Drug Importation Is Still a Bad, and Deadly, Policy
For 20 years IPI has been warning that prescription drug importation schemes would allow counterfeit drugs to enter the U.S., and we are seeing their deadly effects.
Taxes Cause Deadweight Loss
Economists know to look under the covers when it comes to taxes, and they often find what's known as "deadweight loss."
Cancelling Student Loan Debt Would Worsen Inflation
Biden's student loan cancellation ploy would exacerbate inflation by putting even more money in the pockets of millions of Americans, most of whom don't need the additional cash.
Wither the International System--and U.S. Foreign Policy--After Ukraine?
Foreign relations and the international system have long been guided by two dominant powers: the United States and Russia. But the war in Ukraine is economically and militarily weakening Russia, even as China is striving to become one of the two or three dominant powers—it's not THE dominant power. The United States is faced with a choice: isolationism, globalism or, the best option, strategic engagement.
Texas Legislators "Come and Take" Free Speech
Like the Texians before them, today’s Texans overwhelmingly believe in free markets, private property, individual liberty and lesser government. HB 20 violates not only these principles but also the free speech protections of both the U.S. and Texas Constitutions.
Dark Cloud Falling: State and Local Pension Funds Are Struggling--Again
Once again a tanking stock market is threatening the financial stability of most state and local public employee pensions. Here's an alternative that would solve that problem.
Permissionless Innovation vs. the Precautionary Principle
For the sake of our economy, for the promise of a better quality of life, and greater discovery, we should allow permissionless innovation unless harm can be demonstrated. And even then, such regulation should be minimal and flexible.
We've Only Just Begun . . . to Spend
If you think inflation is bad now, wait until state and local governments and the feds start spending all of that appropriated money in the infrastructure bill.
An End to the Wussification of the Corporate CEO?
CEOs used to avoid alienating customers by speaking on political and social issues; but they have the right and expertise to speak out when President Biden makes ludicrous economic claims.
Cut in Corporate Tax Rates Overachieved
The 2017 tax cut legislation performed better than the CBO predicted, and even better than I predicted.