Senator Tom Coburn’s (R-OK) office has released a new report documenting 100 examples of questionable stimulus spending. From a public policy perspective, it’s a tidy illustration of why the government doesn’t do a very good job of spending other people’s money. In terms of entertainment value, it’s a pretty amusing read in a sad sort of way. Although, I do have one question for the Coburn staffers who included the story of a cruise company receiving a million dollars in anti-terrorism funds: Did you not see Speed 2?!
Featuring Dan Ikenson, Director, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; Simon Lester, Policy Analyst, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; Daniel Pearson, Senior Fellow, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; and Bill Watson, Policy Analyst, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute.
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In this issue of the Cato Journal, economists Geoffrey Black, D. Allen Dalton, Samia Islam, and Aaron Batteen offer one prominent example of allowing the market to work. Also in this issue, economists Jason E. Taylor and Jerry L. Taylor reexamine the relationship between marginal tax rates and U.S. growth, and Robert Krol looks at bias in CBO and OMB economic forecasts.
March 11, 2014
P.J. O’Rourke discusses his book, The Baby Boom: How It Got That Way (And It Wasn’t My Fault) (And I’ll Never Do It Again) on FBN’s The Independents
March 11, 2014
Latest CommentaryOn Monday, former National Security Agency contractor Edward Snowden beamed himself into a packed room at the South by Southwest festival...
The 2008-2009 financial crisis and Great Recession have vastly increased the power and scope of the Federal Reserve, and radically changed the financial landscape. This new ebook examines those changes and considers how the links between money, markets, and government may evolve in the future.