Norbert Michel This new Forbes post provides a brief overview of my testimony last week in the U.S. House of Representatives at a hearing titled Digital Dollar Dilemma: The Implications of a Central Bank Digital Currency and Private Sector Alternatives. Naturally, Cato’s scholars don’t see much of a dilemma—the United
Chris Edwards As Congress considers a farm bill in coming months, it should keep in mind that farm household incomes have risen greatly over the decades. When farm programs were put in place in the 1930s, the “per person disposable income of farms was 39% of U.S.
Ian Vásquez Hong Kong is no longer number one, according to the Economic Freedom of the World: 2023 Annual Report, released today by the Fraser Institute and co‐published in the United States by the Cato Institute. As Hong Kong’s ratings declined, Singapore increased its score and
Thomas A. Berry Yesterday at the Cato Institute we celebrated Constitution Day with our annual symposium, which coincides with the release of the Cato Supreme Court Review. This was the 22nd edition of the Review, and my first as editor in chief. Every article from the
A number of Christian conservatives are claiming that markets are as coercive as government. Try boycotting the FBI or your local police the next time they do something outrageous. Original Article: "Are Markets Tyrannical? Where Christian Conservatives Are Mistaken"
Kayla Susalla School is back in session and many districts prepared by stocking up on School Resource Officers (SROs). Yet research is unclear about the effectiveness of SROs at increasing school safety, and suggests their presence leads to excessive discipline. Policies increasing SROs are often proposed in
Those who have been predicting a recession in the United States and an associated stock market crash seem to be having a hard time. At least, it appears so. US gross domestic product grew by 2.1 percent in Q2 2023, after growing 2.0 percent in
Adam N. Michel The Organization for Economic Co‐operation and Development (OECD) is seeking to raise taxes on multinational businesses by billions of dollars with a novel, internationally coordinated 15 percent minimum tax. Nearly 140 countries have signed on to this new global tax, including the Biden
Keynes denounced monetary gold as "a barbarous relic." In the end, it will be that "barbarous relic" that overthrows the regime of paper currency. Original Article: "Gold Will Destroy the Keynesian Fallacies"
The gig economy as we know it is on the verge of destruction. Gig work, otherwise known as freelance work, was once held up as an entry into the entrepreneurial economy for many people seeking to dip their toes in, but that economy is currently