What Happened to the University of California?
Peter Klein traces the ideological transformation of the UC system from a world-class research institution to a cautionary tale of government-subsidized capture.
Peter Klein traces the ideological transformation of the UC system from a world-class research institution to a cautionary tale of government-subsidized capture.
Antitrust populists claimed blocking the Spirit–JetBlue merger would protect competition and consumers. But their effort led to an intervention that strengthened the very oligopoly they set out to fight.
Antitrust populists claimed blocking the Spirit–JetBlue merger would protect competition and consumers. But their effort led to an intervention that strengthened the very oligopoly they set out to fight.
The best guarantee of jobs in the industry isn’t subsidies for the losers, but the prospect of profits for the winners.
The regulatory state is also the entity that stifles competition, reduces economic cooperation, and impedes the production of wealth.
The UK does not have an energy problem, it has a freedom problem.
The UK does not have an energy problem, it has a freedom problem.
A soft coup took place in D.C. last night, and Jerome Powell could stay in the bunker until 2028, if he so chooses.
The Trump administration’s downsizing USAID has brought the usual claims: that without US aid, millions of poor people around the world will die of starvation and disease. Not surprisingly, the claims are exaggerated.
The Trump administration’s downsizing USAID has brought the usual claims: that without US aid, millions of poor people around the world will die of starvation and disease. Not surprisingly, the claims are exaggerated.