Monetary Policy

Irresponsible monetary policy can undermine prosperity by promoting business cycles and otherwise preventing the price system from reflecting the true scarcity of various goods and services. Sound monetary policy limits such damaging distortions. In a fiat monetary system, it does so by assigning a central bank the overarching objective of maintaining a stable and predictable overall level of spending on goods and services, while insulating it from political pressure to pursue other, conflicting ends. But in a free society that attaches a high value to competition, consumer choice, and innovation, monetary authorities should also allow people the freedom to employ unofficial substitutes for official fiat currency: if the official monetary standard is to prevail, it should do so because it is well-managed and not because alternatives have been suppressed.

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998 results found

September 28, 2017
Washington Examiner

Is College Basketball What the ‘Public Good’ Looks Like?
NCAA surveys indicate that in-season athletes spend roughly 40 hours per week on their sport, outstripping academic time.
By Neal McCluskey
September 12, 2017
Washington Examiner

‘Super Schools’ Aren’t Going to Happen in the Public Sector
Fortunately, we know what fuels innovation: freedom, which when it comes to providing goods and services we call the “free market.”
By Neal McCluskey
August 22, 2017
Washington Post

Keep the Federal Government out of School Choice
He who pays the piper calls the tune, and federal control could ultimately impose the same regulations on once-independent schools that have stifled public institutions.
By Lindsey M. Burke, Neal McCluskey, and Vicki E. Alger
August 9, 2017
Townhall

Looking for Bigotry? Try Public Schooling History
The most glaring omission in these choice-smearing histories is that Jim Crow laws segregated African Americans in public schools for decades
By Neal McCluskey
August 4, 2017
USA Today

Jeff Sessions’ Justice Department Goes after Affirmative Action’s Institutional Racism
There’s strong evidence that schools are discriminating based on race in the name of ‘affirmative action.’
By Ilya Shapiro
August 2, 2017
DC Examiner

Government Is the Affirmative Action Problem, Private Action Is the Solution
Government was instrumental in creating the mightily unjust situation we have now. How can we possibly right that wrong without another, counterbalancing wrong?
By Neal McCluskey
July 19, 2017
Education Next

Unintended Impacts of Regulations on the Quality of Schooling Options
These findings strongly suggest that more onerous regulations are more likely to drive away better schools.
By Corey A. DeAngelis
July 12, 2017
Real Clear Education

The Failure of Private School Choice Was Greatly Exaggerated
Although the “failure” of private school choice is continuously echoed by education reporters across the nation, the scientific evidence largely suggests otherwise.
By Corey A. DeAngelis
July 11, 2017
UK Telegraph

Universities Need to Have a Stake in Their Graduates. Without It, We Risk Entrenching Mediocrity
A system which fails to link revenues to successful outcomes risks entrenching mediocrity and encouraging universities to provide worthless courses for the sake of income.
By Ryan Bourne
June 28, 2017
DC Examiner

Pluralism and Equality Need Educational Freedom
We should not let our revulsion for malevolent discrimination snuff out the ability of the country’s countless, cherished communities to live on by teaching their children as they see fit.
By Neal McCluskey
June 6, 2017
DC Examiner

Dear Jeanne Shaheen: If New Hampshire Can’t Afford Education Programs, Who Can?
Sooner or later the bill for federal education programs will come due. Acting like Washington funds them without real costs to taxpayers just puts off the day of reckoning.
By Neal McCluskey
May 25, 2017
The Hechinger Report

Yes — You Absolutely Can, in Good Conscience, Cut the Federal Education Budget
Opposing views don’t make people heartless or evil.
By Neal McCluskey
May 18, 2017
Miami Herald

College Pays off, but Not Like It Should
Is college worth the money? Thanks to massive, distorting subsidies extracted from taxpayers, that is a far tougher question to answer than it should be.
By Neal McCluskey
April 28, 2017
DC Examiner

Do Negative Test Results Mean School Choice Has Failed? Perhaps the Opposite!
Then there’s this: the sum of education is far more than standardized test scores.
By Neal McCluskey
April 14, 2017
Orange County Register

Want Better Education? Try School Inc.
Freedom, including the ability to make a profit, is crucial to having an education system that works well for children right now, and achieves dynamic, continuous improvement.
By Neal McCluskey

Cato Annual Report

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Monetary Policy

Is College Basketball What the ‘Public Good’ Looks Like?

‘Super Schools’ Aren’t Going to Happen in the Public Sector

Keep the Federal Government out of School Choice

Looking for Bigotry? Try Public Schooling History

Jeff Sessions’ Justice Department Goes after Affirmative Action’s Institutional Racism

Government Is the Affirmative Action Problem, Private Action Is the Solution

Unintended Impacts of Regulations on the Quality of Schooling Options

The Failure of Private School Choice Was Greatly Exaggerated

Universities Need to Have a Stake in Their Graduates. Without It, We Risk Entrenching Mediocrity

Pluralism and Equality Need Educational Freedom

Dear Jeanne Shaheen: If New Hampshire Can’t Afford Education Programs, Who Can?

Yes — You Absolutely Can, in Good Conscience, Cut the Federal Education Budget

College Pays off, but Not Like It Should

Do Negative Test Results Mean School Choice Has Failed? Perhaps the Opposite!

Want Better Education? Try School Inc.