Chris Edwards A recent US Postal Service (USPS) forecast shows that the relentless decline in paper mail over two decades will continue in coming years. Personal letters, invites, bills, bank…
-
Following Jerome Powell’s latest signal on rate cuts, economist Steve Hanke explains why markets and policymakers keep fixating on the wrong variable. Interest rates don’t drive the cycle, he argues—changes…
-
Jai Kedia and Norbert Michel We and our Cato colleagues have written extensively about the flawed logic behind many of the current administration’s economic policies, especially regarding trade. Those flaws include, for instance,…
-
President Trump’s recent efforts to end the Ukraine War have been made more difficult because the EU, NATO, and the US government encouraged Ukraine to fight no matter what. The…
-
Who says Republicans and Democrats can’t agree on anything. They have both agreed to continue foolish and counterproductive subsidies for buses and other forms of inter-city public transportation.
-
Can a majority vote to end democracy? If it can, democracy would no longer exist. But if it can’t, then not all political issues are decided by majority vote.
-
The Federal Deposit Insurance Corporation (FDIC) is widely seen as a pillar of financial stability, but it is actually it is a warning label that confirms systemic fragility.
Walter Olson Number fourteen in our series of occasional roundups on election law and policy: No, President Trump still can’t use an executive order or unilateral presidential power to ban…
Last week President Trump took steps to re-name the Department of Defense the “Department of War”—arguably, a more appropriate name.
While people might speak of the “business of government,” there really is no way to compare the two. Business is voluntary; government is coercive.