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A new section of National Review featuring articles on business, finance, and economics, with the mission of celebrating capitalism and changing for the better the terms of debate over our country's economic future.

31/03/2023

The National Review Institute Ideas Summit 2023 continues as Day 2 gets underway and will feature speakers like:

- Mike Pence
- 2024 GOP Candidate Vivek Ramaswamy
- Andrew Stuttaford
- Rich Lowry
- Kevin Hassett
- Carrie Severino
- And MORE!

We'll be showing the event in its entirety, so thanks for joining us!

30/03/2023

The National Review Institute Ideas Summit 2023 is underway! Today is Day 1 and will feature speakers like:

- Megyn Kelly
- Sen. Tom Cotton
- Former FCC Commissioner Ajit Pai
- Ian Rowe
- Charles C. W. Cooke
- David Bahnsen
- And more!

We'll be carrying the event live in its entirety.

Railroads want this years-long dispute to be over, and independent recommendations are on the table. Some smaller unions...
01/09/2022

Railroads want this years-long dispute to be over, and independent recommendations are on the table. Some smaller unions have accepted, but two of the largest are hesitant.

Three smaller unions have reached a tentative agreement to avoid a strike, but two larger unions are still skeptical.

ESG has created an ecosystem, staffed by people who have an interest, naturally enough, in seeing that the demand for th...
01/09/2022

ESG has created an ecosystem, staffed by people who have an interest, naturally enough, in seeing that the demand for their services increases.

The ESG ecosystem is what it is.

American businesses hardly lack market incentives to make green tech. What they need is regulatory permission.
01/09/2022

American businesses hardly lack market incentives to make green tech. What they need is regulatory permission.

Monkeypox has confirmed that people are smarter and more proactive than government bureaucrats give them credit for.
30/08/2022

Monkeypox has confirmed that people are smarter and more proactive than government bureaucrats give them credit for.

Trump’s trade representative should not be a role model for conservative economic policy-makers.
30/08/2022

Trump’s trade representative should not be a role model for conservative economic policy-makers.

There is not much, if any, convincing empirical evidence that supports the claim that reducing buybacks would spur more ...
30/08/2022

There is not much, if any, convincing empirical evidence that supports the claim that reducing buybacks would spur more capital expenditure or wage increases.

While gasoline and food prices have attracted the public’s attention, something as fundamental as air conditioning is al...
26/08/2022

While gasoline and food prices have attracted the public’s attention, something as fundamental as air conditioning is also becoming more expensive and will continue to do so.

Washington is thus far ignoring its culpability in the rising cost of staying cool.

The proposed Open Apps Market Act threatens consumers as well as American national security.
25/08/2022

The proposed Open Apps Market Act threatens consumers as well as American national security.

The proposed Open Apps Market Act would expose millions of Americans to potential cyber threats.

Contrary to the conventional wisdom, the new law regulating what drug manufacturers can charge will reduce patient acces...
25/08/2022

Contrary to the conventional wisdom, the new law regulating what drug manufacturers can charge will reduce patient access to prescription drugs.

The new law will likely reduce patient access to prescription drugs both in the Medicare and commercial segments.

The commission’s arguments play fast and loose with market definitions to conjure threats to competition where none exis...
25/08/2022

The commission’s arguments play fast and loose with market definitions to conjure threats to competition where none exist.

Like many movements in America’s past, the ESG-investment crusade has taken a reasonable idea and stretched it well beyo...
25/08/2022

Like many movements in America’s past, the ESG-investment crusade has taken a reasonable idea and stretched it well beyond reason.

Instead of throwing away money on wind and solar power, Biden and his fellow Democrats should invest in nuclear fusion, ...
22/08/2022

Instead of throwing away money on wind and solar power, Biden and his fellow Democrats should invest in nuclear fusion, which is much more promising.

Biden’s latest green boondoggle funnels money to known energy losers, while curbing the technologies that could prove truly transformative.

What the Inflation Reduction Act's IRS expansion might entail for the future of federal taxation in red states.
22/08/2022

What the Inflation Reduction Act's IRS expansion might entail for the future of federal taxation in red states.

Where an expanded IRS is likely to focus its efforts and what can be done about it.

