The Biden administration has pursued aggressive antitrust enforcement built on a return to the progressive approach of the New Deal and Warren Court. In a new AEI report, Timothy J. Muris dissects these influences and shows why there is no historical or economic basis for casting aside the consumer welfare standard.

As unions continue to lose membership in the public and private for-profit sectors, they are increasingly focusing on nonprofit organizations. Naomi Schaefer Riley, together with James Piereson, show why this trend is leading unions to prioritize ideological advocacy over the traditional goal of securing better working conditions for their members.

Also writing in National Affairs, Nat Malkus draws attention to the Biden administration’s proposed changes to the student loan income-driven repayment (IDR) plan. While student loan forgiveness has generated the most controversy, the costs of these IDR changes by themselves could render the federal student loan system unsustainable.

Testifying before the House Budget Committee on June 22, Kyle Pomerleau challenged lawmakers to build on the success of the 2017 Tax Cuts and Jobs Act. Pomerleau underlined why the US cannot afford to be an outlier on tax policy among its global trading partners.

The gap between US and Chinese military spending is shrinking far more quickly than nominal budget figures would suggest. Mackenzie Eaglen breaks down the real shape of China’s military investments to show why the defense spending agreed to in the debt-ceiling deal does nothing to reverse this dangerous trend.