How The Weed Tax Shortfall Taught California Democrats The Logic Of The Laffer Curve
California’s broke state government was hoping legalizing marijuana would generate tax revenue to stabilize their government. But they set the tax rate far too high, generating too little revenue.
Trump’s State Of The Union Should Launch ‘Middle Class Capitalism’
Middle Class Capitalism isn’t anti-business. It isn’t even anti-big-business. The simple aim is greater competition, fair markets, and higher wages for the American people.
Thomas Sowell Explains The Economics Of Discrimination
The revered economist’s latest book, ‘Discrimination and Disparities,’ takes a look at the high cost of misguided policies aimed at achieving social justice.
How Creative Destruction Has Begun To Pop The College Bubble
By eliminating tenure, changing incentive structures, and putting the emphasis back on teaching, colleges can create more value for students.
Why A Higher Minimum Wage Comes Back To Bite Everyone Eventually
Minimum wage supporters tend to observe the direct and immediate consequences of their idea, but they do not bother to think through the indirect and longer-term consequences.
Data: Seattle’s Minimum Wage Hike Gets Workers A Measly $10 More Per Week
Besides boosting their incomes merely $520 a year, minimum-wage employees also have had to take on second jobs to make up for losing hours due to artificially inflated wage costs.
Bernie Sanders Gets The Way To Raise Amazon Workers’ Salaries Exactly Backward
Sen. Bernie Sanders declared a win last week after Amazon announced that starting November 1 it will pay all its U.S. workers a minimum of $15 an hour.
Swedish Economist Explains The Truth About Swedish ‘Socialism’
What are the lessons America can learn from Sweden’s taxes, economy, education system? Johan Norberg joins the Federalist Radio Hour.
7 Basic Things Everyone Needs To Understand About Why Free Trade Works
We understand it would be wrong to let politicians interfere with our freedom to trade with our local grocery store. The same argument applies when looking at international trade.
Why Price-Gouging Helps People Recover Faster From Natural Disasters
You might grumble at having to pay high prices. But shortages turn disaster areas into looting zones as otherwise law-abiding citizens become desperate for essential supplies.
If You Think Minimum Wage Hikes Are The Bomb, Check Out Its Explosion In Venezuela
Thousands of Venezuelan businesses unable to pay the new wages closed, and the stores that remained increased prices.
Even Newly Corrected Data Doesn’t Support Claims That Scandinavia Is Socialist
Proponents of ‘democratic socialism’ often point to Norway, where 59 percent of the country’s wealth is in government hands, as a real-life example of their ideas. This is a fallacy.
Podcast: The Paid Family Leave Policy Republicans Want Congress To Pass
AEI Resident Scholar Andrew Biggs joins Federalist Radio to discuss Social Security, paid parental leave, and the economic road blocks in Puerto Rico.
Want More Power To The People? Choose Capitalism
Capitalism encourages people to improve their lives by satisfying others’ needs and desires, by providing things other people want at a price they can pay.
Thomas Sowell’s ‘Discrimination and Disparities’ Is The Book About Racism That America Needs
Sowell’s calm and calculated look at racial disparity in America is a stunning work of brevity and reason.
Podcast: Political Economics And The New Labor Market
Oren Cass talks economic progress, welfare, and how we can strengthen the labor market on this episode of the Federalist Radio Hour.
Trump’s Destabilizing Trade War Is A Triumph Of Stupidity
Jean-Claude Juncker reportedly told Donald Trump, ‘If you want to be stupid, I can be stupid, as well.’ This is a perfect summary of a trade war.
The $15 Minimum Wage Is Wreaking Havoc On New York City Dining
Eventually, the world-renowned restaurant life in cities like New York, DC, and San Francisco will die. The only survivors will be fast-casual chains with low overhead and deep pockets.
Podcast: Could Universal Basic Income End Poverty?
Annie Lowrey joins the Federalist Radio Hour to discuss poverty, the future of work, economics, and the idea of universal basic income.
Donald Trump’s Trade War Is Proving The Free Traders Right
It seems almost embarrassing to have to rehearse the case for free trade, but Donald Trump is determined to make us learn it all over again, the hard way.
Blaming Prescription Pain Pills For The Opioid Epidemic Is Fake NewsHow negligent media have helped inflate a deadly moral continue reading >- The Media Have Done Irreparable Damage To The CountryFor the past two years, the media engaged in a mass actcontinue reading >
- Millennials Are Not Embracing Socialism Because They’re Poor, But Because They’re RichThe discomfort, embarrassment, and guilt of living wellcontinue reading >
