Last Rites for Venezuela’s State-Owned Oil Company
Socialist mismanagement is killing Venezuela's national oil company.
The Capital Letter: Week of October 19
Google, risk, taxes, Biden’s plan, China, and much more.
Saving America’s Digital Future
Semiconductors are essential to our modern way of life. How and where they’re made is a looming national-security crisis.
The Latest
A Major Flaw in the French–Lebanese Connection
The French capital-controls mandate for Lebanon should be pronounced dead upon arrival.
The Capital Note: Google Under Attack, the Fed Frets about Risk
On the menu today: The war on Google, the Fed worries about what ultra-low interest rates might mean, the Biden liquidation, automation, a unicorn stumbles, and a case study in ...
Tech and Its (Other) Enemies
Americans should be the ones determining if and how American companies are subject to government control.
Stronger Capital Buffers for Fannie and Freddie Protect Taxpayers
Newly proposed capital rules for Fannie and Freddie will protect taxpayers from another crisis.
Biden Can’t Tax the Rich
It might be easy to sell on the campaign trail, but Biden's tax plan would hurt the low- and middle-income voters it’s ostensibly meant to help.
Google Antitrust Lawsuit Is Heavy on the Politics, Weak on the Merits
The Justice Department is redefining antitrust to go after Google.
Davos Chief’s Call for Higher Taxes, More Regulation Would Mean Less Prosperity
No, the system that has brought the developed world amazing growth, health, education, and prosperity has not run its course.
The Capital Note: What to Expect from China’s 19th Party Congress
On the menu today: China’s 19th Party Congress, vaccine diplomacy, insider trading from home, and a look at the Microsoft antitrust case.
When Policies Collide
Economists may be able to devise studies that disaggregate the effects of each policy, but a misleading general impression about them will linger.
Everything You Needed to Know about Shareholder Activism
Justin Danhof’s is a lonely fight on a seemingly forgotten front of the widespread culture war.
Paul Krugman’s Epic Summer
Assessing Mr. Krugman’s record on schooling, the economic recovery, and taxation.
What Biden Will Do: A Policy-Free Zone in Appearance Only
While the 2020 campaign will surely continue to be policy-free, the 2021 Congress will likely be as policy-heavy as any in history.
Raising Arizona Taxes — Maybe (Part 2)
Whether 208 passes will be a very interesting indicator of Arizona’s future political direction.
The Capital Note: Going After Google
On the menu today: The war on Google, clouds over commercial real estate, clouds in space, food hoarding — and money as a memory device.
Beware the Regulatory Crackdown on Big Tech
Legislators ought to incentivize entrepreneurs to innovate, and stay out of the way.