Blog
The infrastructure cartel trap
At last week’s BlackRock US Infrastructure Summit in DC, federal and state policymakers, investors, and corporate leaders gathered to map out the next wave…
Blog
The missing guardrail in crisis politics: Discipline
Modern American governance has developed a troubling pattern. Economic shocks like the 21st century’s financial panics and pandemic are often met with vast expansions of…
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The most powerful monopoly isn’t a corporation: Introducing the Capitol Control Quotient
Policymakers often argue over whether capitalism works and how aggressively it should be restrained. But they rarely ask the more pertinent question: where, exactly, does…
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Abolish, shuffle, repeat: The SOTU’s ill omen for federal retrenchment
Shrinking the federal government and abolishing agencies sounds simple — decisive, even. In practice, however, it appears neither can be done under modern administrative-…
Blog
Trump’s SOTU conundrum: Deregulation today, swamp tomorrow?
Donald Trump’s 2026 State of the Union (SOTU) address presents an opportunity to confront the federal spending, entitlement, and regulatory behemoth in a new way…
Blog
Merger relief vs. the consolidation regulators ignore
A federal court’s decision blocking a 2024 Federal Trade Commission’s expanded merger-disclosure rule is welcome. But its significance risks being overstated. Skirmishes over reporting…