Incentives
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Can Immigration Address America’s Fiscal Nightmare? It Depends
High-skilled workers tend to strengthen government budgets, while low-skilled immigration can add fiscal pressure. The composition of immigration matters as much as the number.
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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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A Praxeology of Productivity: Messy Humans, Not Machines, Run the Economy
Productivity depends not just on systems and incentives, but on human action, aspirations, and judgment.
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India’s Aviation Meltdown Reveals Hazards of Command-and-Control
Concentrated markets and micromanaging regulators can turn a policy change into systemic failure. Rules matter, but the cost is resilience.
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Business Conditions Monthly December 2025
Capital spending in manufacturing, energy, and AI-related sectors are nudging growth forward amid rising fiscal uncertainty and a cautious Fed.
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New York Can’t Afford to Sideline Private Developers
Private investment can deliver new rentals at scale, but few will want to build if NYC makes it impossible to charge market rates or remove delinquent tenants.
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No, First-Time Homebuyers Aren’t All 40 Now
A viral housing statistic has captured headlines and fueled frustration. But the emotionally satisfying data rests on shaky methodology, identifying the wrong problem.
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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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Should the Fed Abandon Its 2 Percent Target for an Inflation Range?
While inflation ranges may offer technical advantages, they risk blurring accountability and weakening confidence in the Federal Reserve when clarity is most needed.
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•
To Save Social Security, Stop Subsidizing Wealthy Retirees
The program was meant to prevent old-age poverty. To achieve that, the fortunate will have to give up what (they were told) was theirs to keep.
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•
Can Immigration Address America’s Fiscal Nightmare? It Depends
High-skilled workers tend to strengthen government budgets, while low-skilled immigration can add fiscal pressure. The composition of immigration matters as much as the number.
-
•
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.
-
•
A Praxeology of Productivity: Messy Humans, Not Machines, Run the Economy
Productivity depends not just on systems and incentives, but on human action, aspirations, and judgment.
-
•
India’s Aviation Meltdown Reveals Hazards of Command-and-Control
Concentrated markets and micromanaging regulators can turn a policy change into systemic failure. Rules matter, but the cost is resilience.
-
•
Business Conditions Monthly December 2025
Capital spending in manufacturing, energy, and AI-related sectors are nudging growth forward amid rising fiscal uncertainty and a cautious Fed.
-
•
New York Can’t Afford to Sideline Private Developers
Private investment can deliver new rentals at scale, but few will want to build if NYC makes it impossible to charge market rates or remove delinquent tenants.
-
•
No, First-Time Homebuyers Aren’t All 40 Now
A viral housing statistic has captured headlines and fueled frustration. But the emotionally satisfying data rests on shaky methodology, identifying the wrong problem.
-
•
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?
-
•
Should the Fed Abandon Its 2 Percent Target for an Inflation Range?
While inflation ranges may offer technical advantages, they risk blurring accountability and weakening confidence in the Federal Reserve when clarity is most needed.
-
•
To Save Social Security, Stop Subsidizing Wealthy Retirees
The program was meant to prevent old-age poverty. To achieve that, the fortunate will have to give up what (they were told) was theirs to keep.