The government's decision to shut down PredictIt is a major blow to open and fact-based discourse on matters of public i...
22/08/2022

The government's decision to shut down PredictIt is a major blow to open and fact-based discourse on matters of public interest.

Prediction markets not only provide a treasure trove of free information, they are an alternative to the degrading public discourse.

Here’s the humble reality. Economists have not “solved” recessions, inflation, unemployment, or the business cycle.
19/08/2022

Here’s the humble reality. Economists have not “solved” recessions, inflation, unemployment, or the business cycle.

Prudence demands economic humility, and setting Washington’s finances on a course that can survive normally fluctuating economic variables.

In the first read of Q2 GDP, the housing downturn accounts for virtually all the quarterly decline, and it’s just gettin...
19/08/2022

In the first read of Q2 GDP, the housing downturn accounts for virtually all the quarterly decline, and it’s just getting started. Inflation may be in for a negative shock.

With a soaring dollar, plunging deficits, and surging services consumption, this inflationary surge seems likely to follow an entirely different trajectory.

After two and a half years, independent recommendations on pay and benefits for freight-rail workers are on the table.
19/08/2022

After two and a half years, independent recommendations on pay and benefits for freight-rail workers are on the table.

Independent recommendations on pay and benefits are out, and the two sides have until September 16 to reach an agreement before work stoppages are permitted.

Singapore actually provides a vision — attractive or not — of what a pragmatic form of social democracy looks like in a ...
19/08/2022

Singapore actually provides a vision — attractive or not — of what a pragmatic form of social democracy looks like in a globalized and interconnected world.

There are three main elements of the Singaporean system that allow it to operate, and they demonstrate that the country is far from a free-market paradise.

American prosperity is best served by free markets, not protectionism.
16/08/2022

American prosperity is best served by free markets, not protectionism.

A creative — some say crazy — proposal to bring water to landlocked Tucson may never work, but desalination is the answe...
15/08/2022

A creative — some say crazy — proposal to bring water to landlocked Tucson may never work, but desalination is the answer elsewhere.

Mixed signals from the economy right now raise questions about the future: Are we experiencing a brief pause or the star...
11/08/2022

Mixed signals from the economy right now raise questions about the future: Are we experiencing a brief pause or the start of a major unwind?

If this period feels more chaotic than any in recent memory, it is because many of our previous assumptions are being challenged.

As the unrecognized recession gets worse, the Fed and the Democrats will keep fiddling while Rome burns.
11/08/2022

As the unrecognized recession gets worse, the Fed and the Democrats will keep fiddling while Rome burns.

The IRS should be spending vastly more resources to help people comply on the front end, rather than grinding them into ...
10/08/2022

The IRS should be spending vastly more resources to help people comply on the front end, rather than grinding them into powder on the back end when they don’t.

The agency is in line for an $80 billion boost.

Congress was right to reject a mandate that private insurers cap out-of-pocket spending on insulin. Free-market reforms ...
10/08/2022

Congress was right to reject a mandate that private insurers cap out-of-pocket spending on insulin. Free-market reforms would address the actual causes of rising prices.

If Congress really wanted to expand access to insulin, they could do so tomorrow. But it would require them to give up some of their power.

The U.S. has tried an oil-export ban before. There's no reason to try it again.
09/08/2022

The U.S. has tried an oil-export ban before. There's no reason to try it again.

A ban on oil exports would be yet another perverse policy added to those already hurting American producers and consumers.

For the SEC to continue to pretend that its proposed emissions disclosures are material information for investors means ...
08/08/2022

For the SEC to continue to pretend that its proposed emissions disclosures are material information for investors means that they are doomed to be vacated in court.

It makes no sense for the SEC to take this approach.

Diesel prices have declined to their lowest level since April 18. But does this price drop represent a return to more no...
08/08/2022

Diesel prices have declined to their lowest level since April 18. But does this price drop represent a return to more normal levels, or only a momentary reprieve?

Prices will likely be on their way back up relatively soon.

Many free-market thinkers thought long and hard about the type of moral and cultural ecology most suitable for market ec...
08/08/2022

Many free-market thinkers thought long and hard about the type of moral and cultural ecology most suitable for market economies.

Conservative arguments for markets can’t be limited to technical economics.

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