President Joe Biden's appointees to the Federal Trade Commission (FTC) are resurrecting antitrust policies abandoned in the 1970s because they harmed consumers, writes AEI's Timothy J. Muris, a former FTC chairman. On February 1, Mark Jamison moderated an event with Muris and Deborah Platt Majoras, another former FTC chairman, on how ongoing antitrust revisionism upends an economics-based consensus and threatens consumer welfare.
In National Review, Scott Winship defines the American dream's dual promise: "that life should be better for each generation, and that everyone should have a chance to achieve their aspirations if they work hard and play by the rules." Winship evaluates how the American dream is faring in each regard. Bruce D. Meyer, Kevin Corinth, and Derek Wu measure a substantial drop in poverty among single-parent families between 1995 and 2016. Linking survey data with "an extensive set of administrative tax and program records," Meyer, Corinth, and Wu find that single-parent-family poverty fell by 62 percent, accounting for taxes and nonmedical transfers. Writing in the Wall Street Journal, Andrew G. Biggs proposes capping Social Security's maximum retirement benefit as a first step toward reforming the program. "A cap would put a dent in Social Security's 75-year funding gap of more than $20 trillion and send a message that government benefits to high-income retirees can't be unlimited," writes Biggs. In his latest video for Straight Arrow News, Matthew Continetti observes how Florida Gov. Ron DeSantis has intervened in cultural debates to promote an "anti-woke" form of conservative populism while building his reputation for competent governance. |