Prohibition won’t stop gambling’s social harms. But regulations aimed at transparency could protect individual rights to informed contract, while limiting predatory platforms. No small group of ...

While many watch the battle for Congress, state-level ballots are where some of America's biggest economic experiments unfold ...

As machines take over routine tasks, work might actually become less robotic. When production is cheap, people can be much more entrepreneurial — and more p ...

The entrepreneur behind the peanut butter cup once worked at Hershey's. In his own basement, he discovered the power of ...

Perhaps the greatest example that good policymaking intentions go awry is the minimum wage. Proponents of increasing the minimum wage argue that doing so will help the poor. If we could snap our ...

With prices rising and nominal spending running hot, the Fed's own projections and policy rules suggest further tightening ...

On August 15, 1971, Richard Nixon interrupted Sunday-night television to announce the New Economic Policy. With the Vietnam War winding down, Nixon argued, the economy required federal action to ...

A clay tablet from Kanesh, in what is now central Turkey, contains the founding charter of a twelve-partner trading company. Twelve merchants pooled thirty-three pounds of gold. The document specifies ...

California voters will decide on Proposition 40, a proposal for “a one-time 5-percent tax on the worldwide net worth of individuals exceeding $1 billion,” this November. The measure’s obligation ...

A property deed should mean ownership, not a renewable lease from the government. Yet that is what property taxes amount to in practice. A family can earn the income, buy the home, pay off the ...