Les Rubin

Les Rubin is the founder and president of Main Street Economics.

Capitol building with falling money

Opinion

50 mins ago

Washington is driving America toward a debt crisis we can't ignore any longer

US debt nears $40 trillion with $86 trillion in unfunded Social Security and Medicare obligations, echoing an old warning about democracy.

Members of the Democratic Socialists of America gather outside a Trump-owned building in New York City.

Opinion

August 10, 2026

Capitalism is about incentives. Stopping the stupidity of socialism is a big incentive

Friedrich Hayek's 'The Road to Serfdom' warns how central planning erodes individual freedom, and its lessons about incentives remain urgent today.

Founding Fathers

Opinion

July 31, 2026

John Adams made a terrifying prediction. America is close to proving him correct

America's national debt approaches $40 trillion as annual deficits add trillions more, yet Washington takes no meaningful action on this fiscal crisis.