Colin Grabow Amid the recent shutdown of a refinery and looming closure of another, California is grappling with how to replace lost in-state fuel production. Logically, one obvious source would…
-
Norbert Michel, Jai Kedia, and Jerome Famularo Amid new reports of shrinking manufacturing activity and employment, the Trump administration is struggling more than ever to justify its economic policies. Those…
-
The Civil Rights Act, first passed in 1964, is falsely connected with freedom. In reality, this law severely restricts individual liberty and replaces it with coercive government acts.
-
While the Voter ID debate consumes the airwaves with political debate, the real issue is not who is elected, but the unelected elites that hold power. Even if Voter ID…
-
Bob lays out California’s proposed 5% wealth tax on billionaires, using it to explain why taxes on wealth are especially destructive, how different tax structures change incentives, and what recent…
-
Michael F. Cannon Back in November, the Congressional Budget Office (CBO) reported that the Inflation Reduction Act (IRA) was looking a lot more expensive than the agency or the law’s…
-
From the Jacksonians to the Marxists, political theorists have understood that there is something unique about “small industry” between big business and propertyless workers.
Adam N. Michel In the 2025 One Big Beautiful Bill Act, Congress created a new kind of trust called a Trump Account. It is being pitched as a free-market way…
Nicholas Anthony What makes an activity “suspicious”? Maybe you picture someone hiding their face in a trench coat as they pace outside of a bank. Or, maybe you picture someone…
Jeffrey Miron President Donald Trump has claimed his tariffs will raise enough revenue to allow for income tax cuts. Recent research, however, finds that even at optimal tariff rates, these…