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Editor's Pick

Uncle Sam’s Credit Rating Story Is Serious News: But Does it Matter?

With US Government bonds being downgraded, another sign that Washington’s borrowing and spending is out of control, not that anyone in power is listening. Think of the downgrade as a canary in a coal mine.

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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...