Daily Economy
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Trump’s ‘Art of the Deal’ Politics Undermine America’s Future
In game theory, a “first-mover advantage” gives the opening player the power to set the rules of engagement. President Donald Trump built much of his political brand — and his […]
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Can Bureaucracy Love Science? ‘Bethesda Declaration’ Reveals NIH’s Culture Crisis
On June 9, about 300 employees of the National Institutes of Health, representing all 27 NIH institutes, issued a letter they called the “Bethesda Declaration,” calling on NIH director Jay […]
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Improving on the One Big Beautiful Reconciliation Bill
The budget reconciliation legislation recently passed by the House of Representatives, better known as the “One Big Beautiful Bill,” contains several provisions that will benefit taxpayers, but there are opportunities […]
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The Rent IS Too High: Blame Zoning and Supply Caps, Not Rental Apps
Despite occasional political friction, the United States and Canada remain deeply intertwined economically and culturally. Their similarities make them ideal for comparison — especially when investigating the causes of rising […]
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Protectionist Angst Is ‘Made in America’ — So Are Lots of Other Things
Over the years, I — like all defenders of free trade — have had countless conversations with protectionists who are tenacious in searching for weaknesses in the case for free […]
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Could Quitting the United Nations Backfire?
Many Americans now view the United Nations unfavorably, with only 52 percent expressing a positive opinion—a five-point decline since 2023. Public belief that the United States benefits from its membership […]
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Inside US Air Traffic Control: Conflicts of Interest and Absence of Oversight
Milton Friedman famously recognized that policy change only happens in crises: Only a crisis — actual or perceived — produces real change. When that crisis occurs, the actions that are […]
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My $100 Tomato: Is Self-Sufficiency Overrated?
The main principle of trade policy is make or buy. “Economics” comes from the Greek word oikonomia, deriving from oikos, meaning “house” or “household,” and nomos, meaning “law” or “rule”. […]
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How Equity Markets Reacted to Trump’s Tariff Announcements: The Data
Campaigning for a second term, President Donald Trump committed the United States to sweeping tariffs that have no precedent since the Second World War. Shortly after his inauguration, Trump issued multiple […]
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What Scrooge Effect? Americans Keep Giving, Despite the Welfare State
We just made it through another tax season. Congress has begun debating whether and how to extend the Trump tax cuts from the 2018 Tax Cuts and Jobs Act. While […]
