The 2024 GOP Platform Promises To 'Make America Affordable Again.' So Why Are They Embracing Fiscal Insanity?
Although former President Donald Trump's deregulatory agenda would make some positive changes, it's simply not enough.
Economics
California's Minimum Wage Law Has Led Some Employers To Cut Hours and Hike Prices
"I've been in the business for 25 years...I never had to increase the amount of pricing that I did this past time in April," one business owner told the A.P.
Biden and Trump Are Both Disastrously Wrong About Tariffs
Yes, cheap imports hurt some American companies. But protectionist trade policy harms many more Americans than it helps.
Republicans Confirm Their Plan To Let Social Security Go Insolvent
Which party can do the least to fix America's troubled old-age welfare system?
He Immigrated to the U.S. as a Child. He Was Just Kicked Out—Despite Coming Here Legally.
"Documented Dreamers" continue to have to leave the country even though this is the only home many have ever known.
What's the Best Argument for Libertarianism?
Dennis Pratt and Gene Epstein debate the efficacy of ethical and consequentialist arguments for libertarianism.
Debate: Austrian vs. Chicago Economics
Economists Gene Epstein and David Friedman debate the merits of the Austrian and Chicago schools of economics.
The National Debt Is Crossing an Ominous Line
The U.S. has successfully navigated past debt challenges, notably in the 1990s. Policymakers can fix this if they find the will to do so.
Biden, Trump, and RFK Jr. Are All Anti-Freedom
Those three presidential candidates are making promises that would have bewildered and horrified the Founding Fathers.
Numb to the Numbers
The national debt has become an alarm bell ringing in the distance that people are pretending not to hear, especially in the city that caused the problem.
Federal IOU: August/September 2024 Puzzle
"Period during which America's national debt was about $75 million"
Politicians Need To Get Serious About Retaining Foreign Graduates
Donald Trump had a point before his campaign walked it back.
Trump Blames Biden for Never Removing the Tariffs Trump Imposed
And you have to admit, he's got a point.
At the Presidential Debate, Biden Says He 'Beat Medicare'
Biden's incoherence and Trump's comparatively cogent lies demonstrate just how poorly the two-party system serves supporters of small government.
Divided Over Purdue Pharma Deal, SCOTUS Unites in Accepting a Dubious OxyContin Narrative
The majority and the dissenters agree that the drug was "central" to "the opioid crisis," even though there is little evidence to support that thesis.
Trent Horn: Can a Catholic be a Socialist?
Catholic Answers apologist Trent Horn explores the nexus of Catholic social teaching and libertarianism.
America Is in a Debt Crisis. Will Trump or Biden Address It at the Debate?
The candidate who grasps the gravity of this situation and proposes concrete steps to address it will demonstrate the leadership our nation now desperately needs. The stakes couldn't be higher.
'I Don't Support Mandates From Government': John Stossel Interviews Libertarian Presidential Nominee Chase Oliver
The candidate makes the case against the two-party system.
Mike Rowe: Make America Stand for Something Again
The Dirty Jobs host talks about patriotism, history, and his new movie for Independence Day 2024.
Eating Doritos While Drowning in Debt
Plus: A listener asks if there are any libertarian solutions to rising obesity rates.
'Vast Majority' of Pandemic Employee Retention Credit Claims Are Likely Scams, Says IRS
Just the latest development in the continuing saga of COVID stimulus fraud.
Federal Budget Deficit Forecast Jumps $400 Billion, Fueled by Student Debt Forgiveness
The Congressional Budget Office reports the 2024 budget deficit will near $2 trillion.
N.J. Businessman Indicted for Sopranos-Style Economic Development Racket
George Norcross III's alleged actions are almost cartoonishly corrupt. But for economic development programs, it's not too far off from business as usual.
New York Lawmakers Threaten To Ban Insurance for Fossil Fuel Projects
The bill would banish insurance companies from the state if they invest in companies profiting from oil and gas.
The Supreme Court May Be on the Brink of Radically Restricting Bureaucrats' Power
Chevron deference, a doctrine created by the Court in 1984, gives federal agencies wide latitude in interpreting the meaning of various laws. But the justices may overturn that.
Trump Advisor Admits Trade War Against China Failed
In an interview, former National Security Advisor Robert O'Brien admitted that "the Chinese didn’t honor" the terms of the deal, years after it was clear.
Don't Freak Out Over Florida Teen Labor Laws
Laws letting teens work longer hours won't have the disastrous effects critics claim they will.
Trump Said Tariffs Would Reduce the Trade Deficit. Instead, It Grew.
In 2017, the last full year before Trump's tariffs were imposed, America's overall trade deficit was $517 billion. By 2023, it had grown to $785 billion.
Whole Foods' John Mackey: We Must Change How We Think About Capitalism
The co-founder of Whole Foods discusses his new memoir, The Whole Story: Adventures in Love, Life, and Capitalism as he launches his new holistic health venture, Love.Life.
The National Debt Is Now So High That Every American Essentially Owes $100,000
We could grow our way out of our debt burden if politicians would limit spending increases to just below America's average yearly economic growth. But they won't even do that.
The Education Department Will Probably Mess Up Next Year's FAFSA Too
A letter from higher education professionals warns that next year's FAFSA will likely face delays.
The Dark Side of Alexander Hamilton
The first treasury secretary's plans would have created cartels that mainly benefited the wealthy at the expense of small competitors.
J.D. Vance's Incoherent Argument for Higher Minimum Wages
Vance thinks that jobs lost because of incompetent central planning don't matter—but that jobs lost to immigrants do.
The Contemptuous Merrick Garland
Plus: The Federal Reserve considers an interest rate cut, its chairman considers persistently high inflation, housing pops up on the National Mall, and more...
Biden Keeps Blaming Others for His Economic Mistakes
The president has tried to shift blame for inflation, interest rate hikes, and an overall decimation of consumers' purchasing power.
Glenn Loury: Tales of Sex, Drugs, and Capitalism
The economist and podcaster discusses his new memoir Late Admissions: Confessions of a Black Conservative.
Going Down?
Plus: Hunter Biden is guilty of crimes that shouldn't be crimes, North Dakota's voters take on gerontocracy, and more...
This New York Charter School Is Helping Low-Income Students. But the City Is Holding It Back.
Government school advocates say competition "takes money away" from government schools. That is a lie.
The Best of Reason: American Small Businesses Are Desperate for Foreign Workers
The number of job openings far exceeds the number of unemployed Americans. Seasonal businesses can't get the foreign labor they need.
Is the Clean Water Act Enforced Less Stringently in Battleground States?
A new study suggests political considerations may influence the enforcement of federal environmental law.
Trump Wants To Exempt Tips From Income Taxes. Why Stop There?
Reducing revenue without identifying offsetting spending cuts means Trump is merely promising to borrow more heavily.
Stiglitz's The Road to Freedom Under Scrutiny
Joseph Stiglitz thinks redistribution and regulation are the road to freedom—he’s wrong.
The Economy Biden Wants
Plus: Trump wants to cut federal spending, Mike Solana wants to save San Francisco, Canada wants to throw thought criminals in jail, and more...
The GOP Once Claimed To Be the Party of 'Fiscal Responsibility.' So Why Not Reform Social Security?
Reasonable options include gradually raising the minimum retirement age, adjusting benefits to reflect longer life expectancies, and implementing fair means-testing to ensure benefits flow where they're actually needed.
