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  • January 30, 2023
    Blog
    Buy Now, Pay Later, Regulate Ever?
    Buy Now, Pay Later, Regulate Ever?
    … Senate Democrats’ recent warning about hidden fees. Although buy now, pay later is a new financial service, the treatment from policymakers and critics mirrors progressives’ battles with the payday lending industry. It was only in 2020 when the CFPB officially …
    By Nicholas Anthony
  • January 26, 2023
    Forbes
    Treasury's $1 Trillion Coin and the Fed's Magic Asset
    Treasury’s $1 Trillion Coin and the Fed’s Magic Asset
    … balances would not automatically be inflationary. Formally, the Fed’s new operating framework divorces its balance sheet from its monetary policy stance. The Fed can buy assets (or create reserves by way of the magic asset approach) and maintain a …
    By Norbert Michel
  • January 26, 2023
    Antiwar.com
    NATO’s Phony (and Dangerous) Nonbelligerent Status Regarding the Ukraine War
    NATO’s Phony (and Dangerous) Nonbelligerent Status Regarding the Ukraine War
    … approved the transfer of Patriot air defense missiles to Kyiv. Despite continued wariness, the Biden administration may even change its policy about supplying Ukraine with long‐​range artillery rockets capable of striking targets inside Russia. A dramatic escalation of US …
    By Ted Galen Carpenter
  • January 26, 2023
    American Spectator (Online)
    America's Allies Should Consider Going Nuclear
    America’s Allies Should Consider Going Nuclear
    … trying to implant democracy in Central Asia.) The fundamental problem is that extended deterrence itself looks increasingly dubious. Observed Foreign Policy’s Stephen M. Walt: [C]onvincing people you might use nuclear weapons to defend an ally isn’t easy …
    By Doug Bandow
  • January 25, 2023
    Blog
    A Multi-State Wealth Tax Carries Budgetary Risks
    A Multi-State Wealth Tax Carries Budgetary Risks
    … San Jose), the Golden State’s main legislative advocate of wealth taxes, is aware of this concern and has both policy and rhetorical responses. On the policy side, Lee is collaborating with legislators in Connecticut, Hawaii, Nevada, New York, Maryland …
    By Marc Joffe
  • January 25, 2023
    Blog
    Parents Still Poached of Baby Formula While Egg Supply Is Turning Sunny Side Up
    Parents Still Poached of Baby Formula While Egg Supply Is Turning Sunny Side Up
    … DOJ, but we’re confident that the investigators won’t discover the real source of last year’s problems: federal policy. As we explain in new Cato briefing paper, the Michigan plant closure surely put a major dent in U …
    By Scott Lincicome, Gabriella Beaumont-Smith, and Alfredo Carrillo Obregon
  • January 25, 2023
    19FortyFive
    America Should Stop Telling World What to Do (And What It Will Do)
    America Should Stop Telling World What to Do (And What It Will Do)
    … Europeans becoming addicted to America’s defense dole. Observed James McAllister in No Exit: America and the German Problem: “American policymakers from Franklin Delano Roosevelt to Dwight Eisenhower strenuously tried to avoid having the future of Europe dependent on a …
    By Doug Bandow
  • January 25, 2023
    Blog
    Cryptocurrency Miners Vote with Their Feet
    Cryptocurrency Miners Vote with Their Feet
    Given that cryptocurrency mining is so resilient in the face of legal and regulatory uncertainty or even pressure, banning cryptocurrency mining only serves to push out investment and opportunity.
    By Nicholas Anthony and Gabriella Beaumont-Smith
  • January 25, 2023
    Blog
    IRS and the Tax Filing Season
    IRS and the Tax Filing Season
    IRS management has tended to view its role as chasing tax cheats, not helping people navigate the confusing tax code.
    By Joseph Bishop-Henchman
  • January 24, 2023
    Power Problems
    The Changing U.S.-Pakistan Relationship
    The Changing U.S.-Pakistan Relationship
    Ahsan Butt, associate professor at George Mason University, discusses the problems in Pakistani politics and government, the changes in U.S.-Pakistani relations since the U.S. withdrawal from Afghanistan, and Pakistan’s relations with the Taliban, India, and China. He also explains his theory of why the U.S. invaded Iraq in 2003.
    Featuring Ahsan Butt and John Glaser
  • January 19, 2023
    The American Conservative
    Weighing a Nuclear Threat
    Weighing a Nuclear Threat
    Washington should take the threat seriously and minimize the risk of attack.
    By Doug Bandow
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