Romina Boccia The Federal Aviation Administration (FAA) has a chronic air traffic control (ATC) staff shortage because government control leads to a classic concentrated-benefits, diffuse-costs failure. The FAA relies on…
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The data the Fed does have is presenting a picture of an uneven and wobbly economy. Job growth beat expectations last month but has cratered overall in 2025.
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Jeffrey Miron No. Much, perhaps all, of this regulation is misguided. As with most other policies, the federal government should leave states free to make their own mistakes. This provides…
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Huckabee lobbied for Pollard’s release from prison, arguing that it’s no big deal to spy for Israel which is supposedly “an ally.”
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It is an article of faith in mainstream economics that an economy cannot grow without a growing money supply. Yet, that is a false narrative, as increasing the supply of…
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The investor who shot to fame for calling the housing crash before 2008, has launched a Substack aiming to lay out in detail his bearish thesis on artificial intelligence.
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He was elected to pursue peace, but Trump’s extra-judicial killings of unknown persons in the Caribbean are part of a new quasi-war against so-called “narco-terrorists.”
The government failed to govern, but not by mistake, it was fully incentivized to do so.
While the NBER collects economic data ostensibly to aid policymakers, the data it acquires is useless without proper economic theory to correctly interpret the numbers.
Apparently unaware of where price inflation comes from, Bessent says you can beat inflation by moving from a “blue state” to a “red state.”
