A one-size-fits-all minimum wage, without any adjustments for the significant differences in the cost of living across the country, will disproportionately affect low-skilled workers in low-cost areas.
Based on a large body of empirical research examining the relationship between the size of government and economic outcomes, the United States should scale back.
Capitol Hill Republicans’ latest plan to replace the Affordable Care Act falls short of what is needed to reverse the downward drift of our over-regulated, over-subsidized, and over-politicized health care system.
An ambitious new book grapples with some of the thorniest socio-moral questions ever to have bedeviled political philosophers, falling short when it attempts to apply its meta-morality to a practical issue.
A St. Louis Fed paper is being cited as 'proof' that affordable housing goals did not contribute to the subprime mortgage boom. While it might delight some lawmakers by supporting their position, the paper’s analysis is mistaken.
For 50 years, the IRS has been exceeding its authority. The agency should get out of the business of regulating political speech.
If universal pre-K is as critical as New York Mayor Bill de Blasio insists, funding should be found by cutting lower-priority programs, not through his proposed new income tax.
Instead of protesting better private transportation for others, San Franciscans should demand improved public services.
Several developments should cause the U.S. Treasury to reverse itself in favor of a smaller International Monetary Fund.
Human emotions and animal spirits are increasingly driving economic outcomes.
The Organization of American States is betraying its essential mission to defend representative democracy.
To overcome its deadly corruption and chaos, Mexico needs to increase its defense spending and freedom-oriented reforms.
House Ways and Means Committee Chairman Dave Camp’s tax reform proposal shows political courage and embraces admirable policy objectives.
Detroit recently submitted its financial restructuring plan to court and approved a privatization deal. Here are several other proposals for turning the city around.
GDP statistics lead us to take an overly pessimistic view of the economy. There is no Great Stagnation. There is only a widening gap between the rate of economic improvement and our ability to measure that improvement.
The new elite class of America is the old one: America’s mainline Protestant Christians in both the glory and the annoyingness of their moral confidence and spiritual certainty. They just stripped out the Christianity along the way.
Fact-free he began and fact-free he remains.
A half century worth of experience does not support the thesis that diplomacy with rogue regimes or terrorist groups brings peace. Rather, diplomacy misapplied can be the shortest path to war.
Nixon’s visit to China turned out to be his greatest moment as president. He had brought about a diplomatic revolution that produced the modern diplomatic world.
With intensifying unrest and the Maduro regime fighting a losing battle for survival, it appears that Hugo Chávez’s ‘Bolivarian revolution’ will outlive him by about a year.