S. T. Karnick

S.T. Karnick is the director of publications, a research fellow for The Heartland Institute, and the managing editor of Budget & Tax News.

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Economy Slows Drastically

U.S. economic growth slowed to a 2 percent annual rate in the third quarter of the year, the federal Bureau of Economic Analysis reports: Q3 2021 (adv) +2.0% Q2 2021 (3rd) +6.7% Real gross domestic product (GDP)...

Moving Beyond the Limits of School Choice

Writing at Law & Liberty, Boise State University political science professor Scott Yenor posits that school choice won't suffice to root out corruption in the nation's K-12 education system. "School choice advocates are...

Positive Economic News Continues

The economic news is positive once again and likely to continue next week. The Week That Was Most economic indicators confirm the economy experienced a sharp acceleration in March. Moreover, soaring new orders indicate...

Leftists Succeeding in Rewriting U.S. History Curricula

Heartland Institute Policy Advisor Sandra Stotsky recently spoke about the current movement to replace the traditional teaching of American history with a progressive-Left  concentration on race and gender. Stotsky, a former senior associate...

The State Versus the American Culture

(This article was originally published in the December 2020 issue of Chronicles, A Magazine of American Culture. Republished with permission.) Prominent figures on the intellectual and political right are increasingly questioning the superiority...

The Greatness of Walter Williams

The free-market movement and American discourse in general suffered a great loss today with the death of economist and columnist Walter Williams.

U.S. Economy Surges in Third Quarter, Smashing Previous Record

The U.S. economy grew by an annual rate of 33.1 percent in the third quarter of the year, the U.S. Bureau of Economic Analysis reported today. The growth in the economy in July through September was greater than the record-breaking 31.4 percent decline in the second quarter. The quarterly growth nearly doubled the previous post World War II high of 16.7 percent in 1950.

Study: Proposed Illinois “Fair Tax” Would Wreck State’s Economy

The proposed Illinois “Fair Tax” would reduce the state’s economic output, cost 566,000 jobs, reduce housing values, and drive 1.4 million people to leave the state, a new study finds.

Facebook, Twitter in Legal Crosshairs After Biden Article Suppression

Social media giants Facebook and Twitter yesterday suppressed a New York Post story about a 2015 email in which Burisma executive Vadym Pozharskyi allegedly thanks Hunter Biden for setting up a meeting...

Atlanta Fed Forecasts Even Bigger GDP Growth for Third Quarter: 34.6 Percent

Yesterday we reported that economists were estimating third quarter U.S. economic growth at 32 percent. The Atlanta Federal Reserve Bank has revised that upward, to 34.6 percent. The forecast for business investment for...

S. T. Karnick

S.T. Karnick is the director of publications, a research fellow for The Heartland Institute, and the managing editor of Budget & Tax News.

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