Politics
Margaret Thatcher’s famous quote spells doom for new socialist schemes, “The problem with socialism is that you eventually run out of other peoples’ money.”
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Politics
Entrepreneurs, prices, and profit-and-loss coordinate the division of labor that makes prosperity possible.
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Scott Lincicome In my latest Bloomberg column, I explore an unseen cost of the federal government’s recent and unprecedented investments in private US companies:...
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Thomas A. Berry, Brent Skorup, and Alexander Xenos The Constitution vests Congress—not federal agencies or their employees—with the power to decide when Americans must...
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Colleen Hroncich Luba Vangelova had been homeschooling for more than a decade, running in-person groups that blurred the line between co-ops and microschools before...
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Chris Edwards The federal government is so large that many of its policies work at cross-purposes. The government exhorts us to eat healthy, but...
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Jeffrey A. Singer On January 29, President Trump signed an executive order called The Great American Recovery Initiative. The order does not significantly reform...
Politics
Warsh’s hawkish credentials are real. His hawkish future is not. Trump didn’t pick him to raise rates and crash markets before the midterms.
Politics
In this week’s Friday Philosophy, Dr. David Gordon examines the demands of philosopher Peter Unger, namely, that we be forced to give up our...
Politics
If confirmed by the Senate, Warsh would succeed current Fed Chair Jerome Powell, whose term ends in May.
Politics
Even Milton Friedman—who never supported gold as money—admitted that a monetary system based on gold would “take care of itself.” Instead, our money is...
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Ian Vásquez, Justin Logan, Brandan P. Buck, Marcos Falcone, Katherine Thompson, Clark Neily, & Jeffrey A. Singer Scholars at the Cato Institute provide independent...
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Clark Neily Last night, US forces attacked various locations in Venezuela in an operation to capture the loathsome President Nicolás Maduro and bring him...
Politics
$50 wasn’t the finish line. It was the starting gun for policy finger-pointing and real-world bottlenecks.