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The Wall Street Journal recently reported that the number of people in the U.K. with a net worth of £1 million or more has declined by 7% since 2024. The drop is attributed to slow British economic growth and high taxes that have driven away some individuals to...

I didn’t know what to make of this story after I read it in the Washington Post. In January 2021, Daniel Grand, an Orthodox Jewish man, sent email invitations to about 12 of his friends to come to his house in University Heights, Ohio, for a Shabbat minyan. A minyan...

Proponents of supply-side economics argue that tax cuts spur economic growth, which translates to increased government revenue. They say this ultimately helps to reduce budget deficits. Critics counter that in practice, the concept rarely delivers its advertised...

It is no secret that the Democratic Socialists of America (DSA) is completely disenchanted with capitalism. Recently, the group unveiled a program that included a number of prescriptions to address specified socioeconomic and political problems. The DSA says it is...

Leopold Aschenbrenner graduated from Columbia University as valedictorian of his class in 2021 at the age of 19. A math whiz, he worked briefly at the AI firm OpenAI before publishing his 165-page June 2024 treatise, “Situational Awareness: The Decade Ahead.” The...

There are people who say that “every billionaire is a policy failure.” These critics argue that extreme wealth concentration is a sign of the ineffectiveness of current tax systems. They want governments to introduce more robust redistributive policies to reduce...