Incentives
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The Quiet Ban on Physician-Owned Hospitals
In most fields, we celebrate innovators and experts that start new firms and improve efficiency. In health care, we’ve forbidden it for a decade.
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Grassroots Safety Net: SNAP Gap Inspires Americans to Help Out
Food stamp failures have mobilized thousands of individuals and businesses to provide meals for the hungry. Why are we tasking the feds with this anyway?
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How School Choice Became a Magnet for Capital
Families, entrepreneurs, and Fortune 500 companies alike are chasing better schools. Freedom to choose may be the quiet engine of the next American migration wave.
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Virtuous Cycles of Development: Why Institutions Matter More Than Aid
With “abundance” back in the policy lexicon, the real challenge is understanding what sustains growth: private enterprise, rule of law, and secure ownership.
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Failing Upwards: The Perverse Incentives of Teachers’ Unions
The Chicago Teachers’ Union head was just promoted, despite eye-popping educational failures. Their priority is power, at the cost of student welfare and taxpayer interests.
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Playing Chicken with the Federal Budget: The Rational Stupidity of Shutdowns
Government shutdowns might look irrational, but they follow a familiar script. When political types gain more from the standoff than the solution, collisions become routine.
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The Fed Cuts, but the Market Shrugs: Why Mortgage Rates Refuse to Fall
The Fed can lower the funds rate, but only Congress can rein in the spending that keeps long-term yields — and mortgage rates — stubbornly high.
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How Not to Run a Household — or a Country
What if Donald Trump ran Mar-a-Lago’s economic affairs in the same way that he’s trying to run America’s? Let’s take a look.
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Housing’s Deep Freeze: Existing Home Sales at 25-Year Lows
Buyers are sidelined by high prices, while owners cling to historically cheap loans and high equity. The freeze is reshaping labor markets and family formation.
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Tariffs Rest on Distrust of Citizens
Protectionism assumes Americans are foolish, squandering opportunities and mismanaging their finances. Free trade reflects confidence in our ability to adapt, compete, and prosper.
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•
The Quiet Ban on Physician-Owned Hospitals
In most fields, we celebrate innovators and experts that start new firms and improve efficiency. In health care, we’ve forbidden it for a decade.
-
•
Grassroots Safety Net: SNAP Gap Inspires Americans to Help Out
Food stamp failures have mobilized thousands of individuals and businesses to provide meals for the hungry. Why are we tasking the feds with this anyway?
-
•
How School Choice Became a Magnet for Capital
Families, entrepreneurs, and Fortune 500 companies alike are chasing better schools. Freedom to choose may be the quiet engine of the next American migration wave.
-
•
Virtuous Cycles of Development: Why Institutions Matter More Than Aid
With “abundance” back in the policy lexicon, the real challenge is understanding what sustains growth: private enterprise, rule of law, and secure ownership.
-
•
Failing Upwards: The Perverse Incentives of Teachers’ Unions
The Chicago Teachers’ Union head was just promoted, despite eye-popping educational failures. Their priority is power, at the cost of student welfare and taxpayer interests.
-
•
Playing Chicken with the Federal Budget: The Rational Stupidity of Shutdowns
Government shutdowns might look irrational, but they follow a familiar script. When political types gain more from the standoff than the solution, collisions become routine.
-
•
The Fed Cuts, but the Market Shrugs: Why Mortgage Rates Refuse to Fall
The Fed can lower the funds rate, but only Congress can rein in the spending that keeps long-term yields — and mortgage rates — stubbornly high.
-
•
How Not to Run a Household — or a Country
What if Donald Trump ran Mar-a-Lago’s economic affairs in the same way that he’s trying to run America’s? Let’s take a look.
-
•
Housing’s Deep Freeze: Existing Home Sales at 25-Year Lows
Buyers are sidelined by high prices, while owners cling to historically cheap loans and high equity. The freeze is reshaping labor markets and family formation.
-
•
Tariffs Rest on Distrust of Citizens
Protectionism assumes Americans are foolish, squandering opportunities and mismanaging their finances. Free trade reflects confidence in our ability to adapt, compete, and prosper.