still drive economic allocation.
-
•
Bootleggers, Baptists, and Others Who Benefit From Tax Complexity
Moral advocates and special interests engineer the tax code to reward those best equipped to navigate complex rules.
-
•
Congress Is Moving the Goalposts on Fiscal Responsibility
Is targeting three percent of GDP a turning point, or another empty promise?
-
•
Measuring Poverty Correctly Reveals a Hard Truth About the Welfare State
When taxes and transfers are included, poverty is much rarer than commonly reported. But what actually reduces it?
-
•
Congress Knows It Has a Spending Problem, But Won’t Fix It
Fiscal discipline is politically costly, but inaction will be disastrous. How can we restore sanity to federal budgeting?
-
•
Stop Lamenting Inequality—Start Questioning Bad Policy
Global inequality has narrowed and the poor are gaining ground. If the system feels rigged, we should look to government policies that suppress competition and reward insiders.
-
•
America’s Debt Is a National Security Risk
Years of structural deficits have eroded the fiscal capacity needed to confront geopolitical threats. Overspending threatens our security.
-
•
Defusing the Social Security Time Bomb
Minor adjustments cannot fix a pay-as-you-go system strained by demographic reality. Restoring solvency demands structural changes that emphasize ownership.
-
•
America Can’t Tariff Its Way Out of This Debt Crisis
Within a decade, every dollar collected in revenue will be spent on health care, Social Security, and interest on existing debt.
-
•
Are Transfers Replacing Work for America’s Poor?
CBO data show that government transfers now account for a historically large share of income among low-income households. Does today’s welfare system encourage mobility or entrench dependency?