Biden’s minimum wage proposal would prolong pandemic pain

Throughout the COVID-19 crisis, America’s planning class has relied on a predictable mix of so-called stimulus and monetarist tricks to curb the pain of economic disruption. Such heavy-handed interventionism has long been misguided, but for many, the government’s efforts have not gone far enough. Continue Reading...

Deutsche Bank’s work-from-home tax is economic insanity

As if 2020 could not get any worse, this week intellectuals unleashed another pandemic: a new proposed tax. Deutsche Bank suggested that the government lay a 5% “privilege” tax on employees who work from home, on the grounds that they “disconnect themselves from face-to-face society.” Continue Reading...

COVID-19’s entrepreneurial creativity

The “new normal” of the COVID-19 pandemic has settled in and, with it, a new host of challenges. Businesses have adapted to the changing needs and desires of individuals in creative ways, sometimes radically changing their products, structures, and strategies. Continue Reading...

The forgotten child: Pandemic policies are leaving kids behind

The COVID-19 pandemic has claimed many victims, from the millions who have contracted the virus directly to many others who continue to endure its social and economic disruptions. The suffering has been particularly acute for the children who continue to be confined at home, whether struggling to adapt to remote-learning regimens or remaining mysteriously absent altogether. Continue Reading...

COVID-19 and crony capitalism

Who wins in the COVID-19 economy? In some cases, outright fraud allows businesses to prosper. In other cases, political connections enable businesses to collect revenue from the federal government. Crony capitalism is defined by the Mercatus Center as “an economic system in which the profitability of firms in a market economy depends on political connections.” Continue Reading...