California Gov. Gavin Newsom is upset with Texas. There's a reason he should be upset. California companies are pulling up in droves and moving to the Lone Star State and elsewhere. But that isn't what's bothering him. Newsom cares about politics and power, not markets and business. He's ...

This time last year, I struggled with my New Year's resolution to go to the gym. This year I have made significant progress. I am going to the gym on a semiregular basis. And by "semiregular," I mean that I go often enough that I actually remember where it's located between visits. The bad ...

When debating current issues, it's helpful to avoid inaccurate depictions of past policy, especially on immigration, in which both opponents and advocates of President Donald Trump's policies have views based on not altogether accurate renditions of the past. Many opponents of Trump's policies ...

I live in New York City. "Proud Democratic Socialist" Zohran Mamdani is likely to be my next mayor. I'm not happy about it. But I am outnumbered. Mamdani is popular. He won more primary votes than any other candidate in the city's history. Minneapolis may also elect a socialist mayor. Why?! ...

Here's a clue that the off-year elections in November 2026 may not go the way conventional wisdom suggests. That conventional wisdom is that the president's party almost always loses the House and, slightly less often, Senate seats. There are two structural reasons for this. One is that ...

Having extended most of the 2017 Tax Cuts and Jobs Act and added even more tax breaks, Congress is once again punting on the central fiscal question of our time: What kind of government do Americans want seriously enough to pay for? Yes, the Big Beautiful Bill avoided a massive tax increase ...