Articles

For a moment on April 9, the average U.S. tariff rate leapt to 32%, making American consumers the highest tariffed people in the world. For the next 90 days, the average U.S. tariff rate will be about 25%, which will leave Americans paying more than the citizens of any other industrialized nation, putting us in the company of Sudan and Djibouti.

On November 5, 2024, All Puerto Ricans once again faced a pivotal moment in their island's political history as we all headed to the polls for a non-binding referendum on our political status. Voters were presented with three options that could shape Puerto Rico's future: statehood, free association, or full independence. 

State occupational-licensing requirements have ballooned over the past decades to cover seemingly nonsensical professions, raising barriers to entry and costs for consumers. Ray Ball, S.P. Kothari, and Andrew Sutherland argue that the current deregulatory movement in the United States should target these regulations next.

Entrepreneurship is the key driver for economic development and innovation in any society. In this article, I share my humble perspective comparing the entrepreneurial will of Singapore and Ireland with that of Puerto Rico.

Long-suffering Argentines voted for change on Nov. 19, when they gave a landslide victory to Javier Milei, a self-proclaimed “libertarian” who brought rock-star theatrics to the political stage. Most sensationally, Milei has theatrically wielded a chainsaw to signal his intention to make serious cuts in Argentina’s bloated government.

Hayek saw in 1944 that the loss of economic freedom often leads to the denial of other freedoms.

American progressives, together with populists and nationalists on the right, argue that “every billionaire is a policy failure” and propose applying special taxes to them. But bashing the ultra-wealthy is based on flawed ideas about income inequality and sends the message that success is a dirty word.

The debate over labor laws and government intervention in labor-management relations in the United States has been present since the colonial era 300 years ago (Van Wezel Stone, 1981); however, it was with the industrial revolution that unions in the industrial workforce began to organize.

The principle that ends justify means is one where the ethics of individualists and collectivists collide, F.A. Hayek saw.

DOGE is a promising new initiative at the federal level, but governors and state legislatures also have the chance to make significant headway.