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When emergency declarations become the emergency
Crises and economic shocks have a history of abuse. Few are aware that there are 31 declared and ongoing national emergencies, with some active…
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Free the Economy podcast: Capitalism and the historians with Phil Magness
In this week’s episode we cover the prospect of Inflation Reduction Act 2.0, rising consumer confidence, the perils of stress bragging,…
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New bill would increase spending transparency, more regulatory transparency needed
Galileo may not have uttered the famous words, “Measure what is measurable, and make measurable what is not so,” but the sentiment behind that admonition…
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Wind subsidies are rising, but wind power production isn’t
New data recently released by the Energy Information Administration (EIA) shows a decrease in wind power production in 2023. Despite record highs in installed wind capacity…
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This week in ridiculous regulations: electric programs and EV powertrains
The midnight rush to beat the 60-legislative-day deadline for possible Congressional Review Act repeals appears to be slowing down, but Federal Register activity is still…
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Fewer Memorial Day gimmicks, more oil production will bring down gasoline prices
The Biden administration treats high gasoline prices as a public relations problem rather than a real hardship for millions of Americans, hence the gimmicky announcement…