Free Markets
How Chile’s free market miracle survived a resurgent left
Gabriel Boric, the former student radical who rode a wave of left-wing unrest into Chile's presidency in 2021, left office Wednesday, replaced by José Antonio Kast, a right-wing populist who secured a landslide victory…
Louisiana bill would tighten hair braiding license requirements
Louisiana, a state notorious for high occupational licensing barriers and below-average household median income, may soon create one of the strictest hair braiding licensing requirements in the country. Although the Pelican…
Live Nation settled its federal lawsuit. Tickets still won’t get cheaper.
Live Nation Entertainment and the federal government have reached an agreement to end a yearslong antitrust lawsuit. If you think that's going to make your Bad Bunny tickets cheap, think again. On Monday, Politico…
Adam Smith’s ‘Wealth of Nations’ remains relevant 250 years later
Few books can be said to have withstood the test of time 250 years later, but Adam Smith's An Inquiry into the Nature and Causes of the Wealth of Nations (usually shortened to The Wealth of Nations), published for the…
The tax loophole that made U.S. health care unaffordable
America's health care system consistently ranks as the most expensive in the developed world. It's not, as some politicians claim, expensive because markets have failed. It's expensive because the market has…
Small businesses still waiting for refunds after SCOTUS strikes down Trump tariffs
After being charged billions of dollars under President Donald Trump's unlawful tariff scheme, American business owners are now facing the prospect of a lengthy, costly process to obtain refunds—payments that some expect…
Europe’s labor rules are holding it back
Last week, the U.S. Department of Labor proposed a new rule that would increase the flexibility of independent contractors and reduce employment costs for app-based service companies, such as Uber and DoorDash. Specifically,…
This taxation is looking a lot like theft
There is a word to describe the illegal taking of money or property, followed by a refusal to return the stolen goods. Theft. Now, as a libertarian, I am effectively obligated to remind you here that, yes, all taxation is…
Trump’s tariffs are not going to eliminate the income tax
It's been a chaotic few days for President Donald Trump's tariff policies, but one thing remains very true: Tariffs are not going to offset the federal income tax anytime soon. "As time goes by, I believe the…
The FDA’s approach to medical AI is a win for health-conscious consumers
Under new Food and Drug Administration (FDA) guidance on "low risk" wearable technology and software, AI-powered health tools are rapidly expanding, leading to major implications for cost, access, and consumer…
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