The World War II Lesson for DOGE
A Trump revolution is poised to unleash the innovative and productive power of the private sector, transforming the federal government. If it happens, Americans will witness the most significant change in the operation and philosophy of governance in 120 years. Fortunately, the precedent for this kind of transformation occurred more than 70 years ago, when American private industry mobilized to win World War II.
Continue reading the entire piece here at The Wall Street Journal (paywall)
Arthur Herman is a senior research fellow at the Civitas Institute and a senior fellow at Hudson Institute where his research programs analyze defense, energy, and technology issues.
Economic Dynamism
The Causal Effect of News on Inflation Expectations
This paper studies the response of household inflation expectations to television news coverage of inflation.
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The Rise of Inflation Targeting
This paper discusses the interactions between politics and economic ideas leading to the adoption of inflation targeting in the United States.
The Housing Crisis
Soaring housing costs are driving young people towards socialism—only dispersed development and expanded property ownership can preserve liberal democracy.
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America Needs a Transcontinental Railroad
A proposed merger of Union Pacific and Norfolk Southern would foster efficiencies, but opponents say the deal would kill competition.
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Trump's Troubling Economic Turn
How far will current economic regulations go in the Trump White House?
The Poverty of Vanceonomics
At the core of Vanceonomics is a preferential option for government intervention.
