September 11, 2024

Welcome to The Lighthouse, the weekly email newsletter of the Independent Institute covering politics, economics, current events, and everything in between.

This week, we’re revealing the hidden forces behind heavy industry and infrastructure.


As the White House inches closer to blocking Nippon Steel’s billion-dollar bid for US Steel, early reports suggest the move is being justified as a matter of national security. But as Scott Semet reveals, the real story is one of political maneuvering aimed at appeasing voters in key battleground states ahead of the upcoming election—with both parties backing this highly problematic economic decision.


Beyond the steel saga, Paige Lambermont unpacks how federal subsidies for wind and solar are quietly threatening the reliability of the US power grid, while Scott Beyer takes on the classic NIMBY argument that city growth contributes to America’s bland urban landscapes, showing how design codes and regulations are actually what’s stifling architectural creativity.


Happy reading.

Jonathan Hofer
Managing Editor

Top picks this week

Victor Davis Hanson, world-renowned scholar of classics and military history, returns for another episode with Scott Atlas. They discuss immigration, patriotism, nationalism, and the clash of cultures and values in America today.