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  • Editor's PickInvesting

    US Fiscal Dominance, the Coming Fiscal Inflection Point, and How Congress Can Fix the Debt Crisis (Before It’s Too Late)

    by February 23, 2026
    February 23, 2026

    Romina Boccia Last week on Capitol Hill, we discussed a risk that is becoming more real every day that Congress delays fixing the…

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  • Editor's PickInvesting

    The Weight of the Ledger: How Legal Debt Became the New Pile of Stones

    by February 23, 2026
    February 23, 2026

    Mike Fox In the centuries before the Enlightenment, the law had a literal way of crushing the accused. European courts used judicially sanctioned…

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  • Editor's PickInvesting

    Market Structure Brings Market Surveillance

    by February 23, 2026
    February 23, 2026

    Nicholas Anthony The Digital Asset Market Clarity Act has been the talk of the town in the world of cryptocurrency. Often described as…

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  • Editor's PickInvesting

    Centralized Versus Local Policymaking: Evidence from China

    by February 23, 2026
    February 23, 2026

    Jeffrey Miron At the core of many public policy decisions is the question of centralization. Libertarians prefer leaving policy to local governments while…

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  • Editor's PickInvesting

    Immigrants Use Less Welfare, Even Counting Their US-Born Children

    by February 23, 2026
    February 23, 2026

    Alex Nowrasteh and Jerome Famularo (Wikimedia Commons) Steven Camarota of the Center for Immigration Studies recently criticized our research on immigrant welfare use…

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  • Editor's PickInvesting

    Cuba’s Self-Induced Crisis May Be Its Worst Yet

    by February 23, 2026
    February 23, 2026

    Marcos Falcone Cuba’s economy is on the verge of collapsing. True, the standard of living has deteriorated under communism—most notably after the fall…

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  • Editor's PickInvesting

    Friday Feature: Hilton Horizons Academy

    by February 20, 2026
    February 20, 2026

    Colleen Hroncich Candice Hilton had been a public school teacher for almost a decade, but was still excited when December rolled around. Christmas…

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  • Editor's PickInvesting

    Public Defender Shortages Suggest Rethinking Drug Criminalization

    by February 20, 2026
    February 20, 2026

    Matthew Cavedon and Kayla Susalla Earlier this month, the Oregon Supreme Court required the state to dismiss about 1,400 criminal cases because of a lack of defense counsel. The court held that…

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  • Editor's PickInvesting

    What the SCOTUS Tariff Decision Means for Fiscal Policy in Four Charts

    by February 20, 2026
    February 20, 2026

    Adam N. Michel and Santiago Forster The Supreme Court of the United States (SCOTUS) struck down President Donald Trump’s so-called “reciprocal tariffs” enacted…

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  • Editor's PickInvesting

    The Illusion of Limited War: Trump’s Misguided Approach to Iran

    by February 20, 2026
    February 20, 2026

    Brandan P. Buck “We’re not at war with Iran. We’re at war with Iran’s nuclear program.” So characterized Vice President J.D. Vance when…

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