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Editor's Pick

Is Culture Degeneration Biological or Ideological?

Why do cultures degenerate? Robin Hanson cites biological factors, but Mises and the Austrians point directly to purposeful choices.

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Editor's Pick

Adam N. Michel The House-passed reconciliation bill includes a new tax measure designed to retaliate against foreign taxes that discriminate against American businesses. This...

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Government protection and deposit insurance slows the inevitable—until it doesn’t.

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Jeffrey Miron What level of government—state or federal—should set economic and social policy? The modern presumption is that “good” policies should be implemented federally....

Editor's Pick

Adam N. Michel The Low-Income Housing Tax Credit (LIHTC) awards roughly $14 billion in tax credits annually to private apartment building developers in exchange...