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This article delves into the real cost of war as explained by Joseph Salerno in his book Money: Sound and Unsound. Contrary to Keynesianism, war destroys wealth and destroys an…
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While attempts to eliminate USAID are garnering a lot of publicity, the truth is that the foreign aid budget needs even more cutting that the Trump administration is willing to…
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From the Middle Ages to Rousseau to the Industrial Revolution to Trotsky, historian Ralph Raico provides a refreshing free-market analysis of political thought.
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Kennedy had become deeply suspicious of the CIA and other American intelligence agencies. They had given him bad advice about Cuba, which almost got us into a nuclear confrontation with…
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Editor's PickInvesting
Answering Frequently Asked Questions about the Inflation Reduction Act’s Energy Subsidies
Travis Fisher Last week, Cato published Policy Analysis No. 992, titled “The Budgetary Cost of the Inflation Reduction Act’s Energy Subsidies: IRA Energy Tax Credits Could Cost $4.7 Trillion by…
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Michael F. Cannon Five years ago this month, the world shut down due to COVID-19. “Paris, Milan, London, New York, San Francisco, and even Delhi—even India, the entire country—locked down…
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Jeffrey Miron and Jacob Winter US housing prices have risen faster than income since 2000, making housing less affordable. The solution is more housing, and the question is, what is…
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Walter Olson Alarming news for university independence, from the New York Times: “The Trump administration on Thursday demanded that Columbia University make dramatic changes in student discipline and admissions before…