Jeffrey Miron Was President Lyndon Johnson’s “war on poverty” the main driver of declining poverty rates after 1964? Not according to a new study. The researchers examined a measure of…
Editor’s Pick
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Norbert J. Michel and Christian Kruse The Securities and Exchange Commission (SEC) has proposed ending quarterly reporting and allowing public companies to submit financial reports on a semiannual basis. This proposal…
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Editor's PickInvesting
Health Insurance Affordability: The Trump Administration Overthinks a Short Putt
Michael F. Cannon Last Friday, the Trump administration quietly moved a little closer to granting temporary relief from Obamacare. That action is not useless, but it does appear to signal…
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Ryan Bourne and Nathan Miller Support for raising the federal minimum wage has picked up in recent years given affordability concerns. Supporters are united in the belief that the government…
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Kevin T. Frazier On June 2, President Trump announced an executive order on the cyber risks posed by frontier AI models. Titled “Promoting Advanced Artificial Intelligence Innovation and Security,” the order…
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Editor's PickInvesting
Don’t Be Fooled by Sticker Shock—There’s No National Housing Affordability Crisis
Norbert J. Michel and Jerome Famularo The House recently passed its amendment to the ROAD to Housing Act, correcting several important problems in the original legislation. Yet the bill, like…
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Editor's PickInvesting
The Fourth Amendment Forecloses a Foreign Intelligence Exception: A Brief Case Against the FISA Section 702 Program
Patrick G. Eddington Yesterday, the Senate version of an extension of Section 702 of the Foreign Intelligence Surveillance Act (FISA) was leaked. It is a near carbon copy of the…
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David J. Bier and Julián Salazar On May 26, we submitted comments on a proposed rule by the Department of Labor (DOL) intended to increase the mandatory minimum wage—known as…
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Jai Kedia and Norbert J. Michel Newly appointed Federal Reserve Chairman Kevin Warsh wants to shrink the size of the Fed’s balance sheet. This is a worthy goal and something…
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Norbert J. Michel and Jai Kedia New Fed Chairman Kevin Warsh has committed publicly to reducing the Fed’s financial footprint and reverting its balance sheet to a sensible size. This…
