Casey Mulligan on Prices, Regulation, and the Supply Chain
Economic Dynamism
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.
Political Economy and the Rise of Commercial Humanism
Western attitudes toward commerce have transformed from early moral condemnation to a modern appreciation that sees trade as socially beneficial.
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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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Trump Undermines His Growth Agenda for AI
An innovative ecosystem relies on market-driven capital formation, fast scaling, and wide and ready access to inputs—all of which are undermined by the policies many Republicans now embrace.
There Is No Substitute for Free Trade and Deregulated Markets
The world economy will teeter so long as the U.S. wields its tariff stick.
