Cronyism and Corporatism

The planned subway extension in New York City promises to be the latest financial fiasco in the mess that is the city's undercapitalized and poorly maintained metro.

Rest in peace, "technolibertarianism." There was a time when many believed tech entrepreneurs would usher in a new era of freedom. Unfortunately, the new tech elites are technocratic collaborators with the regime.

As the Biden administration continues to inflate the dollar, other nations are questioning the existence of the petrodollar.

When we see real bipartisan action in Congress, it usually is for the worst.

President Biden's call for more protectionism isn't aimed improving the US economy. Instead, it is about creating a war-footing autarky.

Canadian political, academic, and media elites "worry" that democracy in that country may be under attack. Actually, democracy works all too well there.

The president's SOTU speech has become an annual presentation of a new set of White House lies. But official Washington believes it is worse to publicly boo false statements than to make them.

It is easy to dismiss Chinese advancements in electric vehicles as the result of government subsidies, but private entrepreneurship also is playing a major role.

When we see real bipartisan action in Congress, it usually is for the worst.

Contrary to the claim that taxpayer subsidies for higher education provide great social benefits, these subsidies actually are a wealth transfer from the less-well-off to wealthy people.