Videos
Industrial Policy: The Case Of Shipbuilding
The United States produces very few ships. China produces many. Why?
November 11, 2026
Richard Epstein argues that the European Union's decision to impose heavy tax penalties on Apple may not be quite the disaster that critics suggest.
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Articles
Is Workers’ Compensation Keeping Pace?
Use the proper benchmark to explore questions of what’s fair.
November 10, 2026
Essays
Limiting Federal Spending Growth to Balance the Budget
Many think that balancing the federal budget would require deep cuts in entitlement programs. This paper shows to the contrary that the budget can be balanced within 15 years through modest and sustained federal spending restraint and moderately higher economic growth. Key to this restraint is to limit the growth in the average future value of entitlement benefits per recipient to today’s level, after adjusting for inflation and rising healthcare costs.
November 10, 2026