So, it finally happened. A leading American politician has said aloud what many have been whispering: It’s time to break up Big Tech. Democratic presidential candidate Elizabeth Warren just fired the opening salvo and called for the federal government to take action: “Today’s big tech companies have too much power— too much power over our economy, our society, and our democracy.”
Read moreWhy Taxing the Rich May Not Save Democracy
The government shutdown dominated the news these past weeks, but far more consequential were proposals floated by newly minted presidential candidate Elizabeth Warren and freshman representative Alexandria Ocasio-Cortez to significantly raise taxes on the very rich.
Read moreWill Trump Cut the Red Tape?
Of the many polarizations of the United States today, the battle over regulation is particularly fierce and many years in the making. Over the past decades, since at least the presidency of Ronald Reagan, the right and the Republican Party have come to view regulation as the premier sign of government overreach, stifling freedoms and hobbling economic growth. The left and the Democrats for the most part see regulation as the vital bulwark protecting the mass of Americans from corporate and government abuse.
Read moreThe Democrats’ Meaningless Trade Revolt
When is everyone going to realize this train left the station a long time ago?
Read moreLead, America, or Get Out of the World’s Way
The United States is doing a poor job of leading the global economy. But apparently we won’t let anyone else lead it either. In a world increasingly defined by the global flow of goods and services, Washington finds not just curiously adrift but actively at odds with itself and a coherent approach.
Read moreStop With the Fiction of a Binary Economy
The economy is a mess. It’s one thing many Americans and political candidates of all stripes seem to agree on. While it may be somewhat less of a mess than five years ago, the thinking goes, the current administration and Congress have done little to address the crushing challenges faced by large swaths of the American public.
Read more