Editor's Pick
Jeffrey Miron To moderate economic downturns, [g]overnments frequently issue stimulus payments .… Economic theory suggests [such]… payments should be timely, targeted, and temporary, but...
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Brilliant Achievement
- Investing
The Trump Executive Order Is a Good Step for AI Policy
Fiscal Policy Is Raising Costs for American Families
The FY2026 National Defense Authorization Act Cannot Have the Last Word on US Posture in Europe
The Quiet Way the Fed Is Creating a Coin Shortage
Europe Won’t Centralize Vaccine Policy—Washington Didn’t Get the Memo
- Editor’s Pick
The Trump Executive Order Is a Good Step for AI Policy
Fiscal Policy Is Raising Costs for American Families
The FY2026 National Defense Authorization Act Cannot Have the Last Word on US Posture in Europe
The Quiet Way the Fed Is Creating a Coin Shortage
Europe Won’t Centralize Vaccine Policy—Washington Didn’t Get the Memo
Editor's Pick
Jennifer Huddleston On December 11, 2025, President Donald Trump issued an Executive Order on “Ensuring a National Policy Framework for Artificial Intelligence.” The order...
Editor's Pick
Dominik Lett Pictured left to right: Romina Boccia, Adam Michel, Dominik Lett, and Michael Cannon. On December 11, the Cato Institute hosted a Hill briefing on...
Editor's Pick
Katherine Thompson Nestled within this year’s National Defense Authorization Act (NDAA) is an attempt to severely constrain President Trump’s ability to decrease US posture, basing,...
Editor's Pick
Nicholas Anthony The end of the penny was a long time coming. Yet, the Federal Reserve is causing unnecessary harm by refusing to distribute...
Editor's Pick
Jeffrey A. Singer Recent press reports state that Health and Human Services Secretary Robert F. Kennedy, Jr., is considering having the US Centers for...
Politics
With employment fundamentals so weak, the real way to increase home sales is to cut prices further. That, of course, is not what sellers...
Politics
Financial bubbles, which used to be rare, have become a way of life, thanks to a quarter century of easy money policies from the...
Politics
There have been four gold busts under the fiat dollar money regimes since the “freeing” of the gold price in March 1968. Will the...
Politics
Bob explains Lerner’s Symmetry Theorem and shows how tariffs ripple through exchange rates, exports, and trade balances—then tests those predictions against today’s Trump-era tariff...
Politics
The people of Iran suffer not only from authoritarian rule, but they also are victims of an economy in which the authoritarian rulers engage...
Politics
Bankers will be bankers, and AI can only add to their hubris.