Latest
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What Zohran Mamdani Could Learn From His Father
Mahmood Mamdani’s research showed why people often don’t behave the way central planners wish they would. His son faces a similar test in New York.
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‘Market Humanism’ Renames an Old Economic Insight: Cooperation
A new book suggests a modern marketing label for classical liberal ideas: individuals acting in markets are engines of human flourishing.
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Elon Musk’s Paper Billions Are Vanishing
The global trillionaire count returned to zero not long after SpaceX’s IPO. Market fluctuations show the danger of imposing cash tax bills on stock-price wealth.
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Humility Is Civilization’s Price of Admission
A Canadian shop mailed me the hard-to-find part to save my wife’s old blender. How do prices help strangers cooperate on a scale no one can engineer?
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NYT’s Nikole Hannah-Jones Regrets Sending Her Daughter to Failing Public School
The Project 1619 journalist said parents should stick with struggling, segregated schools. Her daughter isn’t the only one who was cheated by that ideological choice.
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Affordable Broadband is a Local Victory
Competition, deregulation, and innovation are giving consumers faster internet at lower prices.
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The $46 Trillion Price of Avoiding Social Security Reform
Delaying Social Security reform would spare politicians difficult choices today while leaving taxpayers with a much larger bill tomorrow.
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Tariff Exemptions are Big Business for Big Business
A tariff may look like a uniform tax. In practice, exemptions give politically connected firms an advantage.
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A Bankrupt America Can’t Defend the World
As interest costs consume an ever-larger share of the federal budget, maintaining an informal global empire becomes fiscally and strategically indefensible.
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The Great Repricing of the College Degree
The college wage premium remains substantial, but has declined sharply since 2022. Generative AI may be part of the explanation, but it is not the whole story.