Fiscal Policy
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The High Cost of Free Transit
Paying even a modest fare signals that the service has worth. Without that signal, transit quickly attract vandals and lawless behavior.
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The Social Security Reform Bill Clinton Almost Brought to America
Clinton’s plan, inspired by Chile’s pension reform, marked the first time a sitting US president publicly called for personal retirement accounts.
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Decentralized Defense: How Ukraine’s Lean Military Outperforms Expectations
Ukraine’s Ministry of Defense buys from a competitive market of private firms. The Pentagon could do the same — if it chose innovation over incumbency.
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Escape from New York, 2025 Millionaire Edition
NYC’s highest earners are fleeing, along with $14 billion in gross income. An evacuating tax base risks taking the city’s prestige with it — to Florida.
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Ivory Tower Debt Trap: Student Loans Distort the American Dream
The ROI on college is plunging. Colleges are failing to educate, and instead loading kids up with unshakable debt and failed ideas.
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‘Emergency’ Tariffs (Mostly) Struck Down
A Federal Circuit Court affirmed the Court of International Trade’s ruling: the President has no authority to extend “trade emergencies.”
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Only Lobbying and Self-Deception Can Keep Tariffs Alive
Tariffs exploit humans’ self-deception and willful ignorance, making feel-good patriotism into a cover story for rent-seeking, favoritism, and graft.
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Are We Doomed to Repeat Economic History, Even When We Know It?
Tariffs, war, fascism… if those in power won’t heed warnings, we’re all stuck repeating history.
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Econ 101: A Compass for a Lost Country
If every American — politician, voter, taxpayer, schoolchild — learned these 20 simple sentences, we’d be unstoppable.
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Are the BLS and Other Government Statistical Agencies Partisan? Here’s What My Research Found
Bureaucracies are usually too self-serving to get partisan. The consequences of bad data are high, and error rates are pretty low — no matter who is president.
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•
The High Cost of Free Transit
Paying even a modest fare signals that the service has worth. Without that signal, transit quickly attract vandals and lawless behavior.
-
•
The Social Security Reform Bill Clinton Almost Brought to America
Clinton’s plan, inspired by Chile’s pension reform, marked the first time a sitting US president publicly called for personal retirement accounts.
-
•
Decentralized Defense: How Ukraine’s Lean Military Outperforms Expectations
Ukraine’s Ministry of Defense buys from a competitive market of private firms. The Pentagon could do the same — if it chose innovation over incumbency.
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•
Escape from New York, 2025 Millionaire Edition
NYC’s highest earners are fleeing, along with $14 billion in gross income. An evacuating tax base risks taking the city’s prestige with it — to Florida.
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•
Ivory Tower Debt Trap: Student Loans Distort the American Dream
The ROI on college is plunging. Colleges are failing to educate, and instead loading kids up with unshakable debt and failed ideas.
-
•
‘Emergency’ Tariffs (Mostly) Struck Down
A Federal Circuit Court affirmed the Court of International Trade’s ruling: the President has no authority to extend “trade emergencies.”
-
•
Only Lobbying and Self-Deception Can Keep Tariffs Alive
Tariffs exploit humans’ self-deception and willful ignorance, making feel-good patriotism into a cover story for rent-seeking, favoritism, and graft.
-
•
Are We Doomed to Repeat Economic History, Even When We Know It?
Tariffs, war, fascism… if those in power won’t heed warnings, we’re all stuck repeating history.
-
•
Econ 101: A Compass for a Lost Country
If every American — politician, voter, taxpayer, schoolchild — learned these 20 simple sentences, we’d be unstoppable.
-
•
Are the BLS and Other Government Statistical Agencies Partisan? Here’s What My Research Found
Bureaucracies are usually too self-serving to get partisan. The consequences of bad data are high, and error rates are pretty low — no matter who is president.