Warren’s Attack on Private Equity Industry Isn’t Just Bad for Wall Street, It’s Bad for Main Street

Politico reports that progressive Democrats are set to “crack down” on the private equity industry, with Sen. Elizabeth Warren, D-Mass., likely to reintroduce her 2019 Stop Wall Street Looting Act. Warren has said: “For far too long, Washington has looked the other way while private equity firms take over companies, load them with debt, strip them of their wealth, … Continue reading Warren’s Attack on Private Equity Industry Isn’t Just Bad for Wall Street, It’s Bad for Main Street

Bloomberg Article Misleads by Omitting Key Detail about Economists Surveyed on $15 Minimum Wage

Bloomberg News recently ran a profile of Arin Dube, a Professor of Economics at the University of Massachusetts, Amherst. The story is a powerful one. It explores how Dube went from a 16-year-old burger flipper earning $3.85 at a McDonald’s in Seattle to a leading authority on the minimum wage. With federal legislation proposed to … Continue reading Bloomberg Article Misleads by Omitting Key Detail about Economists Surveyed on $15 Minimum Wage

Study: Lockdowns Had Largest Impact in Destroying Economic Activity

The world may be nearing the end of the coronavirus pandemic (at least we can hope), but the post mortems are just beginning. A new paper from the National Bureau of Economic Research found important correlations between sales losses and lockdowns across counties in California. Economists Robert W. Fairlie and Frank M. Fossen used state … Continue reading Study: Lockdowns Had Largest Impact in Destroying Economic Activity

At‐​Home Self‐​Administered COVID Tests Without a Prescription May Finally Be Available–It Didn’t Have to Take This Long

The FDA requires people to get a prescription from a health care practitioner in order to purchase the test to self‐​administer at home. And providers are instructed to give a prescription only to patients who are symptomatic.

Schumer Is Wrong About Debt. Congress Must Take Debt Danger Seriously, Not Spend Recklessly.

The combination of unified control of the federal government along with the COVID-19 pandemic has seemingly caused some elected officials to think there are no consequences to new spending proposals. However, they must wake up to the dangers posed by recklessly adding to the national debt. On Thursday, Majority Leader Charles Schumer, D-N.Y., exemplified this … Continue reading Schumer Is Wrong About Debt. Congress Must Take Debt Danger Seriously, Not Spend Recklessly.

Biden, Section 230, and the Response to Political Extremism

Last year, Biden called for Section 230 of the Communications Decency Act to be revoked. The law, which Biden voted for in 1996, protects interactive computer services from being held liable for the vast majority of third party content. In recent years, the law has become a popular target of conservative lawmakers, who allege that the largest social media … Continue reading Biden, Section 230, and the Response to Political Extremism

Amid COVID-19 closures, House Republicans Offer 6 School Choice Bills

The Republican Study Committee plans to introduce six school choice measures in the House on Thursday in response to the ongoing coronavirus pandemic, which has shuttered schools across the country.  “These [committee] members recognize that if Congress had placed a greater emphasis on school choice, parents and students could’ve been freer to avoid the debacle … Continue reading Amid COVID-19 closures, House Republicans Offer 6 School Choice Bills