Chris Edwards Congress should cut federal spending to reduce massive budget deficits. One target for reform should be business subsidies—often called corporate welfare—which total $181 billion a year, according to…
Investing
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Editor's PickInvesting
As the United States Cracks Down on Fentanyl Smuggling, New Drugs and Suppliers Emerge
Jeffrey A. Singer The Drug Enforcement Administration reported last year that its heroin seizures decreased by almost 70 percent, while its fentanyl seizures increased by nearly 451 percent between 2019…
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Jeffrey Miron A major controversy during the COVID-19 pandemic revolved around vaccine mandates, imposed by both governments and private entities, such as employers. Much of the debate failed to distinguish…
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Editor's PickInvesting
New Section 232 Investigation on Timber and Lumber Will Raise Prices for Homebuilders … and More Legal Questions
Scott Lincicome On March 1, President Trump instructed the Secretary of Commerce to initiate an investigation under Section 232 of the Trade Expansion Act of 1962 on the effects of imported…
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Jai Kedia There is no shortage of strange economic proposals in our current political landscape from both the left and the right. You can add changing gross domestic product (GDP)…
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Romina Boccia and Dominik Lett As government funding runs out by March 14, Democrats are attempting to use the appropriations process to block recent cost-cutting measures led by the Department…
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Jeffrey Miron On February 20, the IRS fired 6,700 employees, many of whom worked in enforcement and compliance. Some warn this will weaken enforcement, deepen fiscal imbalance, and make evasion easier.…
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Chris Edwards Republicans must cut federal spending to tame exploding deficits. DOGE is trimming the bureaucracy and the House budget plan trims entitlements, but more cuts are needed. A new…
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Stephen Slivinski Last week, the new Federal Trade Commission Chairman Andrew Ferguson created a task force that, among other things, lists “harmful occupational licensing requirements” among its list of top…
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Ian Vásquez This past Saturday evening, March 1, Argentine President Javier Milei opened up a new session of his country’s Congress with a speech that is worth listening to in…