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Norbert J. Michel Many bankers appear happy with the new proposals for “Basel III Endgame,” and with good reason. When this all started back...
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Editor's Pick
Jeffrey Miron The Great Depression led to dramatic increases in bank regulation. One study looks at an instance of bank deregulation during this period: state-level...
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Thomas A. Berry, Dan Greenberg, and Harrison Prestwich Jeanne Hedgepeth worked for 20 years as a public school teacher at Palatine High School in Illinois....
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Jeffrey A. Singer Recently, Health and Human Services Secretary Robert F. Kennedy Jr. expressed concern about psychiatric overprescribing, especially among children and adolescents. Critics quickly accused him of...
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Politics
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Benjamin Giltner The war in Iran has exposed both the strengths and limits of the forces involved. Most notably, Iran has shown it can...
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Jai Kedia It is never a good sign when government debt auctions make the news, as was the case this week when the Treasury tried...
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Colleen Hroncich Hunt Davidson was teaching high school history when he noticed something that bothered him enough to quit his job and start over....
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Romina Boccia, Adam N. Michel, and Dominik Lett Congress is reportedly weighing whether to use reconciliation—a special budget process that allows certain legislative changes...
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Norbert Michel and Jai Kedia As the war with Iran draws on, the Trump administration’s hopes for lower interest rates seem to be fading...
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Jeffrey Miron In 2024, Seattle tried to raise wages for app-based workers by requiring that they receive a per-task minimum pay. By comparing earnings...
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Dominik Lett As the Department of Homeland Security (DHS) shutdown extends past 40 days, an uncomfortable irony is playing out in Washington. Democrats are withholding...
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Chris Edwards Funding for the Transportation Security Agency (TSA) has lapsed, and airport screeners across the country are not being paid. Some are staying...
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Stephen Slivinski Certificate-of-need (CON) laws accomplish exactly what they were created to do. That’s actually a big problem, especially for rural areas. Under these...