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August 12, 2024
Blog

Corporate Welfare Breeds Corruption
Corporate welfare is a bipartisan curse.
By Chris Edwards
August 12, 2024
Blog

Two Years of Sounding the Alarm: Reflections and Progress on Addressing the US Debt Crisis
capitol, congress It’s been two years since I joined the Cato Institute as director of federal budget and entitlement policy. Over the past year, we’ve made significant progress in advancing ideas that would address our ballooning national debt …
By Romina Boccia
August 9, 2024
Blog

Governor Tim Walz’s Fiscal Record
Walz seems too intent on raising taxes in ways that undermine prosperity, while using the tax code as a subsidy machine for politically favored groups.
By Chris Edwards
August 9, 2024
Foreign Affairs

A Post-American Europe
For decades, U.S. policy toward Europe stayed the same: Washington anchored itself to the continent via NATO and acted as the region’s main security provider while the European members of NATO accepted U.S. leadership. Today, however, much …
By Justin Logan and Joshua Shifrinson
August 8, 2024
Blog

Assessing JD Vance: Votes Not Vibes
I am reliably informed that the Republican Party’s 2024 vice-presidential nominee, Ohio senator J. D. Vance, is not a libertarian. Given the standard set by Mike Pence, Paul Ryan, Sarah Palin, and er, Dick Cheney, I was braced for this news and have so far managed to contain my disappointment.
By Gene Healy
August 8, 2024
The American Conservative

The New National Defense Report Misses the Point
The main threat to American safety comes not from abroad, but from Washington.
By Doug Bandow
August 5, 2024
Blog

Taiwan Arms Backlog, July 2024 Update
July 2024 was a quiet month for the backlog of US weapons that have been sold but not delivered to Taiwan.
By Eric Gomez and Benjamin Giltner
August 2, 2024
National Review (Online)

How the World Ran Out of Everything Paints an Incomplete Picture of Pandemic-Era Supply-Chain Woes
Although Peter Goodman’s new book raises some valid concerns, none of them sufficiently compensate for the book’s shortcomings.
By Colin Grabow
August 2, 2024
Blog

Will CBDCs Mark the End of Cash?
Several central banks have openly said their goal is to go cashless and that CBDCs are a way to get there.
By Nicholas Anthony
August 1, 2024
Blog

Fed Dot-Plot Forecasting Fiascos: June 2008 and June 2021
The Federal Reserve chairman and Federal Open Market Committee (FOMC) always imagine that they can prevent recession by anticipating trouble in time to stop it. If that were true, soft landings would be the norm rather than a freak rarity.
By Alan Reynolds
August 1, 2024
The Virginian-Pilot

Letter to the Editor: Shipbuilding
Frankly, U.S. shipbuilders can’t compete with almost anyone.
By Colin Grabow
August 1, 2024
The Times

Why Rachel Reeves Is So Keen to Rush Through Her Tax Rises
Borrowing makes spending seem cheaper, and the public often don’t know how their money is spent by the government.
By Ryan Bourne
August 1, 2024
The American Conservative

The Ukrainian War Effort Is Going Nowhere Fast
The U.S. and Europe must wrap up their dangerous proxy war as soon as possible.
By Doug Bandow
July 31, 2024
Blog

Did the Tax Cuts and Jobs Act Pay for Itself?
Congress currently spends $2 trillion more than it raises in revenue, and no pro-growth tax cut can fix a $2 trillion (and growing) budget imbalance. To keep taxes low for the long run, Congress must decisively cut spending and prioritize the most pro-growth tax reforms.
By Adam N. Michel
July 31, 2024
Pacific Daily News

Jones Act Is Costly, Ineffective, Unfair
The danger of shipping protectionism to Guam’s economic well-being has been apparent for a long time.
By Colin Grabow