Supporters likely mean well. But if you cap what can be paid, you change the incentives for manufacturers, wholesalers, pharmacies, and insurers. The “seen” is a headline claiming lower prices. The ...

Peter Robinson is the Murdoch Distinguished Policy Fellow at Stanford’s Hoover Institution, the host of Uncommon Knowledge, ...

A reflection on how ordinary labor creates monuments and how today's administrative machinery turns everyday tasks into state cruelty.

In finance, a free lunch symbolizes unattainable risk-free profit. Discover what the concept means and how it relates to getting services free of charge.

As leaders, we need to move away from the myopic and instead focus on the lifetime value of our talent as part of a broader strategic initiative.

Today, the Boston Globe  published my article, "Trump's New Tariffs are Another Dangerous Presidential Power Grab" (non-paywall link here).

Marxist Peruvian President José María Balcázar announced Monday that free market economist Hernando de Soto would serve as ...

Maximizing shareholder value is a political and moral choice — not a law of physics. AI is forcing us to reckon with that.

Positive economics is a fact-based analysis of what is occurring in an economy, without making prescriptions of what should or should not be happening.

Trump has tried to reconstitute his tariff power by reinstating most of his sweeping tariffs using a 1974 law. If allowed to stand, this would undermine the constitutional system almost as much as the ...

Keynesians claimed that stagflation—rising price levels and increasing rates of unemployment—couldn’t happen. Then it ...

From the column: "On most issues, Trump has not turned America around, and his policies leave much to be desired for ...