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The standard argument for government services is that only government can build enough roads to meet transportation needs. However, the disconnect between production and consumer choice ensures misallocation of resources under government roads, including traffic congestion.
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...
Government protection and deposit insurance slows the inevitable—until it doesn’t.
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....
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...
