Publications

The budget deal perpetuates the Social Security trust fund fiction by borrowing from one trust fund that has loaned its assets for IOUs to save another trust fund which has spent its IOUs. 

The budget sequester had a short but meaningful life.  It successfully helped to control federal spending, which is why Democrats and many Republicans had to snuff it out.

Congress should move to protect taxpayers and Internet users once and for all by making the moratorium permanent.

The best way to address the problem of income inequality is to ensure that lower-income workers can accumulate wealth, and the best way to do that is to replace Social Security with personal retirement accounts.

Cyberattacks are a big and growing problem; fortunately, there are legislative ways to address the problem that will increase cooperation without stifling innovation.

Minimum wage legislation is just another form of price controls. Most economists understand why price controls don't work, but many people forget those principles with respect to the minimum wage.

Bernie Sanders claims to be a "democratic socialist." Fortunately the group Democratic Socialists of America can tell us what that means.

President Obama says he will veto any budget that doesn't bust the sequester spending caps, and at least some Republicans are willing to do just that.

Hillary Clinton introduces her prescription drug plan intended to lower prices and increase competition, but will have exactly the opposite effect.

A climate model predicts that Antarctica will melt even as Antarctic sea ice reaches record levels.