What Should President Trump Do Once He’s In Office?
What Should President Trump Do Once He’s In Office?
A few months ago I wrote a piece for FEE on Argentina’s new president, Javier Milei. Milei took on the presidency of Argentina with a particularly pressing challenge: government overspending was driving out-of-control money creation and its by-product—inflation. Milei’s goal was explicit. He promised to cut government largesse. In my article, I argued that his...
Mackinac Center Unveils 101 Recommendations to Revitalize Michigan
Mackinac Center Unveils 101 Recommendations to Revitalize Michigan
A broad range of policy reforms are needed to revitalize Michigan’s economy and a new comprehensive list of policy recommendations can serve as a guide. “101 Recommendations to Revitalize Michigan,” recently released by the Mackinac Center for Public Policy, includes a wide array of reform ideas aimed at reducing living costs, boosting quality of life,...
Medicare Advantage Is Saving Taxpayers Money
Medicare Advantage Is Saving Taxpayers Money
A new study finds that the migration of people from traditional Medicare to the Medicare Advantage program over the last decade has saved the federal government $144 billion. The study arrives at a time when critics have stepped up their claims that Medicare Advantage (MA) plans are over-billing Medicare and causing a waste of taxpayer...
By John C. Goodman
Javier Milei’s ‘Shock Therapy’ Is Working
Javier Milei’s ‘Shock Therapy’ Is Working
Earlier this month, Argentina President Javier Milei dissolved the Administración Federal de Ingresos Públicos (AFIP), the nation’s largest tax bureau. Argentina’s presidential spokesperson Manual Adorni announced that a new agency will replace the AFIP, eliminating nearly 3,100 public employees and saving Argentine taxpayers 6.4 billion Argentine pesos (roughly $6.5 million). While this measure will reduce...
By Michael N. Peterson
Why Lower-Income Workers Are Trending Republican
Why Lower-Income Workers Are Trending Republican
It’s hard to be an economist and, at the same time, be a Democrat. The reason? Most left-leaning Democrats reject the main teachings of economics. Yet more than 80% of academic economists are Democrats. For every Republican economist on college faculties, there are 4.5 Democrats. Consider just a few of the ways in which what...
By John C. Goodman
The Case for Eliminating Property Taxes: What This State’s Vote Means for True Homeownership
The Case for Eliminating Property Taxes: What This State’s Vote Means for True Homeownership
On November 5, North Dakota will vote on Measure 4, a ballot measure that could make it the first state to eliminate property taxes. This decision isn’t just a local concern; it’s a critical moment that could shape the future of property tax reform nationwide. If successful, the measure will challenge the notion that property...
By Vance Ginn
Foundation for Economic Education Launches AI Chatbot
Foundation for Economic Education Launches AI Chatbot
The Foundation for Economic Education (FEE) has launched AI Pencil, a new AI chatbot to help answer questions about free enterprise philosophy and economics. “We’re proud to be techno-optimists at FEE,” states an announcement posted Monday, Nov. 11, on fee.org. “We see emerging technology not just as a tool but as a pathway to transformative...
By Kate Hessling
New Lesson in Free Enterprise Online Course Explores Inflation
New Lesson in Free Enterprise Online Course Explores Inflation
Northwood University has posted a fresh lesson in the Philosophy of Free Enterprise, a free online course for anyone interested in learning about the importance of freedom and free-market economics. “Inflation has been a major issue leading up to the U.S. presidential election, so this latest lesson is particularly timely,” stated Northwood Economics Chair Dr....
By Kate Hessling
Lessons from the Rise of Netflix and the Fall of Blockbuster
Lessons from the Rise of Netflix and the Fall of Blockbuster
The year is 1997. It’s movie night! You hop in the car and drive to Blockbuster. When you open the door, new movies flash out from the shelves: Independence Day, Space Jam, and Baz Luhrmann’s Romeo + Juliet. Having picked out your movie—Quentin Tarantino’s Reservoir Dogs—you finally make your way to the front of the...
By John T. Dalton
Daylight Saving Time Remains a Nightmare
Daylight Saving Time Remains a Nightmare
Daylight saving time this year ended at 2 a.m. local time on Sunday, Nov. 3, after being in effect for nearly eight months. Standard time will resume in most of the United States for the next four months, reverting again to daylight saving time, or DST, on March 10 next year. “Springing forward” and “falling...
By William F. Shughart II
How Vox Changed Its Mind About Volunteering
How Vox Changed Its Mind About Volunteering
Last fall a reader reached out to journalist Rachel Cohen and confessed that she didn’t know what she could do to fight homelessness. “I often feel helpless to enact change,” the reader wrote to Cohen, a policy correspondent who covers social policy for Vox. Cohen had written about homelessness for years, and she knew organizations...
By Jonathan Miltimore
Even After Taxes, The Rich Fund Their ‘Fair Share’ of Progress
Even After Taxes, The Rich Fund Their ‘Fair Share’ of Progress
“It’s about paying their fair share,” explained Vice President Kamala Harris in a September 25 interview with MSNBC. “I am not mad at anybody for achieving success, but everyone should pay their fair share.” “Pay their fair share” is a practiced mantra in Washington, DC. Politicians, from Vice President Harris to President Biden, Senator Bernie...
By Dr. Timothy Nash, Jason Hayes
The Inevitable Need: Why Immigrants Are a Key to Economic Stability
The Inevitable Need: Why Immigrants Are a Key to Economic Stability
Whatever the politicians say during the presidential campaign, the United States will continue to need a significant number of immigrants and Latin America will need to continue exporting part of its population to this country. The native U.S. workforce is shrinking, a trend that will increase in the next few years. In the short run,...
By Alvaro Vargas Llosa
Do We Sometimes Just Have to ‘Ignore’ Economists?
Do We Sometimes Just Have to ‘Ignore’ Economists?
Back in August, an article in The Atlantic titled “Sometimes You Just Have to Ignore the Economists” stirred up controversy. The article, authored by Zephyr Teachout, was primarily focused on Kamala Harris’s recent support for price control laws. The article begins by claiming that Kamala isn’t proposing price controls in normal times; rather, she’s opposed...
By Peter Jacobsen