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Your family’s share of federal red tape last year was…
Most people can see taxes on their pay stubs, but there’s another sort of tax that’s much less visible: the cost of government regulations. These…
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Matt Ridley’s wisdom on trust and trade
In 1834, Charles Darwin encountered a group of natives in Tierra del Fuego, at the southern tip of South America. Although both parties were unable…
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Africa (and America) need free trade and deregulation, not generosity
Here is a letter I recently wrote to the Wall Street Journal. Africa (and America) need Free Trade and Deregulation, not…
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Good things happen when spectrum is allocated to the marketplace
There has been recent legislative activity on spectrum allocation, so it is a good time to remind ourselves why moving as much spectrum as…
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Trump’s newborn nest egg accounts
In the face of recurring economic shocks—we’ve suffered 9/11, the 2008 financial crisis, and COVID-19 in the 21st century alone—the reflex to throw hundreds of…
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The broken window fallacy: America doesn’t know what it pays for
If a kid breaks a shopkeeper’s window and a glazier fixes it, is the economy better off? It has created work for the glazier, so…