Similar Inflation Challenges and Stumbles in the UK
Billed as the most free-market prime minister since Margaret Thatcher, Liz Truss's first major move is a counterproductive scheme that will prolong the United Kindom's energy woes ...
About: Veronique de Rugy
Posts by Veronique de Rugy
Championing Opportunity Is a Winning Strategy for Democrats
Today’s political parties lack ideas. The Republicans define themselves as opponents of Democrats. Yet many of the GOP economic policy positions resemble, with minor variations, those of Democrats. Meanwhile, the Democrats...
Taking From the Working Class and Giving to the Laptop Class
If you had any doubts that those in power have dropped the pretense of fighting for the working class, you can dispense with them after the Biden administration’s latest concessions to...
As Washington Gives Us “More,” Americans Want “Better”
Congress’ annual August recess is a good time to think about the big picture. Most Americans want government reformed for the better. We notice its many breakdowns, dysfunctions and failures to...
Another Week of Industrial Policy Hype
Another week, another reminder that heavy-handed government industrial policy is in fashion. Nobel Prize-winning economist Michael Spence recently endorsed it as embodied in the newly passed “CHIPS+” legislation, an attempt to...
The Dwindling Difference Between Our Two Parties on Spending
For a few years, I have sounded the alarm that a growing wave of conservatives are working to make Republicans indistinguishable from Democrats on social spending. Some say that to win...
More Congressional Meddling Won’t Put More Planes in the Sky
Sens. Elizabeth Warren, D-Mass., and Alex Padilla, D-Calif., recently asked the Department of Transportation to fine airlines for delays and cancellations and prevent airline consolidation. The widespread delays and cancellations are...
What to Expect From Washington’s Latest Industrial Policy
Industrial policy is making a comeback. For those of you under the age of 50, this is just another term for corporate welfare — a lovely name for the unlovely practice...
Antitrust Craze Would Unplug Technological Progress
Always beware of the name given to a piece of legislation. It rarely describes accurately the likely impact of enacting a bill. In fact, statutes often do the opposite of what...
Shed No Tears for the Floundering Global Tax Cartel
Implementing a global tax cartel is hard. This lesson is being learned by the bureaucrats who dreamt up an effort to prevent businesses from taking advantage of the fact that some...
With Spending and Inflation, It’s More of the Same
The go-to policy for dealing with nearly every modern problem is more government spending. So it was just a matter of time before Democrats tried to revive the failed "Build Back...
Who Is the FDA’s Juul Ban Supposed to Help?
There’s something terrifying about a government so powerful that it can shut down your business overnight without even bothering to offer substantive arguments. Yet that’s what Food and Drug Administration bureaucrats...
The Inconvenient Truth About COVID-19 Relief Scandals
Raise your hand if you’re surprised that the trillions of dollars spent on COVID-19 relief gave way to billions of dollars in government waste, fraud and abuses. I’m not, but based...
Biden’s Budget Deficit Victory Lap Is Unearned and Unjustified
President Joe Biden is taking victory laps for last year’s reduced budget deficit. No one would be happier than me to see this number fall in a significant way. But the...
Rash Optimism on Social Security’s Solvency
Don’t worry if you get confused reading accounts of the new Social Security Trustees Report. On one hand, you have some articles reporting that this document shows that Social Security will...