WSJ: George Bailey Saw the Miracle of Capitalism

The world owes its wealth to the likes of the thrifty lender, but today’s youth are tempted to give it all up. By Phil Gramm and Mike Solon Dec. 23, 2019 6:47 pm ET Frank Capra’s “It’s a Wonderful Life” rose from commercial failure after its 1946 release to Christmas fixture...
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WSJ: The Truth About Income Inequality

The census fails to account for taxes and most welfare payments, painting a distorted picture. By Phil Gramm and John F. Early Nov. 3, 2019 3:43 pm ET Never in American history has the debate over income inequality so dominated the public square, with Democratic presidential candidates and congressional leaders calling...
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WSJ: Big Bad Trusts’ Are a Progressive Myth

Today’s tech titans, like yesterday’s industrial giants, will diminish in time thanks to competition. By Phil Gramm and Jerry Ellig Oct. 2, 2019 6:49 pm ET The resurgence of progressivism in America has brought growing support for a return to Progressive-era trustbusting. Sen. Elizabeth Warren has a plan to break up...
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WSJ: How to Balance the Budget—Again

A GOP Congress and a Democratic president struck an unlikely deal in 1997. It succeeded. By Michael Solon Aug. 4, 2019 5:48 pm ET The budget deal between the president, the Democratic House and the Republican Senate eliminated the risk of debt default, government shutdown and a spending sequester for...
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