Policy
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Where Have All the Conservatives Gone?
Left and right increasingly compete over how to wield government power rather than whether to limit it. Stephanie Slade’s ‘Fusionism’ asks whether liberty and restraint still have a constituency.
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What Slaughtered Pigs Can Teach Us About Europe’s Wine Policy
There’s a senselessness to Europe’s attempt to manage wine supply and dictate prices that echoes the New Deal’s effort to alleviate poverty by destroying millions of pigs.
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What Payroll Revisions Reveal about the Economy
One disappointing number tells us little about recession risk. A sustained series of sizable downward revisions deserves more attention.
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The McNamara Fallacy Returns: How Inequality Metrics Distract From the Real Causes of Poverty
When policymakers obsess over inequality statistics, they often overlook the institutions and policies that actually keep people poor.
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How Congress Turned Budget Reconciliation Into a Tool for More Spending
A process designed to overcome political obstacles to deficit reduction is now helping Congress avoid the reforms that matter most.
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Getting Unemployment Insurance Back to Work
The pandemic exposed weaknesses that had accumulated over decades.
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Reality Sends the Bill: How Ignoring Price Signals Ends in Disaster
Sri Lankan fertilizer bans, Argentinian rents, and European power crises all demonstrate that governments can suppress prices, but they cannot escape reality.
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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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•
Where Have All the Conservatives Gone?
Left and right increasingly compete over how to wield government power rather than whether to limit it. Stephanie Slade’s ‘Fusionism’ asks whether liberty and restraint still have a constituency.
-
•
What Slaughtered Pigs Can Teach Us About Europe’s Wine Policy
There’s a senselessness to Europe’s attempt to manage wine supply and dictate prices that echoes the New Deal’s effort to alleviate poverty by destroying millions of pigs.
-
•
What Payroll Revisions Reveal about the Economy
One disappointing number tells us little about recession risk. A sustained series of sizable downward revisions deserves more attention.
-
•
The McNamara Fallacy Returns: How Inequality Metrics Distract From the Real Causes of Poverty
When policymakers obsess over inequality statistics, they often overlook the institutions and policies that actually keep people poor.
-
•
How Congress Turned Budget Reconciliation Into a Tool for More Spending
A process designed to overcome political obstacles to deficit reduction is now helping Congress avoid the reforms that matter most.
-
•
Getting Unemployment Insurance Back to Work
The pandemic exposed weaknesses that had accumulated over decades.
-
•
Reality Sends the Bill: How Ignoring Price Signals Ends in Disaster
Sri Lankan fertilizer bans, Argentinian rents, and European power crises all demonstrate that governments can suppress prices, but they cannot escape reality.
-
•
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.