The Presidential Solution to Taming the Growing Federal Debt
Only presidential power can tame America's massive federal debt.
If compound interest is the most powerful force in the universe, America is on the wrong side of it. At more than $36 trillion, the federal debt is high and growing faster than we can afford.
Interest alone will cost $1.2 trillion this year, adding substantially more to the debt. Unaddressed, this escalating debt spiral threatens both the financial system and basic government services that millions of Americans rely on.
The crisis stems from congressional incentives, which are no longer balanced by healthy checks from other branches.
Currently, congressional incentives are all geared for immediate local spending and not for long-term national health. Representatives are elected to represent local constituents, not national interest. With hundreds of lawmakers involved, no one can be held accountable for spending. And their short, two-year terms encourage immediate spending over long-term sustainability. Their incentives virtually guarantee budget failure.
Economic Dynamism
Do Dynamic Societies Leave Workers Behind Economically?
We need a more dynamic economy that can help workers by allowing them to move where they can best use their skills.
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Do Dynamic Societies Leave Workers Behind Culturally?
Technological change is undoubtedly raising profound metaphysical questions, and thinking clearly about them may be more consequential than ever.
The War on Disruption
The only way we can challenge stagnation is by attacking the underlying narratives. What today’s societies need is a celebration of messiness.
Unlocking Public Value: A Proposal for AI Opportunity Zones
Governments often regulate AI’s risks without measuring its rewards—AI Opportunity Zones would flip the script by granting public institutions open access to advanced systems in exchange for transparent, real-world testing that proves their value on society’s toughest challenges.
Downtowns are dying, but we know how to save them
Even those who yearn to visit or live in a walkable, dense neighborhood are not going to flock to a place surrounded by a grim urban dystopia.
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AI Needs Consumer Choice, Not Bureaucratic Control
The regulatory approach treats consumer AI as a problem to be solved rather than as another service best left to a competitive, dynamic market to provide consumers with autonomy and choice.
The Start-Up Paradox: The Coming Red Shift in Innovation
Despite London's success, the future of innovation is securely in American hands for the foreseeable future.
