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Eliminating the Debt Ceiling: Is There Anything the 14th Amendment Can’t Do?

“The Biden administration threatens to invoke Section 4 of the Fourteenth Amendment to sidestep the longstanding federal debt ceiling in a way that would increase the power of the executive branch. ” ~ Robert E. Wright

– May 23, 2023

The FTC should answer its Call of Duty to Gamers

“There are so many holes in the FTC and Sony’s opposition to the Microsoft-Activision merger that an analogy to Swiss cheese is in order.” ~ Gary M. Galles

– May 22, 2023

What’s Next for the Fed?

“A wide range of outcomes are still possible for 2023, ranging from stagflation to a ‘soft landing.'” ~ Thomas L. Hogan

– May 22, 2023

Economic Growth Makes Graceland Less Impressive

“The real ‘capitalist achievement,’ however, isn’t Graceland. It’s the fact that compared to the stuff of the average person’s day-to-day life in 2023, Graceland just isn’t that impressive.” ~ Art Carden

– May 21, 2023

All Housing is Still Affordable Housing: “Seen and Unseen” Edition

“The unseen cause of gentrification is the knee-jerk NIMBYism of affluent leftist neighborhood associations. And that causes the elimination of almost all affordable housing in the city, quickly.” ~ Michael Munger

– May 21, 2023

The Greedflation Myth

“Politicians on the left would like us to believe inflation is caused by greedy corporations. And some academics are all too happy to provide them with theoretical cover.” ~ William J. Luther

– May 20, 2023

Three Proposals for Price Stability

“As a ‘dark horse’ candidate, Ramaswamy has a greater burden of proof before the electorate. He needs to prove his policy proposals are a cut above his rivals’.” ~ Alexander W. Salter

– May 20, 2023

America’s Long Depression

“The US economy may continue to grow or shrink a few percent from year to year, but it will remain mired in a deep depression compared to what it could have achieved.” ~ Robert E. Wright

– May 19, 2023

Without Economic Freedom, None of the Others Matter

“Forbidding entrepreneurial ventures that have not been granted prior approval and design review by unelected officials is, practically speaking, state ownership of the means of production.” ~ Paul Schwennesen

– May 19, 2023