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Illinois Politicians Still Want Boosted Tax Power
More than five years after the failure of the so-called Fair Tax Amendment, Illinois politicians are still trying to eliminate…
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Track Record
Spain receives much well-deserved praise for its rail network, the second-largest in the world after China’s, with around 4,000 kilometers…
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Could Donald Trump Save the Federal Reserve?
Few macroeconomists have been as influential over the past half century as Robert Lucas. He won the Nobel Prize in…
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The Economic Origins of Cryptocurrencies
The launch of Bitcoin in 2009 represents one of the most disruptive phenomena in financial history, establishing a unique link…
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The Rise of an Outdoor School Network Educating Nearly 1,000 Students
At Carolina Kids Co-Op, school is out—outside, that is. At its flagship location in Myrtle Beach, South Carolina, more than…
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Europe’s New India Deal
After nearly two decades of halting, stumbling talks, India and the European Union (EU) have at last concluded a free…
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China’s Debt Problem—And Our Own
The United States and China are the world’s two great powers. The US boasts the largest economy, the global reserve…
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Why Zero-Sum Thinking Creates a Negative-Sum World
Governments around the world have recently begun imposing massive sales taxes on their citizens and claiming that in doing so…
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The Invisible Hand at Sea
The archipelago of the Azores, a Portuguese territory located in the North Atlantic between Europe and North America, is frequently…
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Reform on the Move
Like the United States, the United Kingdom has a first-past-the-post voting system. This tends to entrench a two-party system. It…
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