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Editor's Pick

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

Editor's Pick

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

Editor's Pick

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

Editor's Pick

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...

Politics

American journalists and academics have invented a fairy tale in which “free market orthodoxy” has dominated political thinking in America for the past forty...

Editor's Pick

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

Editor's Pick

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...

Politics

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...

Politics

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

Politics

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

Politics

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.

Editor's Pick

Walter Olson Number sixteen in our series of occasional roundups on election law and policy: “After reviewing state voter rolls going back to the...

Politics

So-called democratic socialists claim they just want to empower ordinary people through democracy. Socialism, however, invariably must turn into a top-down system of central...

Politics

Leaders prone toward collectivist ideals and central planning seize upon these opportunities, thriving on divisive sentiment.

Politics

“Taxation is theft, purely and simply, even though it is theft on a grand and colossal scale which no acknowledged criminals could hope to...

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