The observation that tariffs cannot replace the income tax is not new. Several experts have made the same point. The math is straightforward: We cannot replace the income tax with tariffs.

Housing has long been a cornerstone of the American dream and the nation’s economy, but a supply–demand imbalance has pushed the U.S. market into crisis, driving up prices and limiting workforce ...

About fifteen years ago, I participated in some war games about the possibility of an attack on Iran, not unlike what now unfolds. I was on the Iran team. Our goal was to stymie the U.S. and Israeli ...

U.S. envoys and Iranian diplomats had met several times in Muscat, Oman, and Geneva, Switzerland to try to hash out a deal over Iran’s nuclear program. Some Iranian officials even claimed there had ...

The Trump administration is pursuing a range of economic policies that are all too likely to offset the benefits AI companies might derive from the less burdensome regulatory and tax environment that ...

Since Donald Trump took office in 2017, I have offered annual lists of the best and worst things the president did each year — a tradition I continued for Joe Biden. Now, once again, I’m keeping tabs ...

The combination of increased use and collateral health effects of recreational marijuana raises the questions of how government should educate the public and whether it should discourage or limit ...

Hundreds of “No Kings” rallies were held across the United States in October. They could just have easily been called “No Trump” rallies. President Donald Trump wants to be a king, the marchers assure ...

In the spring of 2000, E.D. Hirsch Jr. published an essay in American Educator titled “You Can Always Look It Up—Or Can You?” It’s one of those pieces that distills a lifetime of insight into a few ...

Unless the Senate passes legislation that reopens the federal government within the next few days (or the courts intervene), 22 million households containing 42 million individuals (approximately 12 ...

The economics of this competition are even more striking. Founded in 2016, China’s robotics champion, Unitree, now sells its G1 humanoid robot for $16,000 —about one-tenth the cost of comparable ...

Immigrants have an overall positive fiscal impact on the US—an effect driven by high-skilled immigrants. Low-skilled immigrants, like their US-born counterparts, impose a net fiscal cost. However, ...