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Editor's Pick

New Ban Bars 1 in 5 Legal Immigrants, Even Citizens’ Spouses & Kids

David J. Bier President Trump signed a new proclamation that bans nearly all legal immigration from about 40 countries, covering about one in five...

7 hours ago

Editor's Pick

DOGE Produced the Largest Peacetime Workforce Cut on Record, but Spending Kept Rising

Alex Nowrasteh and Krit Chanwong The Department of Government Efficiency (DOGE) first set a goal to balance the budget by cutting $2 trillion in...

8 hours ago

Editor's Pick

The “Windfall” Narrative Around OBBBA Expensing Misses the Point

Adam N. Michel Over the last few weeks, a wave of headlines has painted a similar story: the One Big Beautiful Bill Act (OBBBA)...

9 hours ago

Editor's Pick

Trump’s Corporate Equity Acquisition Spree

Tad DeHaven In an interview with the Wall Street Journal over the weekend, the president confirmed that he’s considering taking equity stakes in defense...

12 hours ago

Editor's Pick

HC v. Chudzik Brief: Court Gamesmanship Should Not Excuse Violations of the Right to Bail

Matthew Cavedon When defendants in criminal cases are arrested in Lancaster County, Pennsylvania, they appear before magisterial district judges to be arraigned. Judges set...

13 hours ago

Editor's Pick

Americans Want a BRAC-Style Commission to Fix Social Security

Romina Boccia and Ivane Nachkebia The Cato Institute recently conducted a nationally representative Social Security survey of 2,000 Americans, exploring their attitudes toward the...

14 hours ago

Politics

Why Hayek Rejected Merit-Based Equality

In criticizing the progressive notion of equity, or equality of results, critics of such views embrace an order of “meritocracy.” F.A. Hayek, however, understood...

14 hours ago

Politics

The Next Economic Downturn Will Be Here Soon Enough

The US economy is hooked on easy money and artificially low interest rates. Huge credit expansions are not “stimulating” the economy; they are destroying...

18 hours ago

Politics

The Next Economic Downturn Will Be Here Soon Enough

The US economy is hooked on easy money and artificially low interest rates. Huge credit expansions are not “stimulating” the economy; they are destroying...

19 hours ago

Politics

Bank of Japan expected to hike rates to 30-year high

Yields on Japanese government bonds have risen in recent weeks on worries about Prime Minister Sanae Takaichi’s budget discipline, while the yen has weakened.

20 hours ago

Politics

What Happened to Climate Change?

Only a couple years ago, climate change was a major political issue. Now it’s strangely absent from public discourse. Why did this happen?

21 hours ago

Editor's Pick

Yes, Governments Do Freeze Funds

Nicholas Anthony Who should be trusted with the future of money? Amit Seru, a professor of finance at Stanford Business School, recently took to...

October 16, 2025

Politics

Inflation: Slowly the Middle-Class Dies

As government spending spins out of control, the Federal Reserve continues to inflate, leaving the economy in a permanent state of inflation. Most Americans...

October 16, 2025
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