Join IPI on May 20 as we host a live virtual briefing with Prof. Russ Roberts of the EconTalk podcast as he reminds us Who Was Adam Smith and Why Does He Matter, in Smith's 250th birthday year. Seems like a reminder of Smith and his contributions would be very timely right now!

The Trump administration’s 2027 budget request is going to include millions of dollars in additional ATC funding, but the BEAD funds are already there, waiting to be invested. That’s the beauty of budget reform — eliminating waste and finding savings can free up funds for other critical public needs.

Who pays the taxes? For 2025, the top 10% of income earners will pay 60% of all federal income taxes. Meanwhile, 44% of U.S. households will pay zero in federal income taxes.

All but the top 10% of income earners will pay more in payroll taxes than in income taxes.

The Court probably won't choose to settle the question of birthright citizenship, though it could. This would leave the debate open, in theory to be settled by Congress or in a a future Supreme Court decision.

The Supreme Court is not a fan of intermediary liability, and that’s a good thing. Which means if Meta and Google appeal all the way to the Supreme Court, there is a reasonable chance that they will succeed.

It’s likely that implementation of AI could eliminate most accidents due to human error. Chips and software don’t get tired, don’t get distracted, and make decisions in millionths of a second that a human might take 5 or 10 seconds to make. Studies suggest that humans can keep track of 3 to 5 independent variables at the same time, while AI can manage orders of magnitude more.