Economic Policy

In the global Ponzi scheme, thin air and deceit substitute for sound money. As hedge-fund manager Mitch Feierstein wrote in Planet Ponzi, “You don’t solve a Ponzi scheme; you end it.”

Being large doesn't make a country wealthy, nor does being small shrink a country's economy.

The decision to use artificial intelligence–powered robots in the fast food industry depends upon differences in costs and performance between humans and robots. State minimum wage laws are pushing the industry toward robots.

While progressives blame climate change for the deadly Lahaina fire, government created the conditions for the blaze and then helped set it.

Members of Congress claim to be "concerned" over the proposed merger between LIV Golf and the PGA Tour. They should be supporting it or, even better, backing off completely.

Because California’s government has hamstrung electricity producers in the state, its legislature now wants EVs to be “bidirectional,” that is, to put power from their batteries back into the grid.

The possible bankruptcy of Thames Water Company in Great Britain brings to mind the heady days 40 years ago when Margaret Thatcher's government was privatizing state-owned enterprises, including TW. Not all privatization stories have happy endings.

Much of government-owned transportation destroys rather than adds to wealth. The lack of a sound system of economic calculation is to blame.

Obamacare's forced electronic medical recordkeeping is denying patients the care they need.

Modern American media has become so politicized that a once-venerable institution now cannot be trusted.