Capitolism

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

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A Tale of Two Cities

Youngstown, Greenville, and the limits of federal assistance.

How Old Bad Policy Breeds New Bad Policy

U.S. law and regulation are littered with attempts to ‘fix’ problems caused by other government policies.

The Joy and Luxury of Growing Food for Fun

And how the free market enables it.

The China Threat Meets the China Reality

The view that China is an urgent enough economic threat to justify a broad rejection of free markets is mostly misguided.

Into the Unknown

Is the economy at risk of ‘overheating’? Let’s look at the signs.

Will the Culture War Dictate Republican Economic Policy?

The GOP’s current elevation of Donald Trump above policy and principles extends beyond the battle over Liz Cheney and House leadership.

U.S. Steel and the Ubiquitous ‘Market Failure’

It’s preposterous to blame capitalism for problems in an industry that profits from so much protectionism.

Preventing the Next India

Helping to thwart outbreaks in the developing world would be good for the United States, both economically and geopolitically.

What’s Up with Those Omnipresent ‘Help Wanted’ Signs

A few factors are combining to keep people out of the workforce even as the economy improves.

In Praise of Foreign Direct Investment—(Almost) All of It

It's actually pretty great for American workers and their surrounding communities.

Stonktaking

Revisiting some earlier assessments on the COVID pandemic as well as Biden's tariffs and trade policy.

The Suez Canal Debacle Reveals Less—and More—About ‘Globalization’ Than You Think

How ships and canals helped accelerate a trend that started eons ago.

‘Taxing Corporations’ Might Be Good Politics, but It’s Still Bad Policy

It’s no wonder that countries around the world have been lowering corporate tax rates for 40 years.

While You Were Seussing

While Republicans fight the culture war on TV, Democrats enact progressive priorities into law

Beware the Populist Feedback Loop

Policies limiting economic freedom deserve serious scrutiny.