Will Ted Cruz Take a Sharp Left Turn on Antitrust Policy?
Conservatives in Congress have good reason to rage at Big Tech censorship. But too many of them have let their anger get the better of them.
The Latest
Windfall Tax Blowback Shock
The Tories these days are a party of the center-left, so their introduction of this tax was entirely predictable.
‘Objectively False’ That Shipping Reform Bill Will Fix Supply Chains
According to a container-industry analyst, it’s ‘objectively false’ that a shipping reform bill will fix supply chains.
Episode 71: Capital Markets R’Us
David is joined once again by Oren Cass of American Compass, this time to discuss the state of American financial markets.
Against a Carbon Tax
The common economic arguments for taxing greenhouse gases aren’t persuasive.
The Fed: More of a Surprise Required
Last week, 75 basis points would have been a surprise. Today, not so much.
The Fed Needs to Exceed Expectations, Not Just Meet Them
A hike of 75 basis points is good, but 100 basis points would have been better.
Christine Lagarde’s Inflation Challenge
If the European Central Bank doesn’t act more swiftly and decisively, it risks another round of the European sovereign-debt crisis.
Make Welfare Work Again
The policy success of linking work and welfare has eroded, especially since the pandemic. It’s time to restore that success.
The Case for Letting Crises Go to Waste
There is no need to create surprise debt for something everyone knew could happen.
Caterpillar Moves HQ from Illinois to Texas
Even a company with deep historical ties to a state will eventually move elsewhere if that state become uncompetitive.
Into the Bear Garden
Our current sell-off likely has a while to go, although like any sell-off it probably won’t be uninterrupted.
High Corporate Taxes Cannot Tame Inflation
Taxing corporations in any amount cannot and will not have any bearing on inflation.
Biden Misses the Boat on Shipping
The Ocean Shipping Reform Act doesn’t solve any of the problems facing supply chains, and Biden’s case for it lacks evidence.
