Daily Economy
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Dirty Hands vs. Decentralized Producerism: The Populist Logic Behind Trump’s Tariffs
The costs associated with “industry jobs” are high and tangible — and never paid by the elites who want to “bring them back.”
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Termination Day at the Fed? Probably Not
Any attempt to unseat the chair or compromise the Fed’s independence would publicly weaken the institution.
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Did Trump Really ‘Make Showers Great Again’? Not Exactly
What passes for victory against regulation only rolled back a fraction of its intrusion.
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What Scrooge Effect? Americans Keep Giving, Despite the Welfare State
Despite a large welfare state and high taxes, most Americans continue to donate money—even without any federal tax benefit.
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Texas Joins the School Choice Revolution
Texas has responded to families who want more say over how students are educated. Impacting 100,000 students, it’s the largest single-day victory in US school choice history.
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Turning Treasury Securities into Century Bonds Is a Dead End
While the idea of reducing interest costs by converting existing debt into ultra-long, low-yielding bonds might sound like a creative solution to America’s debt challenges, it fails every test of financial realism.
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How the Post-WWII Boom Proved Keynesians Wrong
Expect fans of federal spending to lament every dollar that isn’t laundered through government. But leaving them in the economy works even better.
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Madison Didn’t Predict the Market as the Last Check on Power
Legislators may be cowed and agencies may be politicized, but financial markets connect policies to their impacts with brisk efficiency.
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The Wait Is the Price: Quiet Rationing Plagues Canadian Health Care
The time between referral and treatment has tripled since 1993. The supply of doctors, MRIs, and hospital beds can’t keep up with tax-subsidized demand for care.
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Adam Smith vs. the Tariff State: A Timeless Case for Free Trade
Adam Smith’s principles, far more than Trump’s passions, are attuned to the principles of human flourishing.
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•
Dirty Hands vs. Decentralized Producerism: The Populist Logic Behind Trump’s Tariffs
The costs associated with “industry jobs” are high and tangible — and never paid by the elites who want to “bring them back.”
-
•
Termination Day at the Fed? Probably Not
Any attempt to unseat the chair or compromise the Fed’s independence would publicly weaken the institution.
-
•
Did Trump Really ‘Make Showers Great Again’? Not Exactly
What passes for victory against regulation only rolled back a fraction of its intrusion.
-
•
What Scrooge Effect? Americans Keep Giving, Despite the Welfare State
Despite a large welfare state and high taxes, most Americans continue to donate money—even without any federal tax benefit.
-
•
Texas Joins the School Choice Revolution
Texas has responded to families who want more say over how students are educated. Impacting 100,000 students, it’s the largest single-day victory in US school choice history.
-
•
Turning Treasury Securities into Century Bonds Is a Dead End
While the idea of reducing interest costs by converting existing debt into ultra-long, low-yielding bonds might sound like a creative solution to America’s debt challenges, it fails every test of financial realism.
-
•
How the Post-WWII Boom Proved Keynesians Wrong
Expect fans of federal spending to lament every dollar that isn’t laundered through government. But leaving them in the economy works even better.
-
•
Madison Didn’t Predict the Market as the Last Check on Power
Legislators may be cowed and agencies may be politicized, but financial markets connect policies to their impacts with brisk efficiency.
-
•
The Wait Is the Price: Quiet Rationing Plagues Canadian Health Care
The time between referral and treatment has tripled since 1993. The supply of doctors, MRIs, and hospital beds can’t keep up with tax-subsidized demand for care.
-
•
Adam Smith vs. the Tariff State: A Timeless Case for Free Trade
Adam Smith’s principles, far more than Trump’s passions, are attuned to the principles of human flourishing.