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Subsidy-free capitalism may require a constitutional amendment
Automobiles, electrification, ample consumer goods and mass marketing, a construction boom, and access to credit helped fuel the Roaring Twenties of a century ago.
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Why the PROVE IT Act would result in carbon taxes
The PROVE IT Act (S. 1863) is not a benign information collection bill on the carbon intensity of domestic and foreign goods. Instead, it…
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This week in ridiculous regulations: airline fees and greenhouse gas reporting
The Federal Register grew at nearly triple its usual pace last week. It is on pace for its first-ever 100,000-page year. GDP growth slowed to…
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Free the Economy podcast: Frontier economics with Kendall Cotton
In this week’s episode we cover the diamond jubilee of the Philadelphia Society, the cost of government regulation in the UK, the…
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EPA’s new powerplant rule is the Clean Power Plan on steroids
The Environmental Protection Agency (EPA) yesterday announced its final rule establishing carbon dioxide (CO2) emission performance standards for existing coal powerplants and new…
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Weak GDP is first stress test for inflation fighters
I have been saying for a while that inflation expectations will remain high until policymakers prove they can restrain their stimulus spending during an economic…