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June 8, 2023
The American Conservative

North Korea Will Not Denuclearize
… Hence strong ROK support for its own nuclear bomb. Last fall even Yoon mused about that possibility, unsettling U.S. policy circles. At the summit the Biden administration was full of promises to convince the South Koreans to eschew such …
By Doug Bandow
June 7, 2023
Blog

Full Expensing Is a Key Piece of the Republican Economic Package
Reporting indicates that a central component of the pro-growth package is the extension of full business expensing for R&D, equipment, and machinery.
By Adam N. Michel
June 7, 2023
DC Journal

No to Ukraine in NATO
… are three main reasons. The first is that Ukraine’s security does not affect the security of Americans. U.S. policy in Europe historically aimed at preventing one country from dominating the continent. Even outright Russian control of Ukraine — which …
By Justin Logan
June 7, 2023
American Banker

Introducing a CBDC Would Be a Catastrophe for the Banking System
… services should not be fooled by the bone being thrown here. As Greg Baer, president and CEO of the Bank Policy Institute, cautioned at an event held at the Cato Institute, an intermediated CBDC would mean anything but business as …
By Nicholas Anthony
June 7, 2023
Blog

Fast Facts about Mandatory Spending
What you need to know about mandatory spending and interest
By Romina Boccia and Dominik Lett
June 7, 2023
Briefing Paper

No. 159
Expensing and the Taxation of Capital Investment
This brief explains how expensing and tax depreciation operate and provides examples that show how delaying investment deductions increase effective tax rates, especially when inflation is high.
By Adam N. Michel
June 6, 2023
Acton Institute

What Is Liberty’s Global Future?
A new Freedom House report on Free, Partly Free, and Not Free countries is out, and liberty appears to be on the decline.
By Doug Bandow
June 5, 2023
Blog

White House Extends Ukraine’s Steel Tariff Exemption; Sad Reminder of Steel Protectionism
While the White House’s decision to extend Ukraine’s exemption from the steel tariffs is welcome news, the whole ordeal is a sad reminder that much of the domestic steel industry today defines “success” by bending government power in its favor.
By Clark Packard
June 2, 2023
Blog

Is the Bank Secrecy Act Effective at Stopping Crime? No One Knows
Were this violation of privacy not enough to cause upset, the government has long been unable to prove that these reports are even effective in combatting crime.
By Nicholas Anthony
June 1, 2023
Blog

Krugman Misses the Mark on CBDCs—Again
CBDCs mark a fundamental threat to both economic and political freedom. But it should surprise no one that Krugman is wrong on this issue.
By Norbert Michel and Nicholas Anthony
June 1, 2023
Blog

Brookings Paper Is Not Concrete Evidence That a “Hard Landing” of the Economy Is Inevitable
Last week at Brookings, Ben Bernanke, former Fed chair, and Olivier Blanchard, former chief economist of the International Monetary Fund, released an empirical study of the inflationary episode that followed the COVID-19 government shutdowns.
By Norbert Michel and Jai Kedia
June 1, 2023
Blog

Misleading Debt Limit Deal Math Counts Phantom Savings
The U.S. budget continues toward the brink of disaster as the stakes in future debt limit negotiations increase.
By Romina Boccia
June 1, 2023
The American Conservative

The Cruelty of Our Syria Sanctions
U.S. sanctions are not working, unless our goal is simply to impoverish the Syrian people.
By Doug Bandow
May 31, 2023
Forbes

Cato Survey Shows Few Americans Support Central Bank Digital Currencies
A CBDC is ultimately a complete government takeover of something the private sector can, should, and does provide.
By Norbert Michel
May 31, 2023
Blog

CBDC vs. Crypto: What’s the Difference?
Cryptocurrencies and CBDCs are effectively complete opposites in their design and should not be confused.
By Nicholas Anthony