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Congress would have never acted on issues like marijuana legalization if states hadn’t taken action first.
U.S. EconomyU.S. History
We're in a boom period, which means household formation should be booming. But it's not.
Big GovernmentLabor and WagesU.S. Economy
If Sanders's job-guarantee program were adopted, the only silver lining to the dark cloud is that it would provide additional evidence that government programs don’t work.
Free MarketsU.S. Economy
Voluntary unionism is legitimate, so long as civil government does not do more than enforce the contracts agreed to by employers and laborers.
People aren't spending as much as they used to on automobiles. But there are still plenty of buyers willing to go into debt for a well-equipped car.
Taxes and SpendingU.S. Economy
Timothy Egan in The New York Times evokes Warren Buffett in a recent article on taxes. Unfortunately both men are completely wrong.
Big GovernmentU.S. Economy
By all accounts Paul Ryan is a good natured man, but one who ended up betraying almost all the causes he claimed to care about.
Protectionism and Free TradeU.S. EconomyWar and Foreign Policy
International trade hasn’t had a very good time lately. The outlook is bleak indeed, but it’s not the first time, nor will it be the last.
Money and BanksU.S. Economy
Everything is dandy if borrowers make their payments on their increasingly unaffordable homes. But will unemployment remain low forever?
It’s not just California going off the deep end.