The history of modern Europe is heavily defined by often brutal war. America, via the NATO alliance, was able to turn the tide of war to the benefit of hundreds of millions of people. Since the birth of NATO in 1949, the peoples of Europe have enjoyed a peace and prosperity unprecedented in the history […]
Missing from the presidential debate last month was any discussion on how the adoption of artificial intelligence has altered our economy, specifically regarding employment. These employment shifts, which are similar to those during the early digital age, could adversely affect women in particular. However, unlike prior administrations, the Biden administration has bypassed collaboration with individual […]
Federal regulations cost the economy trillions of dollars annually in lost output. Now President Joe Biden’s administration has made behind-the-scenes changes that will saddle businesses with billions more in compliance costs, forcing them to cut back on hiring and investment. Energy prices will rise, and everyday people will see their choices limited and living standards […]
President Joe Biden has set a course on antitrust and competition policy radically different from recent presidents of both parties. Through key appointments, most notably Federal Trade Commission Chairwoman Lina Khan and Department of Justice Assistant Attorney General for Antitrust Jonathan Kanter, Biden has returned U.S. antitrust to an activist posture not seen since the […]
Think about how much better your life was in 2019. Former President Donald Trump created the best economy in our lifetimes. The Trump tax cuts and innovative economic policies, such as the creation of opportunity zones, allowed businesses to create good, high-paying full-time jobs, and gross domestic product grew at a consistent rate of more […]
Policymakers at the national level looking for ways to strengthen economic opportunity too often fixate solely on expanding government programs. Instead, they should embrace a simple goal: eliminating barriers faced by people striving to improve their situation. Removing work disincentives in the social safety net is the best place to start. A clear example of […]
The next president and Congress should repeal every aspect of the Biden administration’s climate change legislative and regulatory program. It is economically destructive, damages national security, and at most will have a barely detectable impact on global temperatures. It should never have been pursued, moreover, because strong scientific data show that neither global warming nor […]
We all see what’s going on in this economy. Inflation is high, and interest rates are spiking. People are bracing for an already-expensive summer as they avoid filling up their gas tanks and struggle to fill their grocery carts. Many families have even reconsidered vacation plans because they need the money despite trying to tighten their belts […]
This summer, President Joe Biden and Department of Labor Secretary Julie Su are traveling to different states to promote their Good Jobs Initiative. While it might seem like a plan to celebrate American workers, it’s really an attempt to push Bidenomics on businesses and workers. The initiative lays out a set of principles the White […]