Other nations are busy expanding commercial ties, as the U.S. economy is increasingly isolated. By Phil Gramm and Donald J. Boudreaux Dec. 8, 2025 3:49 pm ET The 1930 Smoot-Hawley tariffs helped bring about a global depression. Nothing of the sort has happened in the wake of President Trump’s “Liberation Day”...

The growth of industry disrupted old economic patterns but produced undreamed-of wealth. By Phil Gramm and Michael Solon Nov. 2, 2025 4:05 pm ET Most speculation about artificial intelligence has focused on its potential to kill jobs and on the policies that government might implement to control AI and cushion workers...

By Michael Solon Published Oct. 29, 2025, 11:20 a.m. ET Redistricting fervor is gripping our states’ capitals, as red states and blue states one-up each other in a mid-decade battle to redraw congressional lines. When red Texas and Missouri unveiled redistricting plans in recent months, blue states retaliated. Californians are voting on Proposition 50, a measure...

If Democrats get their way, pandemic spending will become permanent and bankruptcy will get closer. By Michael Solon Oct. 5, 2025 4:17 pm ET For Democrats in Washington, the pencils all lack erasers and none of the calculators have a minus button. It’s always addition, never subtraction. The Biden-Schumer-Pelosi spending surge...

America has a choice to make: Do we go back to the policies of Ronald Reagan or of Herbert Hoover? By Phil Gramm and Donald J. Boudreaux Sept. 25, 2025 5:30 pm ET Since President Trump announced “Liberation Day” in April by imposing the highest average tariff rates in 90 years,...