Is the 'Budget Sequester' Back? We Can Hope
In 2011 Congress created a "budget sequester" mechanism to force it to control spending. The new Fiscal Responsibility Act has, surprisingly, also included a budget sequester.
Friendshoring: Both National Security and Economic Efficiency Matter
“Friend-shoring” need not be a violation of global liberalized trade so long as it results in a short list of countries we avoid trading with rather than a short list of countries we agree to trade with.
Dang Russians Just Won't Live Up to Environmentalists' Expectations
Prominent Paris Agreement signer Russia is producing a 'gusher' of oil.
World Wi-Fi Day and the Value of Unlicensed Spectrum
You can be forgiven for not knowing that today is World Wi-Fi Day, but you’re certainly aware of the importance of wi-fi to our modern economy and lifestyles. That’s why it’s concerning that Congress has allowed the FCC’s authority to auction and allocate spectrum to lapse. Congress should prioritize restoring the FCC’s authority with the recognition that unlicensed spectrum is also of immense economic value to the economy.
The U.S. Tax Rate on Capital is Rising
Allowing the expensing of capital investment to phase out, as it's scheduled to do, would effectively increase taxes on business, with all the downsides that come with a tax increase.
Inflation Report: Milton Friedman 1, Modern Monetary Theory 0
Inflation is slowing as the money supply declines. Milton Friedman hit a home run; Modern Monetary Theorists struck out.
States Jump on the Prescription Drug Price-Control Bandwagon
Democrats in Washington think imposing prescription drug price controls is a political winner; so Democrats at the state level will try their hand.
The Battle Over the Obama Presidential Center
This paper raises several important questions about the current location, funding and process of approving the Obama Presidential Center on Chicago's South Side.
The EPA Is Making Up Numbers to Sell Its Reforms
The EPA throws out bogus numbers to support its bogus proposals.
The Left Will Drag Out Any Law, However Irrelevant, to Push Their Agenda
Progressives are once again scavenging for old laws they claim would allow the president to do what he wants, in this case the 14th Amendment.