Giving No Truck to Trucking
Policymakers need to begin considering new ways of funding transportation infrastructure that properly allocate the costs of maintenance and repair. We are intrigued by the idea of a commercial vehicle miles travelled tax (VMT-C) that would tax commercial vehicles by the miles driven, but which would omit passenger vehicles.
The Conservative Impulse
The wall in Game of Thrones is reminiscent of a parable by the conservative Christian writer G.K. Chesterton, which first appeared in his 1929 book, The Thing.
Don't Blame the Autopen
The president is chosen by the states to administer for a limited time (thank God) the Office of the President, the head of the Executive Branch. He doesn’t run the country, control the economy, create jobs, set the price of eggs or the rate of inflation, determine the course of the nation, or serve as the Tribune of the People or the Soul of the Nation. At least that’s what the Constitution says.
Texas Should Not Regulate AI -- Yet
Texas should be a leader in innovation, not a leader in regulation.
Let's Pay a Tariff!
Supplier: "Hey, John, we’ve got your order in, but I’m going to have to send you a replacement invoice."
John: "Why?"
Supplier: "Well, I have to add a 25% surcharge to the order."
Don't Regulate AI -- at All, for Now
Right now, governments at the state level are moving bills to regulate AI that should be roundly rejected.
Here Comes "Tarifflation"
Because tariffs, by design, raise the price of imported goods, tariffs are paid by U.S. consumers and businesses. It’s not inflation, since inflation is about the money supply, but it’s a price increase nonetheless—call it “tarifflation.”
Congress Should Reclaim Its Constitutional Authority Over Tariffs
Whether you support or oppose tariffs, all constitutionalists should agree: the power to tax resides with Congress. Reclaiming tariff authority is vital to preserving the Constitution’s design and the role of Congress in self-government.
A Necessary Lame Duck Fix for Medicare
During its lame duck session, Congress can begin the process of fixing Medicare by preventing a further automatic payment cut to physicians on January 1st.
Tariff Magic
Those wanting to impose across-the-board tariffs on American imports seem to think that tariffs are magic, but in fact they are guilty of magical thinking.