I’ve failed! I make the case for free markets … young people elect socialists! What are they thinking? Do they even think? Do they pay any attention to history? Or economics? Socialism always fails. Only markets create environments that let people prosper. “Getting the right environment—this country’s done it better than anyone else,” says Steve…
Texas Attorney General Ken Paxton brought a lawsuit against one of the world’s largest investment advisers, alleging it pushes an ESG agenda, an acronym for environmental, social, and governance. The lawsuit names the San Francisco-based Glass Lewis, a firm that advises more than 1,300 investment managers, and says its clients manage $40 trillion across 100…
This month on “The Joe Rogan Experience,” Vice President JD Vance discussed Israel, Jeffrey Epstein, and aliens, topics that have lit up public conversation. Largely overlooked, however, were his thought-provoking remarks about America’s homelessness crisis, which highlight the harmful results of present policies in some of our largest cities and the need to enact new…
Congress just passed two major Republican efforts in one bill. The Stop Insider Trading Act, meant to stop members of Congress from profiting from the stock market based on insider knowledge, included the SAVE America Act. The legislation passed Wednesday evening, 232-198, with 13 Democrats joining Republicans to pass it. The Stop Insider Trading Act…
New York City Mayor Zohran Mamdani told ABC’s Jonathan Karl last month that a democratic socialist can win any office in the country. He may be right about the contemporary politics, but he is dead wrong about the underlying economics, and Colonial America proved it four centuries before he took the oath of office. The…
Vivek Ramaswamy, the Republican nominee for governor in Ohio, on Tuesday received the Chamber of Commerce PAC endorsement. It’s an endorsement that Ramaswamy teased is just one of many to come. Early on in his remarks, Ramaswamy addressed the American dream. He said he knows it exists because of his own experience. “I know it…
When crude oil prices drop sharply, why do drivers have to wait for relief at the pump? The answer follows a convoluted and policy-constrained path from drill rigs to local gas stations. The prices we encounter at the pump result from this complex chain, which begins with global crude and passes through refining, wholesale, independent…
This article is adapted from Maria Bartiromo’s segment on Fox News “Sunday Morning Futures.” Watch the video. In the history of the world, America has quickly ascended to become the number one global superpower, thanks in large part to capitalism and the rule of law and a Constitution that protects freedom and property. Together, it…
Amid domestic economic struggles, Sen. Bill Cassidy announced Thursday that he will introduce a bill to raise tariff quotas on food and agricultural products. The Louisiana Republican’s Home Market Restoration Act of 2026 would raise tariff rates to protect products from his home state such as shrimp, rice, honey, and beef—tariff rates that Congress has…
“The [New York City] Rent Guidelines Board has stopped being a fact-finding body. It has become a body that starts with an answer and vibe codes its way backward to justify it.” That quote was from the resignation letter of Christina Smyth, a now-former member of the New York City Rent Guidelines Board who left…
For years, most Americans’ retirement savings plans have been locked out of certain investment choices, including some of the market’s best-performing assets. That makes it harder to save for retirement. Fortunately, though, this is about to change, giving savers new—and better—options for their investments. At issue are not only the many rules and regulations surrounding…
Three relatively recent events arguably serve as the most prominent landmarks for the dramatic shift in corporate governance we are currently witnessing. First, after roughly 100 years of essentially unchallenged dominance, Delaware’s role as the undisputed home of corporate charters ran into an iceberg in the form of Elon Musk. On Jan. 30, 2024, a…
It was the based of times, it was the woke of times, it was the age of candor, it was the age of cant, it was the epoch of sense, it was the epoch of pretense. And it was the season when firms started moving from high-tax, high-cost blue states to freedom-loving red states. ExxonMobil’s…
The Heritage Foundation released its version of Reconciliation 3.0, a new plan to end federal funding for abortion, combat fraud, and save America $1.5 trillion. The leading conservative policy institute on Wednesday unveiled “Setting the American Opportunity Agenda,” a special budget and spending report for Congress, and House Speaker Mike Johnson said he is ready…
Americans are still reeling from years of inflation and supply chain disruption. Families are paying more than ever before for groceries, appliances, vehicles, and countless everyday goods. Washington talks constantly about affordability, but one of the most practical ways to lower costs rarely gets enough attention: making it cheaper and faster to move products across…
“The trouble with our liberal friends is not that they’re ignorant; it’s just that they know so much that isn’t so.” -Ronald Reagan, “A Time for Choosing” For more than two decades now, a handful of academics, led by John Ioannidis, a professor of medicine at Stanford University, have been documenting what has come to…
Coincident with the celebration of the 250th anniversary of the signing of the American Declaration of Independence is the 250th anniversary of the publication of “The Wealth of Nations.” The full title of Scotsman Adam Smith’s book, published in 1776, is “An Inquiry into the Nature and Causes of the Wealth of Nations.” One might…
A new bipartisan bill is set to be introduced in the Senate next week as the federal government steps in to protect college sports, athletes, fans, and women’s sports. Congress is acting with the first governance and revenue bill of its kind. The Senate Commerce Committee, chaired by Sen. Ted Cruz, R-Texas, announced it has…
In late January, the Oversight Project released “Fedflix,” an interim report about Netflix’s suspicious relationship with law enforcement and the intelligence community. Our report highlighted how Netflix has a board of directors largely made up of highly partisan Democrat operatives and donors; pushes programming with LGBTQ+ content to children; and produces content that has been…
New Chair of the Federal Reserve Kevin Warsh walks straight into a professional buzzsaw. Though he now occupies one of the most influential and prestigious posts in America—and indeed the world—his daunting assignment may be among the most difficult in government in recent decades. The difficulty of Warsh’s task flows first from the abject failures…