Policy
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Trump Uses NATO Summit to Reinforce Mercantilist Policy
NATO members are finally taking more responsibility for their own defense. Using those security commitments to squeeze trading partners threatens markets and undermines diplomacy.
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The Airwaves Are Going on Sale Again. But Does the FCC Have the Right Goal?
Maximizing consumer welfare and enabling the fullest utilization of the airwaves requires that auctions be conducted to enhance efficiency in wireless markets rather than be narrowly focused on generating revenue.
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Immigrants Build America’s Most Valuable Companies
Visa holders founded half of today’s Fortune 500 companies and a majority of billion-dollar startups. Current restrictions damage that competitive advantage and choke off future growth.
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Social Security Is Not a Generational Contract
The rhetoric of a “generational compact” sounds compelling until you ask who actually agreed to it — and who pays for it.
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The Unexpected Afterlife of Private Wealth
Private fortunes outlive their owners. The gardens, architecture, ideas, and institutions they finance often become part of the public inheritance.
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More Paperwork Won’t Make Medicine Cheaper
Transparency matters, but the Department of Labor’s duplicative disclosure mandates could increase compliance costs while strengthening the industry’s largest firms.
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Fixing Patent Eligibility Is an Easy Win for Innovation
Restrictive patent eligibility has pushed investment in key technologies overseas, weakening one of America’s historic competitive advantages. Congress can still reverse course.
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Rewarding Good Governance: How Foot-Voters Benefit Society
Governance improves when people and businesses are free to leave high-tax, low-value jurisdictions. Competition can improve public policy just as it improves products and services.
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States Relying on Federal Aid Face a Reckoning
Pandemic-era aid allowed many states to expand spending without confronting long-term costs. The bill is coming due.
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A Forgotten Founder Who Warned Against Cronyism
John Taylor argued that government-created privilege would enrich favored interests while weakening republican self-government.
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Trump Uses NATO Summit to Reinforce Mercantilist Policy
NATO members are finally taking more responsibility for their own defense. Using those security commitments to squeeze trading partners threatens markets and undermines diplomacy.
-
•
The Airwaves Are Going on Sale Again. But Does the FCC Have the Right Goal?
Maximizing consumer welfare and enabling the fullest utilization of the airwaves requires that auctions be conducted to enhance efficiency in wireless markets rather than be narrowly focused on generating revenue.
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•
Immigrants Build America’s Most Valuable Companies
Visa holders founded half of today’s Fortune 500 companies and a majority of billion-dollar startups. Current restrictions damage that competitive advantage and choke off future growth.
-
•
Social Security Is Not a Generational Contract
The rhetoric of a “generational compact” sounds compelling until you ask who actually agreed to it — and who pays for it.
-
•
The Unexpected Afterlife of Private Wealth
Private fortunes outlive their owners. The gardens, architecture, ideas, and institutions they finance often become part of the public inheritance.
-
•
More Paperwork Won’t Make Medicine Cheaper
Transparency matters, but the Department of Labor’s duplicative disclosure mandates could increase compliance costs while strengthening the industry’s largest firms.
-
•
Fixing Patent Eligibility Is an Easy Win for Innovation
Restrictive patent eligibility has pushed investment in key technologies overseas, weakening one of America’s historic competitive advantages. Congress can still reverse course.
-
•
Rewarding Good Governance: How Foot-Voters Benefit Society
Governance improves when people and businesses are free to leave high-tax, low-value jurisdictions. Competition can improve public policy just as it improves products and services.
-
•
States Relying on Federal Aid Face a Reckoning
Pandemic-era aid allowed many states to expand spending without confronting long-term costs. The bill is coming due.
-
•
A Forgotten Founder Who Warned Against Cronyism
John Taylor argued that government-created privilege would enrich favored interests while weakening republican self-government.