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Politics

Thanksgiving: Bradford’s 1623 Reform: Necessity, Ideology, and the Emergence of Modern Economic Thought

The story of how the Pilgrims at Plymouth Rock abandoned the common labor system and embraced private ownership is well known. While at first...

18 hours ago

Politics

Contagion

Politicians and central bankers invoke “contagion” to demand more power and money, while their interventions cause the very fragility they decry.

2 days ago

Politics

Contagion

Politicians and central bankers invoke “contagion” to demand more power and money, while their interventions cause the very fragility they decry.

2 days ago

Politics

Does AI lead to Socialism?

The standing myth about AI is that it will put everyone out of work and leave the Marxian Reserve Army of Labor. The other...

3 days ago

Politics

The Anti-Capitalist Mentality of the Estado Novo

Portugal’s Estado Novo, which dominated politics for more than 30 years there, and was firmly anti-capitalist. It has been 50 years since Estado Novo’s...

3 days ago

Politics

The Great Depression: An Austrian Reply to WIRED

Bob walks through a recent WIRED video on “the economics behind the Great Depression,” correcting its claims on lax regulation, Hoover’s alleged inaction, the...

3 days ago

Editor's Pick

Law Students and Early-Career Lawyers: Come Work at Cato!

Thomas A. Berry Are you graduating from law school in 2026, or are you a lawyer with roughly 0–2 years of legal experience? Do you...

3 days ago

Politics

The Impossible Two Percent: Why Central Banks Cannot Afford Price Stability

While the Fed continues its “two percent” charade, the central bank has been inflating the US economy into ruin. The latest Fed capers will...

3 days ago

Politics

Hofstadter on Lincoln

Historian Richard Hofstadter was a well-known progressive, but his take on Abraham Lincoln certainly differs from the hagiographic approach most US historians take toward...

3 days ago

Politics

Thanksgiving: A Celebration of Domestic Life

For 150 years, Thanksgiving has been primarily an apolitical holiday that’s really about family fun and eating a huge meal.

3 days ago

Politics

The Economics of Santa Claus

A satirical essay from a 1978 classroom, speculating about what it would cost to become Santa.

3 days ago
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