Thomas Savidge
What a Children’s Book Taught Me About Core Economic Principles
Despite having no formal economics training, Richard Scarry captures Say’s Law through Busytown’s everyday interactions.
Defusing the Social Security Time Bomb
Minor adjustments cannot fix a pay-as-you-go system strained by demographic reality. Restoring solvency demands structural changes that emphasize ownership.
A Brief History of Federal Transfers to the States
This explainer traces the evolving, mutually dependent relationship between the federal government and the states through four pivotal eras of fiscal transfers: the Antebellum Land Grants, the Civil War, the…
Proxy Advisors Pay the Price for Their ESG Crusade
Once firmly established in American finance, the proxy advisory industry now faces regulatory threats and AI-driven challenges. To survive, firms must serve customers, not political agendas.
Certificate-of-Need Laws Still Fail Patients — Even After a Decade of Reform
Certificate-of-need laws were meant to lower costs. Instead, they’ve let existing providers block competition, reducing patients' access to care.
‘Saving the Family’ Should Start with Sound Money
American's birth dearth isn't just cultural — it's monetary. The best pro-natal policy is to stop making daily life so expensive.
Medicaid’s Structure Actually Invites Waste and Fraud
Medicaid’s size and complexity create endless opportunities for gaming the rules. Incentives are skewed and accountability is weak, and the taxpayer always foots the bill.
Understanding Medicaid
This explainer will outline how Medicaid functions, the program’s costs, its influence on healthcare in the United States, and how the proposed policy changes in 2025 could reshape the program.
Mission Creep: The Fed’s Foray Into State and Local Debt
The Fed's scheme to offer credit to states and municipalities was fiscal policy in disguise, turning local mismanagement into a national problem.
Enabling Bad Behavior: The Federal Reserve’s Municipal Liquidity Facility in Retrospect
Executive Summary In response to the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act greatly expanded government intervention in the economy. Among many hasty creations of March…
