Daily Economy
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From Gleaning to Growth: Ancient Lessons for Reducing Poverty
Care for the poor is an essential part of a virtuous life in the Jewish and Christian traditions, and other traditions as well. In the book of Deuteronomy, in the […]
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The UN is Costly and Corrupt: Should the US Pull Back?
Twenty years ago, a committee led by former Chair of the US Federal Reserve Paul Volcker released its report. The committee had investigated what had been known as the “oil-for-food” […]
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DC’s $4.4B RFK Stadium Boondoggle: A Gift to Interest Groups, a Burden on Taxpayers
Washington, DC’s subsidization of the renovation of RFK Stadium — the once and future home of the Washington Commanders — “is a BFD,” Mayor Muriel Bowser said, verging on an […]
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You Can Pay Your Friends on PayPal and Venmo Again—And Not Worry About the IRS
Since the passage of the One Big Beautiful Bill in early July, Democrats have devoted their summer to campaigning against the bill’s cuts to various social programs. Some took to […]
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Health on the Shelf: How Markets Made Life-Saving Inhalers Accessible
A simple conversation sparked the idea for modern metered-dose inhalers, but markets made them iconic. George Maison, President of Riker Laboratories in 1955, was talking with his daughter Susie about […]
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What Japan’s Struggling Rice Market Teaches Us About US Tariffs
Japan eats a lot of rice. And it imposes tariffs on foreign rice to protect domestic producers — sometimes as high as 700 hundred percent. The result has been a […]
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Superman, Sneaking Snacks into Movies, and the Mystery of Social Order
Last month, like many, I went to see the newly released Superman movie by James Gunn. As a kid, I loved the 1978 Superman film with Christopher Reeve and the […]
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War on Words: The ‘Free Speech Recession’ Is Not Over
I recently had the pleasure of reading War On Words: 10 Arguments Against Free Speech — And Why They Fail, a new book about the dangers of censorship by two […]
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Trump’s AI Plan Aims High, But Leaves a Gaping Hole
We’ve seen this before: fear, overregulation, and political hubris at the dawn of an economic breakthrough. Will we learn from history — or repeat its mistakes? In every era of […]
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My Disagreement with John Tamny on SALT Deductions
In a recent essay, John Tamny, at RealClearMarkets got rather SALTy. Worth reading. John (whom I know and like, and have hosted to give a talk to my big undergrad […]
