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Life, Liberty, Property #112: Powell Beats Labor Market
Opinion -Two days after Federal Reserve Chair Jerome Powell announced the central bank’s decision not to reduce interest rates, the Bureau of Labor Statistics announced bad news about the U.S. economy. -
Life, Liberty, Property #111: Interest Rates Are Too High
Opinion -The U.S. economy appears to have begun a recovery this year toward more-natural and productive conditions after years of near-zero interest rates imposed by the nation’s central bank, the Federal Reserve (Fed). -
Can We Tax Ourselves More?
Opinion -The Federal government appears headed to bankruptcy based on the Congressional Budget Office’s forecasts. Mathematically both reducing spending and increasing taxes can reduce deficits. But can Uncle Sam collect more tax revenue? -
Life, Liberty, Property #110: Confidence Rises as U.S. Economy Beats Expectations
Opinion -The June inflation number provided a good deal of ambiguity about whether the Federal Reserve is doing right. -
Life, Liberty, Property #109: Shooting for Fairness—but for Whom?
Opinion -A mass shooting in downtown Indianapolis, Indiana over the Fourth of July weekend put the city on edge and politicians under increasing scrutiny. -
Life, Liberty, Property #108: Supreme Court Affirms Constitutional Limit on Courts’ Authority
Opinion -Within a flurry of highly consequential and groundbreaking U.S. Supreme Court decisions, Friday’s ruling in Trump, President of the United States, et al. v. Casa, Inc., et al. stands out as a truly historic event. -
Life, Liberty, Property #107: Eminent Domain Case Tests Our Understanding of Federalism
Opinion -A New Jersey township’s plan to use eminent domain to seize a 175-year-old family farm has caught the Trump administration’s attention. It is an important case with critical implications about the purpose and conduct of government. -
Life, Liberty, Property #106: Inflation Report Belies Tariff-Inflation Predictions
Opinion -The consensus prediction about President Donald Trump’s massive program of tariffs was that it would cause rapid and highly damaging price inflation. The Wall Street Journal was prominent in conveying those claims, and the Federal Reserve (Fed), the U.S. central bank, concurred, forecasting that the tariffs would cause inflation. -
Life, Liberty, Property #105: The Political Tide Against a Fiscal Rescue
Opinion -Last week I noted that even the U.S. economy, the best in the world, cannot support the current and upcoming federal debt. Here I explain the dismal political reasons why a reversal is so unlikely. -
Life, Liberty, Property #104: There Is No Possible Bailout for the Federal Government
Opinion -The government long ago became extremely comfortable with the fact that the American people have always been able to bail them out. Bailouts, however, notoriously lead to further bailouts and then to bankruptcies. -
Life, Liberty, Property #103: ‘Big and Beautiful’ but Not Nearly Enough of Either
Opinion -Once again, the federal government’s malignant effect on the economy is our top story. Now it’s a debate over whether to raise the debt ceiling. -
Research and Commentary: South Carolina Medicaid Expansion
Opinion -After resisting for 14 years, South Carolina lawmakers are considering Medicaid expansion under House Bill 3109. South Carolina is one of 10 states that have not expanded Medicaid. The Affordable Care Act (ACA) allows states to expand Medicaid coverage to people with incomes up to 138 percent of the federal poverty level, currently $40,187.50 per year for […]
