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September 9, 2020
Blog

What if Politicians Are the Biggest Medical Supply Chain Risk?
… of trade liberalization.… In the future, the [pharmaceutical] industry may be subject to greater trade tensions and to regulatory and policy shifts if governments take action to establish domestic production of critical pharmaceutical supplies to safeguard public health. In short …
By Scott Lincicome
September 9, 2020
National Review (Online)

Why the Knives Are Out for Trump’s Fed Critic Judy Shelton
… training, but his nomination raised few hackles thanks to his reassuringly bland manner and lack of original thought on monetary policy. Shelton has written at length on monetary policy, but unlike many other American economists who have done so, she …
By Steve H. Hanke
September 8, 2020
Testimony

Statement for the Record, Hearing on “Status of the Federal Reserve Emergency Lending Facilities”
By George Selgin
September 8, 2020
Power Problems

With Friends Like These
… transatlantic relations. Show Notes Rachel Rizzo Bio Tom McTague, “Remember the 90s, Don’t Long for a Return,” The Atlantic Emma Ashford, “Biden Wants to Go Back to a Normal Foreign Policy. That’s the Problem,” The New York Times
Featuring Emma Ashford and Rachel Rizzo
September 7, 2020
American Institute for Economic Research

What Raised the S&P 500 Price-Earnings Ratio?
Some see today’s high P/E as prima facie proof of a speculative bubble. But the fact that stock prices may look high relative to earnings over the past 12 months (which include an unprecedented GDP contraction) does not mean they are high relative to the next 12 months.
By Alan Reynolds
September 7, 2020
National Interest (Online)

Time for Donald Trump to Make North Korea an Offer It Can’t Refuse?
… its self‐blockade until development of a coronavirus vaccine, which almost certainly means next year. Even if the DPRK changed policy and invited the return of international organizations, they would be reluctant to send personnel given uncertainty over the degree …
By Doug Bandow
September 4, 2020
National Interest (Online)

China Is Interfering in the 2020 Election. Beijing Wants Trump to Lose.
… usually seem motivated by cynical partisan considerations. Broader concerns about foreign influence with respect to America’s politics and foreign policy, though, have considerable merit. The problem is not new, and Russia is by no means the only overseas power …
By Ted Galen Carpenter
September 4, 2020
Blog

Federal Aid Creates Central-Planning Power
There is no reason to think federal politicians have superior knowledge to state-local leaders.
By Chris Edwards
September 3, 2020
Cato Daily Podcast

An Increased Fed Tolerance for Inflation
What happens when the Federal Reserve decides to tolerate a bit more inflation to hit a 2% target? George Selgin comments.
Featuring George Selgin and Caleb O. Brown
September 3, 2020
The American Conservative

Peace Yes, but Please Don’t Whitewash UAE Dictatorship
By Doug Bandow
September 2, 2020
Blog

The Fed’s New Strategy: From Missed Target to Missed Opportunity
After frequently falling-short of its inflation target, the Fed now promises to make up for it by switching to average inflation targeting. Whether the new strategy does any good remains to be seen. But even if it does, by choosing AIT over NGDPLT, the Fed has missed yet another mark.
By George Selgin
September 2, 2020
Blog

The Good and Bad Nuclear Issues in the 2020 China Military Power Report
The nuclear section of the latest DoD report contains several important pieces of information about China’s nuclear arsenal and approach to deterrence.
By Eric Gomez
September 2, 2020
Philadelphia Inquirer

Pennsylvania Must Fund Students, Not School Districts
By Corey A. DeAngelis
September 2, 2020
Conservative Home

A Message for Johnson and Sunak on Tax Rises. Not Now. And Not These.
Not only is the tax rise call premature, but the specific proposals don’t conform to the pandemic’s needs or Boris’s Johnson’s ambitions to create a high-wage economy.
By Ryan Bourne
September 2, 2020
National Interest (Online)

President Trump’s Lost North Korea Opportunity
By Doug Bandow

Cato Annual Report

Featured Event

Your Body, Your Health Care

Free Society

Spring 2025

What if Politicians Are the Biggest Medical Supply Chain Risk?

Why the Knives Are Out for Trump’s Fed Critic Judy Shelton

Statement for the Record, Hearing on “Status of the Federal Reserve Emergency Lending Facilities”

With Friends Like These

What Raised the S&P 500 Price-Earnings Ratio?

Time for Donald Trump to Make North Korea an Offer It Can’t Refuse?

China Is Interfering in the 2020 Election. Beijing Wants Trump to Lose.

Federal Aid Creates Central-Planning Power

An Increased Fed Tolerance for Inflation

Peace Yes, but Please Don’t Whitewash UAE Dictatorship

The Fed’s New Strategy: From Missed Target to Missed Opportunity

The Good and Bad Nuclear Issues in the 2020 China Military Power Report

Pennsylvania Must Fund Students, Not School Districts

A Message for Johnson and Sunak on Tax Rises. Not Now. And Not These.

President Trump’s Lost North Korea Opportunity