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Ron Wyden: Free Trader?

Senator Wyden has recently begun to clarify where he will attempt to take trade policy: it’s a mixed bag of attitudes and proposals, though by no means antithetical to a free market agenda.

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U.S. Leadership Rating Rises. Huh?

The objective of foreign policy is to secure the defined interests of the United States. It may appear to be easier to succeed at such an endeavor if foreigners like us, but don’t be so sure.

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Absurdities at the IRS

Under tax law, stolen property, bribes, kickbacks, and income from other illegal activities must be counted as income. Embezzlers, thieves, and bootleggers may also take deductions for costs relating to criminal activity.

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When Setting Tax Policy, Don’t Forget About Long-Run Growth

Neither party will always welcome estimates of how their proposals affect long-run growth. But the American people should welcome the prospect of their elected representatives being asked to think further ahead than the next election.

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LNG Exports: 'A Good-Faith Test' for President Obama

For the environmental Left, pursuit of their policy goals requires neither consistency nor evidence.

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Crude (Oil) Politics

The Obama administration's approach to the public policy challenge of energy production and consumption ignores three important energy realities.

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Asian Americans Resist Racial Preferences

California Democrats have proposed a new referendum that would reinstate racial preferences in higher education, but the state's Asian Americans are rebelling.

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Hoping for China's Success

There is one effort in which everybody should wish to see China successful: preservation of the country’s farmland. It has already been reduced to well below the level needed to keep the country self-sufficient in grain production.

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A National Minimum Wage Is a Bad Fit for Low-Cost Communities

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.

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The Proper Size of Government

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.

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Why the Patient CARE Act Proposal Isn’t Ready to Replace Obamacare

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.

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Tribal Wisdom in Modern Times

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.

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Senator Warren Gets Taken In by a False Analysis

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.

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Tempest at a Tea Party

For 50 years, the IRS has been exceeding its authority. The agency should get out of the business of regulating political speech.

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Pre-K vs. Back Pay: Personnel Costs Threaten Progressive Goals

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.

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Bordering on Chaos

To overcome its deadly corruption and chaos, Mexico needs to increase its defense spending and freedom-oriented reforms.

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One Step Closer to Tax Reform

House Ways and Means Committee Chairman Dave Camp’s tax reform proposal shows political courage and embraces admirable policy objectives.

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Motor City's Next Moves

Detroit recently submitted its financial restructuring plan to court and approved a privatization deal. Here are several other proposals for turning the city around.

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Keystone XL: Sachs Strikes Back

Fact-free he began and fact-free he remains.

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Is Talking the Shortest Path to War?

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.

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It's time to let Africa imagine its own future.
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