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.
Economy & Business
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.
Biden Considering Gas Tax Holiday to Curb Inflation
Senator John Kennedy called the proposal a ‘gimmick…that’s not going to make any difference,’ which Republicans have said would harm infrastructure projects.
Top Senate Democrat Proposes New 21 Percent Tax on Oil Companies
A White House official said, ‘We’re not ruling that out.’
Have You Heard of Diesel Exhaust Fluid?
A severe shortage of diesel exhaust fluid could stop diesel trucks in their tracks.
Today in Capital Matters: Corporate Taxes
Daniel Pilla writes about the Biden administration, corporate tax, and inflation.
The Real Economy
The economy is real stuff, real goods and real services that have real value because real people need and demand them.
High Corporate Taxes Cannot Tame Inflation
Taxing corporations in any amount cannot and will not have any bearing on inflation.
Too Much Blind Faith in Models
Taming inflation requires some good old economic thinking.