Crude oil prices hit another new high on Friday, topping $125 per barrel. Much of the recent spike can be attributed to the weakening dollar, as investors dump money into commodities as a hedge against inflation. As the summer driving season approaches, Cato is pleased to offer some realistic assessments of gas prices and recent political overreaction.
Barack Obama on Tuesday decisively defeated Hillary Clinton in North Carolina, but Clinton was able to hold on and win narrowly in Indiana. Despite Obama's widening lead in the delegate count, Clinton is expected to continue her campaign. The next primary is May 13 in West Virginia.
The Founding Fathers wanted the judicial branch to serve as a check on the power of the legislative and executive, and gave the Supreme Court the responsibility of interpreting the Constitution in a way that would safeguard individual freedoms. But sadly, the Supreme Court has also handed down many destructive decisions. In The Dirty Dozen, authors Robert A. Levy and William Mellor shed light on the twelve worst decisions of the modern era.
The Milton Friedman Prize for Advancing Liberty
is presented every other year to an individual who has made a significant contribution to advance human freedom. Make your reservation to attend the award dinner on May 15 in New York City.
The Cult of the Presidency
Examines how Americans have expanded presidential power over recent decades by expecting solutions for all national problems, concluding by calling for the Presidency to return to its properly defined constitutional limits.
The Politics of Freedom
David Boaz offers his unique and often surprising views on such hot-button issues as the presidential race, individual rights vs. national security, drugs, immigration, the war on terror, and government intrusion into private lives.
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