Regulation
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Keeping Cool: The Air Conditioner That Changed America
The time price of air conditioning has fallen 98.6 percent since 1952. That ordinary luxury saves lives every summer.
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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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The Unintended Consequences of Vacancy Taxes
Taxing vacant properties may be politically appealing, but they have little effect on rents while creating new economic distortions.
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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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Hamilton’s Economic Vision Had One Crucial Blind Spot
Hamilton recognized the importance of manufacturing but overlooked the market processes that create lasting prosperity.
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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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Brexit 10 Years Later: The Economic Collapse That Never Happened
Voters were warned that leaving the EU would trigger recession, mass unemployment, and lasting economic decline. Comparing Britain’s performance with its G7 peers suggests a more nuanced picture.
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•
Keeping Cool: The Air Conditioner That Changed America
The time price of air conditioning has fallen 98.6 percent since 1952. That ordinary luxury saves lives every summer.
-
•
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.
-
•
The Unintended Consequences of Vacancy Taxes
Taxing vacant properties may be politically appealing, but they have little effect on rents while creating new economic distortions.
-
•
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.
-
•
Hamilton’s Economic Vision Had One Crucial Blind Spot
Hamilton recognized the importance of manufacturing but overlooked the market processes that create lasting prosperity.
-
•
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.
-
•
Brexit 10 Years Later: The Economic Collapse That Never Happened
Voters were warned that leaving the EU would trigger recession, mass unemployment, and lasting economic decline. Comparing Britain’s performance with its G7 peers suggests a more nuanced picture.