Policy
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Why Much of Manhattan Would Be Illegal to Build Today
Zoning laws drive up housing costs and freeze cities in the past. New York City is a clear example.
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When Congress Waged War on Cheap Groceries
Long before Amazon and Walmart, politicians targeted A&P for lowering prices with scale and efficiency. The resulting law protected competitors at the expense of grocery buyers.
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Too Connected to Fail: Washington’s New Tech Oligarchy
From Intel to Dell, federal policy has helped create a tightly interdependent system where government power and private firms reinforce one another through subsidies, contracts, and political access.
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America Doesn’t Need a New East India Company
From semiconductors to artificial intelligence, modern proposals for public ownership risk repeating the mistakes Smith identified 250 years ago.
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Measuring Trump 2.0 Against Trump 1.0: Tariff Boasts Meet the Data
Trump credits tariffs for an economic “turnaround.” The data show stronger economic performance in his first term than in his second.
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Early Progressives Understood What Minimum Wages Do
Progressives once embraced minimum wages as a tool to exclude marginal workers from the labor market. Modern advocates have different goals, but the same economic effect.
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Bessent’s Neo-Mercantilism: New Podium, Old Mistakes
Treasury Secretary Scott Bessent and others argue that tariffs and industrial policy can restore America’s strength. In reality, diversified supply chains and open markets provide greater resilience than economic nationalism.
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If Congress Wants a Raise, It Should Do Its Job
A Congress that routinely misses budget deadlines and adds to an unsustainable debt burden should not expect automatic raises with no accountability.
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How the National Flood Insurance Program Raises Housing Costs
Reforming flood insurance will not solve the housing crisis, but it is one lever policymakers should examine.
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The Boomers vs. Millennials Debate Misses the Bigger Economic Point
The real challenge isn’t deciding which generation suffered more — it’s restoring the conditions that allow every generation to prosper.
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•
Why Much of Manhattan Would Be Illegal to Build Today
Zoning laws drive up housing costs and freeze cities in the past. New York City is a clear example.
-
•
When Congress Waged War on Cheap Groceries
Long before Amazon and Walmart, politicians targeted A&P for lowering prices with scale and efficiency. The resulting law protected competitors at the expense of grocery buyers.
-
•
Too Connected to Fail: Washington’s New Tech Oligarchy
From Intel to Dell, federal policy has helped create a tightly interdependent system where government power and private firms reinforce one another through subsidies, contracts, and political access.
-
•
America Doesn’t Need a New East India Company
From semiconductors to artificial intelligence, modern proposals for public ownership risk repeating the mistakes Smith identified 250 years ago.
-
•
Measuring Trump 2.0 Against Trump 1.0: Tariff Boasts Meet the Data
Trump credits tariffs for an economic “turnaround.” The data show stronger economic performance in his first term than in his second.
-
•
Early Progressives Understood What Minimum Wages Do
Progressives once embraced minimum wages as a tool to exclude marginal workers from the labor market. Modern advocates have different goals, but the same economic effect.
-
•
Bessent’s Neo-Mercantilism: New Podium, Old Mistakes
Treasury Secretary Scott Bessent and others argue that tariffs and industrial policy can restore America’s strength. In reality, diversified supply chains and open markets provide greater resilience than economic nationalism.
-
•
If Congress Wants a Raise, It Should Do Its Job
A Congress that routinely misses budget deadlines and adds to an unsustainable debt burden should not expect automatic raises with no accountability.
-
•
How the National Flood Insurance Program Raises Housing Costs
Reforming flood insurance will not solve the housing crisis, but it is one lever policymakers should examine.
-
•
The Boomers vs. Millennials Debate Misses the Bigger Economic Point
The real challenge isn’t deciding which generation suffered more — it’s restoring the conditions that allow every generation to prosper.