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A Discount Moonshot?

NASA is working on a plan to return to the moon by 2024 at a cost that’s expected to exceed $50 billion. But according to Politico’s Bryan Bender, former House Speaker and noted lunar enthusiast Newt...
Trump Reportedly Wants to Buy ... Greenland?

$100 Million: That’s how much President Harry Truman offered Denmark to purchase Greenland back in 1946, a deal the Danes turned down. According to a Wall Street Journal report Thursday, President...

IRS Budget Cuts Led to Billions in Lost Corporate Tax Revenue: Study

IRS budget cuts are costing the U.S. government substantially more in tax collections than they save, according to a new study highlighted by USA Today . Researchers at the Indiana University Kelley...
Chart of the Day: The Explosive Growth in Health Care Overhead

Administrative overhead has grown enormously in the U.S. health care system over the last 50 years, as this chart from Uwe Reinhardt’s final book suggests. The Princeton economist, who died in 2017,...
Why Americans Won't Vote for Carbon Taxes

Earlier this year, dozens of well-known economists backed a proposal to use a carbon tax as part of the federal policy response to global warming. Carbon taxes are generally popular with policy wonks...
Why the US Should ‘Borrow Gobs of Cash’ Right Now

Investors worried about the health of the global economy continued to scramble to the safety of U.S. bonds on Thursday, driving the yield on 30-year U.S. Treasury bonds below 2% for the first time...
A $1 Trillion Deficit Is Bad. The Reality Is Much Worse.

President Trump’s signing of a two-year budget deal earlier this month may have averted the chances of another government shutdown before the 2020 election, but it certainly added to the exposure of...