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Jeffrey Miron Many prosecutors run on reform platforms, which advocate lessened charges for low-level offenses. New research uses variation in the timing of when...
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Editor's Pick
Clark Neily Earlier this week, the Securities and Exchange Commission quietly repealed a self-servingly speech-suppressing policy it had maintained for more than 50 years: the so-called...
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Nicholas Anthony America is celebrating its 250th anniversary, but President Trump has forgotten the Constitution. The Bank Secrecy Act is one of the biggest...
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Ryan Chan-Wei On May 14, the Senate Banking Committee voted 15 to 9 to advance the Digital Asset Market Clarity Act (CLARITY Act), with...
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Andrew Gillen After years of political fights over excessive student loan debt, there is a new, surprising twist. Twenty-five states with a Democrat governor...
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Dan Greenberg Earlier this week, President Trump’s pressure campaign accomplished a long-time goal: Colorado Governor Jared Polis commuted the sentence of Tina Peters, a...
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Solveig Singleton The Consumer Financial Protection Bureau (the Bureau) regulates banks and other financial services. The Dodd-Frank Act gave the Bureau the power to...
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Marcos Falcone On May 15, the Cato Institute hosted a policy forum titled “Has the Time Come for Dollarization in the Americas?” featuring John...
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Matthew Cavedon Last week, I blogged in support of reviving private criminal prosecutions. The state’s monopoly on bringing criminal charges arose late historically and...
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Michael F. Cannon (Source: Jfinch, Wikimedia Commons) Suppose Congress funds Social Security entirely by taxing the wealthy, who would never spend money in a...