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The High Cost of California’s Green Energy Policies
California can only prosper if it can develop affordable, reliable energy from all sources, including the state’s fossil fuel supplies.
Since the early 2000s, governors and legislators from both parties have signed onto a climate agenda in California that is making energy steadily unaffordable.
Gasoline in California, according to AAA, which tracks national gas prices daily, costs an average of about $4.78, compared with $3.16 nationally. The cost of electricity in the state is now the highest in the continental U.S., at 30.22 cents per kilowatt hour.
You might want to blame the discrepancies on greed — Big Oil practicing price gouging, as Gov. Gavin Newsom has suggested, and utilities lining their shareholders’ pockets. But at the pump and on your light and power bill, California’s high energy prices are better understood as a self-inflicted wound, traceable to the state’s quixotic green energy policy.
Economic Dynamism

Partisan Trust in the Federal Reserve
This paper examines partisanship in public perceptions of the Federal Reserve.

The American Dream Is Not a Coin Flip, and Wages Have Not Stagnated
This paper challenges the prevailing narrative that stagnant wages are causing the American dream to fade. It contrasts subjective public opinion with revised objective intergenerational mobility measures.
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A Bad Business on the Bayou
Chevron finds itself the victim of a political alliance between the tort bar and Louisiana Republicans.
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Congress Must Shield US Companies from European Regulations
Congress should exercise its constitutional powers over foreign commerce to guard American companies against overregulation by the European Union.
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Did 'China Shock' Throw Millions of Americans Out of Work?
The decline in manufacturing employment began long before the China Shock, NAFTA, President Trump's decrying of the trade deficit in the 1980s, and the trade deficit itself opening up in the 1970s.

Assessing Trump's "Skinny" Budget
Trump's budget seeks some $163 billion in cuts, but it spares entirely the welfare programs on which his base depends—Medicaid, Medicare, and Social Security— all of which need desperate reform.