While most economists believe that central banks set interest rates, in reality, they are set by time preferences of individual actors in the economy. Central bank influences on interest rates…
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Where is the “duly elected” president we were told about? Turns out none of the US-supported leaders have enough public support to take power.
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Zohran Mamdani held his mayoral swearing in ceremony at the now-abandoned City Hall Station that was a feature of the first New York Subway built in 1904. Unfortunately, city officials…
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He was almost VP. Soon he’ll be just another “visiting scholar” at a leftwing think tank. Perhaps he can hang out with Liz Cheney.
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Margaret Thatcher’s famous quote spells doom for new socialist schemes, “The problem with socialism is that you eventually run out of other peoples’ money.”
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Editor's PickInvesting
Cato Scholars: US Raid in Venezuela Raises Serious Constitutional and Foreign Policy Concerns While Ousting a Brutal Socialist Dictator
Ian Vásquez, Justin Logan, Brandan P. Buck, Marcos Falcone, Katherine Thompson, Clark Neily, & Jeffrey A. Singer Scholars at the Cato Institute provide independent analysis on the implications of the…
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Editor's PickInvesting
Venezuela—Indictments, Invasions, and the Constitution’s Crumbling Guardrails
Clark Neily Last night, US forces attacked various locations in Venezuela in an operation to capture the loathsome President Nicolás Maduro and bring him to New York to face federal…
The US’s bombing of Caracas reiterates three key foundations of American foreign policy: the Constitution is dead, democracy is irrelevant, and the “rule of law” doesn’t matter.
Even Milton Friedman—who never supported gold as money—admitted that a monetary system based on gold would “take care of itself.” Instead, our money is created and manipulated by the politicized…
$50 wasn’t the finish line. It was the starting gun for policy finger-pointing and real-world bottlenecks.