America has a spending problem. It also has a health care problem. These are not two separate crises but rather the same crisis wearing different clothes. The Cato Institute's new "Handbook on Affordability" is a great resource to understand the root problem and how to fix it. Start with a ...
The United States Supreme Court has entered its most consequential season. From April through June, the justices release rulings that do more than interpret the law -- they shape the direction of the country. Cases argued in the quiet months of winter now emerge into public view, often ...
Prices rise. People blame capitalism. Politicians promise "solutions." President Donald Trump wants to cap credit card interest rates. My socialist mayor wants to freeze rents. Elizabeth Warren wants politicians to decide what prices are "excessive." So I was surprised to see ...
Many speeches will be delivered this year about the Declaration of Independence as we celebrate its 250th birthday. However, I think the greatest was just delivered by Supreme Court Justice Clarence Thomas on April 15 at the Civitas Institute at the University of Texas, Austin. The ...
You aren't going to believe the latest lawsuit fad in America: suing companies as monopolistic for cutting prices to consumers. In legal mumbo jumbo, this is called "predatory pricing" -- keeping prices lower than charged by competitors. The idea is to keep prices so low that rival firms can't ...
Every April, Americans spend more than 7 billion hours filing taxes and roughly the same amount of time arguing over them, almost entirely on the basis of several common myths. Here are the five most consequential. Myth No. 1: The Rich Don't Pay Their Fair Share This is the most repeated ...
Your memories will try to trick you. I thought about that as I was driving down a street near my house the other day, when I spotted a father walking down the sidewalk, his young daughter slung over his shoulder like a sack of coal he was hauling out of a mine. Her hair bounced along on his ...
Democrat Eric Swalwell and Republican Tony Gonzales were both accused of sexual misconduct involving staffers. Californian Swalwell said he'd resign from his House seat after giving up on his run for governor. Texan Gonzales said he was withdrawing from the 2026 reelection race. Back in the ...
Here's a scenario from California that would be hard for even a Hollywood screenwriter to come up with. This is a state generally seen to lean heavily to the political left. Its congressional delegation -- the largest in the country -- stands at 52 House members, of whom 46 are Democrats, ...
Child care got expensive -- more than $13,000 per child, per year. So many people want government to pay for it. My state just agreed. New York will fund free child care. Yay! But wait ... what government does isn't free. Taxpayers pay. And taxpayers pay more because "government ...
