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Editor's Pick

Chris Edwards State and local subsidies and narrow tax breaks for businesses are growing. These benefits—called incentives—include grants, loans, tax credits, and tax exemptions...

Editor's Pick

Jeffrey Miron and Jacob Winter Standard economic reasoning suggests that prohibitions reduce the production and consumption of the outlawed good or activity. Penalties for...

Editor's Pick

Nicholas Anthony Under the Biden administration, the government has launched an all‐​out “war on junk fees.” This “war” has covered fees charged by airlines,...

Editor's Pick

Colleen Hroncich Jeana Wilson didn’t plan to get into education. But her daughter has special needs that her local school district wasn’t able to...

Editor's Pick

Travis Fisher Disclaimer: I served as a staff economist at the Federal Energy Regulatory Commission from 2006 to 2013 and as a commissioner adviser from 2018 to...

Editor's Pick

Nicholas Anthony Governments around the world are weighing whether to launch central bank digital currencies, or CBDCs. But are CBDCs even a good idea? That...

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