Although the Cato Journal is being sunset, it will continue to be available online and serve as a valuable research tool for years to come.

The reason for the receptiveness to large spending has been the perception that the fiscal stimulus in the Great Recession of 2007–2009 erred on the side of excessive caution and left an aftermath of unduly slow growth.

This article explains how studies were identified for the survey sample, provides an overview of the theories of how public debt impacts economic growth, reviews the findings of the 40 studies in the survey sample, and concludes with some recommendations for future research.

Easily compared to a law school issue‐​spotter exam question, or perhaps a Rorschach test, the GameStop phenomenon has raised questions and concerns regarding equity markets from just about every angle imaginable.

Robinhood is heir to a half‐​century evolution making equity trading cheap and accessible to the nonprofessional public in the United States and other countries.

Immigration is controversial because people have differing views about the effects that immigrants have on the economy and culture.

Should strong demand for paper currency be considered an unalloyed benefit in the helicopter money era? Many treasuries and central banks around the world seem to think so.

The Covid‐​19 pandemic has given digitization a boost through physical lockdowns and fear that physical cash may help spread the virus

Without coins to make change, many businesses had no choice but to turn away cash transactions. For some businesses, that meant having no business.

Regardless of political bent, most people have high hopes for democracy, at least if they can manipulate the levers of governance.

In virtually every country there are people who passionately defend free markets, while others have very interventionist mentalities.

Recognizing that secession is usually best reserved as a last resort in political and constitutional disputes, given that secessionist agitation often flares up into violence, this article proposes an alternative—namely, the constitutional path to devolved government.

We must make an option between a steady and continued exertion on a moderate scale, and a great and extraordinary effort for a limited time, which neither our means, military or financial, will enable us to maintain permanently.

In spite of the controversies found in the literature, there exists sufficient empirical evidence to suggest that increasing taxes on labor leads to a slowdown in economic growth and a decline in employment, as well as an encouragement of undeclared work

In the period immediately after World War II, there was a transformation in the nature of economic theory—a change both in substance and in method.

While vaccination rates are increasing quickly in wealthier countries, rates in Africa, Latin America, India, and elsewhere are not improving much.