“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.
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.
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.
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.
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.
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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