Commentary

President Joe Biden returned from vacation in South Carolina this week to sign the Inflation Reduction Act into law. The country would have been better off had he stayed at the beach. The IRA includes a combination of massive tax increases, innovation-destroying price controls, and debt-funded spending commitments. That might be...

Could Medicare for All have averted more than 330,000 deaths over the course of the COVID-19 pandemic? That's the claim of a new study published by 10 researchers from four different universities in Proceedings of the National Academy of Sciences. To arrive at their figures, the...

The Senate is set to consider the Inflation Reduction Act, the Democrats' massive budget reconciliation legislation. President Joe Biden has stumped for the bill's hundreds of billions in tax hikes on corporations as a way to ensure they "pay their fair share." But many of those dollars will subsidize the...

The right policy mix to address our current economic malaise is tighter monetary policy and pro-growth tax and regulatory policies. While the Federal Reserve is on the right track for monetary policy, the newly titled Inflation Reduction Act is completely wrongheaded. The tax provisions – such as imposing...