Earlier this summer, ProPublica released a so-called bombshell report with income tax data leaked from the Internal Revenue Service. The report showed how little America’s twenty-five richest families paid in effective tax rates compared to the average American. How they paid so little was no surprise to anyone who has worked with high-net-worth individuals…
Read MoreAmerica’s third-largest company by market capitalization has filled the shoes of predecessors like Standard Oil, Sears, and General Electric as an epoch-defining corporation. Indeed, offering enhanced consumer convenience, Amazon now defines an entire way of life. Amazon’s profits soared nearly 200 percent last year as its national fulfillment infrastructure and rapid Prime delivery serviced a lockdown-stricken and home-confined populace. But in spite of its achievement of seamless logistics, Amazon’s dramatic surge has been neither victimless nor costless…
Read MoreThe first recorded case of Covid-19 in the United States was reported on January 20, 2020—a person who traveled from Wuhan, China, to Washington State. As the virus spread across the country, global supply chains that are usually invisible suddenly became highly visible. News headlines tracked a surge in demand for personal protective gear for…
Read MoreThe writing is on the wall—or, rather, the doors. Following the failed passage of $2,000 stimulus checks in early January 2021, the two most powerful members of Congress found their homes vandalized. “Were’s [sic] my money” was spray-painted on Senate majority leader Mitch McConnell’s front door in Kentucky. In San Francisco, Nancy Pelosi’s garage door…
Read MoreCalls for an American industrial policy have attracted support across the political spectrum.1 While proponents on the left see value in righting the wrongs of inequality and climate change,2 proponents on the right are most alarmed by the rise of China as a strategic competitor.3 Arguments over a U.S. industrial policy are not new. But…
Read MoreA conversation on internet platform policy and economics hosted by American Affairs and American Greatness, featuring panelists Mark W. Koran, Minnesota State Senate (R-32); Blake Masters, Thiel Capital; Fiona McFarland, Florida House of Representatives (R-72); and J. D. Vance, Narya Capital…
Read MoreLate last year, British trade minister Liz Truss caused a stir with a speech that pinned the failures of the British education system on “postmodernist philosophy,” which, she said, “puts societal power structures and labels ahead of individuals and their endeavours.” Due to the influence of such views, she went on, students learn about racism…
Read MoreThe word “grifter” seems to be on the tip of everyone’s tongue today. On the left, grifters are identified and called out with ever-increasing paranoia. On the right, the term is thrown around with almost equal ease, and often with good cause. The grifter is a threat to every movement; he lurks in every shadow.…
Read MoreThe surprising success of the Trump 2020 campaign in the face of unprecedented circumstances poses some thorny questions: Did any of his “populist” promises in 2016 actually matter? Where was the discussion of mass immigration, his trade war with China, declaring peace with the social welfare state, and using the pandemic economic response…
Read MoreIt says something about Donald Trump’s presidency that it is difficult to distinguish his final days in office from his final days on social media. He was the tweeting president, the man of all-caps missives who battled mainstream media and communicated directly, often wildly, to the public through social media. Whatever one thinks of Trump…
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