Jeremy Horpedahl and Phillip W. Magness While the Trump administration had already rolled out tariff increases against our largest trading partners—Canada, Mexico, and China—several weeks ago (and then delayed some…
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Editor's PickInvesting
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The New York Times recently ran a detailed report on US involvement in the Ukraine-Russia war and—surprise!—the Biden administration regularly lied to American voters about the extent of the US…
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Thomas A. Berry President Donald Trump has singled out several of the nation’s largest law firms for serious, potentially business-ending sanctions by executive fiat, citing the firms’ past representation of…
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Romina Boccia and Dominik Lett On April 2, the Senate unveiled a new budget blueprint, a crucial step in using reconciliation to enact President Donald Trump’s agenda. This budget isn’t…
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Editor's PickInvesting
Senate GOP Deploys Dishonest Budget Gimmick to Dodge Accountability for Rescuing Biden’s Spending Surge
Michael F. Cannon As the United States government barrels toward a debt crisis, both House and Senate Republicans seem content to keep forcing taxpayers to overpay for low-quality health care. Senate…
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Americans like to believe that the US is a wealthy, indestructible country, but as government debt piles up and inflation ravages the economy, perhaps they need to start worrying. Our…
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Editor's PickInvesting
The Triumph of Fear—Excerpt from Cato Scholar’s New Book on Domestic Surveillance and Political Repression
Patrick G. Eddington A new book, The Triumph of Fear: Domestic Surveillance and Political Repression from McKinley to Eisenhower, by Cato’s Patrick G. Eddington, a senior fellow in homeland security…
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We spend very little time and effort learning about what the hundreds of government agencies are doing. Agencies like the Fed exist to exercise monopoly power and enrich a few…
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By their nature, free markets promote harmony between people and increase overall standards of living. This view is radically different from the ones promoted by Marxists who believe that only…
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Organizations like the European Union and the United Nations are inventions of government elites and are designed to serve the interests of government elites. They centralize political power and do…