You can't tax your way to prosperity by taxing the people who create it. California's proposed wealth tax would drive away the very investment, businesses, and entrepreneurs that keep its economy growing. If you want a stronger economy, stop punishing success and let people build wealth.
Stanford economists say California's proposed 5% wealth tax could cost the state $38.9 billion in lost revenue. Democrats never seem to learn: Wealth taxes simply redistribute existing capital by discouraging the investment, entrepreneurship, and risk-taking needed to create more.
nationalreview.com/2026/10/c…
Missouri is making the same mistake we’re seeing across the country: treating innovation like a loophole that needs to be closed.
Prediction markets are a new financial product, not a sportsbook with better branding.
Let entrepreneurs compete. Let consumers choose. Stop trying to regulate every new idea into the old system.
fox2now.com/news/missouri/ka…
The Senator sounded the alarm on Frontier–Spirit.
Then she opposed JetBlue–Spirit.
Regulators blocked that deal to “preserve competition.”
Now Spirit is gone.
So maybe before sounding the same alarm over DoorDash–Instacart, it’s worth remembering what “saving competition” looked like last time.
The Market Institute retweeted
Donut Stop Innovating: Thanks to 300+ people and over 30 Congressional offices who stopped by CIP’s Advocacy food truck to celebrate National IP Month.
If a “monopoly” keeps making things faster, cheaper, and easier for consumers, maybe the problem isn’t Amazon. Maybe it’s an antitrust framework that treats success itself as suspicious.
For people who remember ordering by phone or mail in the 1970s and 80s, the eventual experience with Amazon in the 1990s was a bit miraculous. 4-6 week waits after mail orders shrunk to two days after clicks on books offered on Amazon. And then the inventory qualities of it: books out of print that were formerly ordered by mail, or luckily found in used book stores were suddenly available with ease. Fast forward to the present, and two days is rapidly being replaced by several hours. For some, delivery is near instantaneous as drones increasingly become a thing. Despite constant and relentless improvements, the FTC to this day views Amazon as an "illegal monopoly." If so, it seems only Amazon knows it's not judging by the endless lengths it goes to for its customers. realclearmarkets.com/article…
Mergers and acquisitions aren’t evidence of corporate wrongdoing. They’re how businesses scale, compete, cut costs, and invest.
If DoorDash broke wage laws, enforce the law. But “they have money for an acquisition” is not an antitrust argument. It’s a political talking point.
Just last month, DoorDash couldn’t seem to find the money to pay their deliveristas — until our administration forced them to give back $131M+ in stolen wages and penalties.
This week, they’ve managed to find $17 billion to acquire one of their main competitors.
Corporate consolidation means higher prices, harsher exploitation, and greater economic inequality for New Yorkers.
We’ve stood up to these giants before. That doesn’t stop now.
The Utah AG's crackdown on Kalshi is getting harder to dress up as “consumer protection.”
His campaign also took $50,000 from Las Vegas Sands and $20,000 from Kalshi competitors.
And nothing says “consumer protection” quite like protecting the guys who wrote the checks.
sltrib.com/news/2026/10/29/u…
This is what happens when you let markets innovate.
S&P Dow Jones is building with Kalshi while politicians in some states are still trying to regulate prediction markets like they’re slot machines. They’re already behind.
S&P Dow Jones Indices and Kalshi are joining forces to build the next generation of financial markets.
The Dow launched in 1896. The S&P 500 in 1957. The idea was simple: bring individual stocks together into a single benchmark, giving people a clearer view of the broader market.
Over time, products built around those benchmarks transformed investing. Index funds, ETFs, futures, and options gave investors ways to gain diversified market exposure and hedge broad market swings.
These indices became foundations of global finance. More than $20 trillion is indexed or benchmarked to the S&P 500 alone.
Today, this structure extends beyond stocks to bonds, commodities, currencies, and more.
The next step is to bring that structure to the events that shape everyone’s lives.
Through this partnership, S&P Dow Jones Indices and Kalshi will work together to create indices composed of Kalshi event contracts.
Think about what that opens up.
An index of political power. An index of supply chain risk. An index tracking AI’s impact on employment. An index of sports outcomes that affect broadcasters, advertisers, cities, and small businesses. An index of weather risks that shape harvests, energy demand, and business revenues.
Each would bundle event contracts into a single indicator, helping people understand how related risks are evolving.
Over time, products built around these indices could offer diversified exposure to those events and new ways to hedge their impact.
The events that shape our lives could become as easy to track and gain exposure to as the S&P 500.
The Market Institute retweeted
"The argument from casinos is that if they have a regulatory baseball bat hanging over their heads, then prediction markets should too. This is wrong on its face, simply because prediction markets aren’t casinos setting the odds," writes @CharlesSauer from @MarketInstitute. More via @rc_markets: realclearmarkets.com/article…
The Market Institute retweeted
In a September letter signed for SPPI by @pmbrenner91, a coalition asked the @FTC to define personalized pricing narrowly, "as a price set for one consumer from that consumer's own data."
It argues for "case-by-case evidence, not presumptions."
southwestpolicy.com/sppi-joi…
Prediction markets aren’t sportsbooks.
There’s no house setting the odds. Buyers and sellers set the price, information moves fast, and the market tells you what people actually think will happen.
That’s not a loophole. That’s a free market.
wsj.com/opinion/when-is-a-sp…
Brazil is importing Europe’s regulatory playbook while opening its digital infrastructure to Beijing. American companies face new hurdles as Chinese firms gain ground.
That’s a troubling definition of “digital sovereignty.”
Under Lula, Brazil authorized a CCP satellite constellation, shifted its spectrum policy to favor Huawei, and embraced ByteDance’s enormous data-center project in Ceará.
Lula’s narrow victory deepens those ties and allows a larger CCP presence.
My latest in @RealClearWorld 👇🏻
The laziest policy in Washington — and increasingly in the states — is simple:
See something new. Regulate it.
Prediction markets. Data centers. Tech. College sports.
Populism from the left and right keeps arriving at the same destination: bigger government.
Innovation needs fewer roadblocks, not better excuses for building them.
realclearmarkets.com/article…
Nobody looks at Shohei Ohtani and says, “That roster spot should’ve gone to an American.”
The same logic applies to engineers, scientists, and entrepreneurs. Importing exceptional talent makes America stronger, not weaker.
reviewjournal.com/opinion/co…
A biotech policy that ends up delaying cures is a bad trade. Washington should target real security threats without cutting American innovators off from the capital, partnerships, and research needed to get new treatments to patients.
Treasury recently issued a proposed rule that would restrict U.S. biotech investments in China and other countries of concern. The proposal is meant to protect national security, but it could backfire — giving Chinese biotech firms a competitive edge while denying American patients access to promising new treatments.
Read more: pacificresearch.org/pri-warn…
















