Policy
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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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Teachers’ Unions Are Losing One of Their Government Perks
Should taxpayers be required to subsidize unions’ lobbying for more taxpayer subsidies? Three states say “no, spend our money on students.”
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A Republic That Cannot Budget
In ‘Fiscal Democracy in America,’ Kurt Couchman contends that Congress’s broken budget process requires constitutional and procedural reform to reestablish accountability and control over federal spending.
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Trump v. Cook Carve-Out Leaves the Fed Above the Law
The Roberts Court restored presidential authority over executive agencies while shielding the Federal Reserve from the same rule.
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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.
-
•
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.
-
•
Teachers’ Unions Are Losing One of Their Government Perks
Should taxpayers be required to subsidize unions’ lobbying for more taxpayer subsidies? Three states say “no, spend our money on students.”
-
•
A Republic That Cannot Budget
In ‘Fiscal Democracy in America,’ Kurt Couchman contends that Congress’s broken budget process requires constitutional and procedural reform to reestablish accountability and control over federal spending.
-
•
Trump v. Cook Carve-Out Leaves the Fed Above the Law
The Roberts Court restored presidential authority over executive agencies while shielding the Federal Reserve from the same rule.