Investing

Alex Nowrasteh The Trump administration’s executive order of January 21, 2025, destroyed federal affirmative action in hiring and contracting and other race-based/DEI programs in institutions receiving federal funds and across…

David J. Bier After President Trump nearly eliminated admissions during his first term in office, President Biden rebuilt the US refugee process, admitting the highest number of refugees since the…

Jeffrey A. Singer On January 24, the press reported that the Trump Food and Drug Administration has withdrawn its proposed ban on menthol cigarettes and flavored cigars. The agency did not…

Alex Nowrasteh Shortly after being inaugurated, President Trump issued an executive order that purports to restrict birthright citizenship. The only authority he invoked for redefining some features of birthright citizenship…

Michael F. Cannon If you’ve never listened to the Tradeoffs podcast, this episode would be a good place to start. It’s a 25-minute look into why so many people think…

Romina Boccia and Dominik Lett The California wildfires have been devastating—not only in their human and environmental toll but in their mounting economic costs. In contrast to the typical federal…

Colin Grabow As the Biden administration readied its exit last week, the US Trade Representative’s office released a report that found China’s subsidies and other market-distorting measures targeted at various maritime industries…

Jeremy Horpedahl Economics is a powerful set of tools for analysis. It’s also a set of tools that illustrates the idiom that a little knowledge can be dangerous. A clear…

Patrick G. Eddington It’s rare for a sitting federal chief executive to unilaterally order a mass declassification of historical records. Yesterday, President Trump did exactly that via an executive order…

Michael F. Cannon That sentence (headline), which appears in a report Rep. Chip Roy (R‑TX) issued this week, is the wisest, most responsible sentence I have seen from a member…