Commentary

When professors mischaracterize government intervention, everyone loses. The market is not a machine to be “solved”; it is a process […]

A recent 11th Circuit decision rightly ruled that mandatory Covid beach closures violated the Takings Clause. But the court overlooked

Even if you accept the president’s assertion of an “armed conflict” with drug smugglers, blowing apart survivors of a boat

Venezuela today presents many of the same temptations and dangers that Libya did in 2011. Its authoritarian leadership is entrenched,

When prohibition forces a widely demanded product underground, participants still engage in the purchase and sale of it. And, with

American urban centers exhibit steep levels of inequality. Wealthy businesspeople walk the same streets that unhoused individuals live on, while

FCC Chairman Brendan Carr said in an interview that there is “a strong argument that” Kimmel’s monologue was “sort of an intentional

Decades of reckless budgeting drove away the city’s tax base. In 1975, bond markets effectively ruled the city bankrupt.

[The “One Big Beautiful Bill” is] full of tax gimmicks like preferential treatment for tips and overtime or deductions for

A generation ago conventional wisdom held that as China liberalized, its economy would come to resemble America’s. Instead, capitalism in