In many high-income democracies, the explosion of public borrowing over the past two decades has made it clear enough that a budgetary course correction is required, especially when analysis is ...

We should never take economic growth for granted. As Oxford University economist Daniel Susskind writes in his 2024 book, Growth: A History and a Reckoning, “Three facts, simple but remarkable, have ...

With the advent of the Internet and social media, the introduction of smartphones, and the continued proliferation of other online technologies, pornography consumption has changed dramatically in our ...

Since our nation's founding, American Catholics have confronted the question of whether one can be a faithful Catholic and a devoted citizen of the United States.

In a 2023 landmark case, Students for Fair Admissions, Inc. (SFFA) v. President and Fellows of Harvard College, the Supreme Court held that Harvard’s admissions process for new students violated the ...

What distinguishes the current situation is the unusually large constellation of major economic and geopolitical downside risks. That constellation makes the current consensus view of a continued ...

Earlier this week we posted an article on long-term trends in US defense spending. Surprisingly, we found that inflation adjusted per capita defense expenditures have remained essentially unchanged ...

This paper studies how output prices are affected by increases in the minimum wage. To the best of our knowledge, we provide the first examination of how the prices of an entire menu of items at a ...

There are serious issues with America’s federal budget. Very serious issues. Where to begin? Let me first start with the process of budgeting, that process of drafting a plan for raising revenue ...

The legacy of the Biden administration’s Department of Education seems less likely to be characterized by its accomplishments than by its shifting of the Overton window away from things it is averse ...