It is not common to advocate for tax increases as the economic outlook darkens, but that is exactly what liberals in Congress did yesterday when the House and Senate passed budget blueprints. Sympathetic minds in the press are determined to portray the budget proposals as only letting “tax cuts expire“, …
The International Longshore and Warehouse Union (ILWU) is famous for striking to prevent docks from using technologies that reduce the need for union labor. The last time the ILWU went on strike it cost the economy $2 billion a day. But for the union’s efforts, it negotiated an average wage-and-benefit …
The House Judiciary committee’s Antitrust Task Force will be holding a hearing this afternoon on net neutrality regulation of the Internet, focusing on recent actions by Comcast to delay uploads of data by so-called “peer-to-peer” networks to avoid traffic congestion. Such networks are used by about 5 percent of Internet …
In the Wall Street Journal today American University and the University of Nevada at Reno economics professor Brad Schiller offers a great corrective to those who claim inequality is growing in the United States. First Schiller notes that while the share of the pie the bottom 20% of the population …
The New York Times editorial board has become worried that recent protectionist promises coming from the two leading liberal presidential candidates will hurt their movement’s image among the new more upscale pro-free trade members of their coalition. To counteract the perception that liberals are protectionist and conservatives are free traders, …
