Capitolism

Every Wednesday, Scott Lincicome deciphers and explains how otherwise incomprehensible economic policies affect everyday Americans.

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The State of Play for Manufacturing

My opening statement before the House Subcommittee on Consumer Protection and Commerce.

Pfizer Will Earn Billions in Profits from the Vaccines. It Should Be Much, Much More.

Let’s start with the fact that vaccines will increase the global GDP by trillions of dollars.

No, We Shouldn’t Copy Other Countries’ Industrial Policies

Aside from political and economic differences, even the successes have been exaggerated.

America’s Ports Problem Is Decades in the Making

Systemic problems and bad policy have exacerbated pandemic-related shipping delays.

Not Like This

Biden’s proposed vaccine mandate raises a host of serious legal, practical, and other issues that caution against its implementation.

Wanna Stick It to Wall Street? Build More Housing.

Blackrock and rich boomers aren’t driving the current pricing boom.

U.S. Regulators Are Failing the (Rapid) Test

What it says about our testing regime and the systemic regulatory problems that hinder it.

America’s Math Problem

We have a hard time grasping big numbers. That’s really bad for public policy.

‘We Will Be Great Americans’

There are plenty of reasons why the United States should do more for refugees.

Green Industrial Policy Is Back (Again)

There are plenty of subsidies for renewable energy companies in the infrastructure bill that just passed the Senate.

Green Industrial Policy Is Back (Again)

There are plenty of subsidies for renewable energy companies in the infrastructure bill that just passed the Senate.

Memory-Holing the Last Three Years of U.S.-China Trade Policy

We have plenty of evidence of what tariffs and unilateralism produce. Little of it is good.

Lies, Damned Lies, and Inequality Statistics

New studies show how economic inequality in the United States is misreported—if not entirely wrong.

Trustbusting, #FreeBritney, and the Difference Between State and Corporate Power

Spoiler alert: Domestic and international markets will hold most corporations’ power in check.

Are Trade Wars Really Class Wars?

Only if you ignore services.

Antitrust Is So Hot Right Now. Three Reasons It Should Cool Off.

It ignores market dynamics and is prone to abuse, for starters.