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“The United States is the capitalist nation par excellence,” Irving Kristol once wrote, and he was right. Americans have long enjoyed the benefits (and headaches) of a dynamic economy because our country encourages vibrant competition in the private sector while ensuring the state’s hand, if sometimes heavy, never becomes oppressive. But that is changing, writes Robert Doar.
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The costs of financing government spending should always be front and center, explains Michael Strain. When they aren’t, cost-benefit tests simply become benefit tests. Politicians, remember: There is no money tree.
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Leon Aron writes that the summit President Joe Biden recently suggested to Vladimir Putin looks like an unforced and costly error, as it will be interpreted as a reward for the threat of Russian aggression.
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A party branding itself as a workers party is one thing. Figuring out what that really means and how to actually help workers for the long run — and not just promising to preserve existing jobs in amber — is quite another, explains James Pethokoukis.
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Tobias Peter testified that the federal government's housing policies continue to put low-income and minority borrowers needlessly in harm’s way and have severely limited their opportunities to build generational wealth.
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Elisabeth Braw outlines a whole-of-society model for deterrence by denial and proposes measures governments could take or coordinate to incentivize businesses and the wider population to help keep their countries safe.

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