There is a lot of talk today in America about inequality—but all of it needs to start (though it usually doesn’t) with this fact: the consumption levels of the poorest 5 percent of Americans today stand at the 95th percentile of all people who have ever lived! Time to revise (drastically) the textbooks! READ MORE »
Can we have a safety net that meets the needs of people who experience misfortune without creating a permanent class of nonworking dependents who behave in socially undesirable ways? “Yes,” says John Goodman, the father of health savings accounts—and he shows us how. READ MORE »
In the government’s vision, growth of EPA power equals progress and any curtailment of EPA power allegedly takes the country “backwards.” But, in a 9-0 ruling regarding property rights, the Supreme Court just said otherwise. It’s a watershed event. READ MORE »
When scholars at the conservative Heritage Foundation reach the same negative conclusion about a policy as scholars at the liberal Urban Institute, you can be sure the thing is bad. So why, exactly, are we still considering federal student-loan forgiveness? READ MORE »