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Big GovernmentEconomic FreedomU.S. Economy
Nearly everyone has heard of Bernie Madoff and rightly associates his name with financial fraud. Yet, the Social Security system is built on a Ponzi scheme similar to what Madoff created.
Big GovernmentBureaucracy and RegulationCronyism and CorporatismU.S. Economy
Is Big Tech a government creation—as the American Conservative recently claimed—or is it the result of entrepreneurs employing a mechanism created for noncommercial uses? It is both, writes Michael Rectenwald.
Big GovernmentProgressivismThe Police State
No one seems to support "safetyism," or "helicopter parenting," yet Americans seem obsessed with keeping their children "safe" at all costs. It is not good for children—or their parents.
Big GovernmentCentral BanksU.S. EconomyBusiness CyclesPolitical Theory
A serious political discussion at the federal level would center on structural problems of war and peace, debt and the dollar, and entitlements. But America in 2022 is a deeply unserious country.
Big GovernmentEconomic Policy
Liz Truss sought to be another Margaret Thatcher, but her ballyhooed budget numbers did not add up.
Big GovernmentEuropeFree MarketsStrategy
In presenting her economic plan, Liz Truss failed spectacularly on one thing: cutting spending. Otherwise, a "tax cut" is not a tax cut at all.
As the British economy falters, the government returns to its Keynesian roots. They will find once again that the legacy of J.M. Keynes is inflation and economic ruin.
Big GovernmentBureaucracy and RegulationCronyism and CorporatismProgressivism
As inflation advances and the economy slowly implodes, we also learn valuable lessons.
AntipoliticsBig GovernmentCronyism and CorporatismStrategy
While Elon Musk says he will bring free speech back to Twitter, the forces of statism will not be still. The jury is out on how successful Musk's experiment will be.
Big GovernmentStrategyU.S. Economy
Government economists "seasonally adjust" data in order to better respond with policy recommendations to deal with business cycles. The problem is that government causes the cycles.