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The Latest Breaking News from Scott Lincicome

The Jones Act Is Driving Up Prices and Making Crises Worse

The legislation, which forbids shipping anything between American ports in ships that are not U.S. built and crewed, is just another a special deal that one industry has scammed out of Congress.

Reason

The Government Hasn't Learned a Thing From the Baby Formula Shortage

With the FORMULA Act soon to expire, the U.S. baby formula market is about to return to the conditions that left it so vulnerable to a shortage in the first place.

Reason

Bankrupt Crypto Exchange FTX Under Investigation

Plus: Democrats retain control of Senate, RIP Sharon Presley and Martin Wooster, and more...

Reason

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read the most diverse news in one place.

Buy American Falls Short on U.S. EV Production and Risks a European Trade War

The Buy American program, used to encourage the buying of American made electric vehicles, not only limits access to EVs but risks a trade war with the E.U.

Reason

Alexandria Ocasio-Cortez Claims Elon Musk Is Targeting Her Twitter Account

Plus: Congress remains too cautious about marijuana, myths about independent contractors, and more...

Reason

Somebody in the Shipping Industry Wants Opponents of the Jones Act Charged with Treason

There’s nothing patriotic about a law lining the pockets of cargo companies at the expense of consumers.

Reason

Biden's New Industrial Policy Will Fail, Just Like Industrial Policy Always Fails

While campaigning for the midterm election, the president is promoting a disastrous and expensive form of economic protectionism.

Reason

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Federal Bureaucrats Say We Can't Reschedule Marijuana Because of How It's Scheduled

Cannabis has long been classified as having "high potential for abuse" and "no currently accepted medical use." That makes it harder to study and, therefore, harder to reclassify.

Reason

Biden has $52 billion for semiconductors. Today, work begins to spend that windfall

President Biden is touting new semiconductor investments in New York today. Back at the White House, a new team is meeting with cabinet members to work out how to spend $52 billion from Congress.

WEKU

How Bad Government Policy is Fueling the Infant Formula Shortage

Trade restrictions and over-zealous FDA regulation are a big part of the problem, but there's more.

Reason

America's Trade and Regulatory Policies Have Contributed to the Baby Formula Shortage

Why do we have tariffs on imported formula in the middle of a shortage?

Reason

Problems With the Supply Chain Began Before the Pandemic. Here's What Biden Can Do About It.

Protectionist policies stymie trade and make Americans poorer.

Reason

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