Blog
Forecasts, not puppet strings: The myth that prediction markets rig reality (Part I)
Prediction markets have become an increasingly prominent tool for forecasting elections, economic indicators, geopolitical events, and other uncertain outcomes. As their popularity has grown,…
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TSA Gold+ is worth its weight as a major step toward airport security privatization
For more than two decades, debate over airport security has largely centered on whether the Transportation Security Administration (TSA) should continue conducting passenger screening…
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The forced labor fig leaf
The cardinal rule of President Trump’s trade policy is that he just likes tariffs. Any intellectual justification is just rationalizing his gut feelings.
Blog
The week in regulations: Carbon nanotubes and colored sausage casings
President Trump enacted new tariffs against more than 60 countries. Some of the Canada tariffs invoke a never-used statute from the 1930 Smoot-Hawley Tariff…
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One lesson socialists forgot: Price controls never work
Socialists in both parties may feel they are offering fresh solutions to today’s problems, whether it is government-run grocery stores from Democrats or…
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Demystifying the DCC: Where circuit courts draw the line on energy protectionism
The Dormant Commerce Clause (DCC) is a headache for students and professionals alike. The doctrine’s applicability is notoriously nuanced. In recent decades, however, its…