In a spectacular display of cowardice, Congress chose yet again to pander to special interests rather than give long-suffering taxpayers a break from decades of farm welfare. The bill passed…
WASHINGTON--Naomi Klein's popular book The Shock Doctrine: The Rise of Disaster Capitalism, which claims to expose the truth about capitalism, is based on misconstrued statements, a misunderstanding of economic and…
Suspending fill orders might well reduce oil prices by $10-30 a barrel –- all other things being equal. That price reduction would certainly be noticed at the pump. In a…
This is a political, not a scientific act. Polar bears are at or near record population levels today. They clearly survived eras in the past where Arctic climate was warmer…
Traditionally, the real seat of power within Pakistan has been the position of Chief of Army Staff, today led by General Ashfaq Kayani. It appears that General Kayani will continue…
The agreement reached by the farm bill conference committee contains very little in the way of serious reform. It makes minimal cuts to farm subsidies and in fact adds a…
The people from Santa Cruz -- the largest and richest region in Bolivia -- voted overwhelmingly yesterday for autonomy, which would allow them to establish their own policies regarding land,…
Florida lawmakers struck a deal to raise the cap on the state's scholarship donation tax credit program by $30 million dollars last Friday, the last day of the legislative session.…
This report isn't saying anything you need a college degree to understand. Even a cursory look at colleges and universities reveals that they focus their ever-increasing revenues not mainly on…
While it's possible to pick at the details and flaws in Sen. McCain's proposal, he get's the big picture right. By moving away from employer-based health care and encouraging…
National output grew during the first quarter of the year by 0.6 percent at an annual rate--much faster than expected based on earlier comments by some analysts that the economy…
The tentative agreement reached last week is very disappointing. It makes minimal cuts to farm subsidies and in fact adds a new 'permanent disaster' program on top of the existing…
Rising nationalism poses the same threat to the global economy as it did in the 1920s and 1930s. Erecting new barriers to global trade and investment will diminish the freedom…
Washington, D.C. - The Cato Institute has announced that Yon Goicoechea, leader of the pro-democracy student movement in Venezuela that successfully prevented President Hugo Chávez's regime from seizing broad dictatorial…
While Senators Clinton and Obama throw the 'kitchen sink' at each other, little attention is being paid to how far to the left the primary has dragged both candidates. …
The Department of Education can demand, reprove, and regulate all it wants, but in the end it can't and won't change a system in which parents have no power. As…
Tomorrow, just as Pennsylvania Democrats go the polls in the last large primary before their nominating convention, the Supreme Court will hear yet another challenge to the McCain-Feingold campaign finance…
Sixty-one years of corrupt and often authoritarian party rule ended yesterday in Paraguay with the defeat of the Colorado party and the victory of Fernando Lugo. However, it remains to…
President Bush announced today a national goal of stabilizing emissions of greenhouse gases by 2025, and proposed that 'all the major economies' of the world should do the same. …
In classic Washington fashion, Congress is tackling a 'crisis' that doesn't exist, and taxpayers are the victims. Though no eligible student has reported an inability to secure federal student loans,…
WASHINGTON--Most U.S. school choice studies to date have made mistaken and insupportable claims about market reform in education, finds a Policy Analysis released by the Cato Institute today. "The most intensely…
Of the presidential candidates, John McCain's policies on free trade would be most beneficial to the U.S. economy, finds "Race to the Bottom? The Presidential Candidates' Position on Trade," a…
WASHINGTON - In the last 15 years, American cities have spent $100 billion on new rail transit projects. Proponents now justify the expense with claims that rail will reduce greenhouse gas…
The Senate has again demonstrated that its guiding principle is "Don't just sit there. Do something really dumb in response to the current perceived crisis." This week's example is…
The SADC leaders will tomorrow have an opportunity to break their silence with regard to the Zimbabwean crisis. Since it was announced that ZANU-PF lost control of parliament, Mugabe's government…
Government interventions in agricultural markets are spawning a host of unintended consequences, including increased political instability abroad. The ethanol policy is partly to blame for higher food prices, which are…
Gen. Petraeus's recommendation that approximately 140,000 U.S. troops remain in Iraq after July, a higher number than when President Bush announced the surge in January 2007, demonstrates the bankruptcy of…
The press has made too much about Fed Chairman Ben Bernanke's musings about whether the U.S. economy is now in a recession or is headed for a recession. We won't…
The declaration of victory by the opposition Movement for Democratic Change this morning was precipitated by the slow and bizarre way in which the Mugabe-appointed Zimbabwean Electoral Commission has been…
While President Bush has indicated he supports Ukraine's membership in NATO, the governments of France and Germany have announced their opposition. That governments would differ is not so unusual. What…
The idea that we can reduce the public school dropout rate simply by measuring it better is misguided. It's like believing that the North Koreans could improve their economy by…
WASHINGTON -- Contrary to political rhetoric, free trade does not cause economic downturns, but in fact it has helped ensure that recessions are "mercifully shorter, shallower, and less frequent" than…
In the presidential and parliamentary elections last Saturday, the people of Zimbabwe appear to have given a resounding victory to Morgan Tsvangirai and his Movement for Democratic Change. In a…
The regulatory news out of Washington is like a Clint Eastwood spaghetti western …
Saturday's elections in Zimbabwe will be rigged in favor of the incumbent. Robert Mugabe, who is chiefly responsibly for destroying Zimbabwe's democracy and economy, cannot afford to lose presidential immunity…
Sen. Clinton wants to force everyone to pay health insurance premiums and to set premiums as a certain percentage of household income, which is just a clever way of converting…
WASHINGTON -- Robert Mugabe will likely remain in power after this weekend's elections despite being largely responsible for Zimbabwe's implosion, finds a study released today by the Cato Institute. "Few people…
The election of Ma Ying-jeou to the Taiwanese presidency is a vote of confidence in cross-Straits economic relations. Mr. Ma's promise to promote closer economic relations with the Mainland is…
The worldwide spread of libertarian ideas continues to advance with the launch of a new project based in the former Soviet Republic of Azerbaijan. AzadliqCiragi.org ("Lamp of Liberty" in Azerbaijani),…
WASHINGTON -- The United States suffers from an acute shortage of kidneys for transplant, with 73,000 people waiting for deceased donors to make organs available. Allowing compensation for donors, an…
Five years ago, few predicted that the Iraq war would turn out this way. (My Cato colleagues were notable exceptions.) The war's supporters, like Senator John McCain, the…
On or before June 30, the U.S. Supreme Court will weigh in, for the first time in seven decades, on the meaning of the Second Amendment. That was the…
Politicians are panicking and their policies are making things worse rather than better. Whether they're pushing bailouts for Wall Street or easy money from the Fed, they are creating…
The Fed-assisted fire sale of Bear Stearns over the weekend is probably not the last effort to stop a cascade of financial losses due to the collapse of the market…
"Sovereign Wealth Fund" investment, like all foreign investment, benefits the U.S. economy in myriad ways. Accordingly, it should be treated like all foreign investment: welcomed, but also subject to laws…
E-Verify, the program promoted by the Bush administration to reduce illegal immigration, would be ineffective, invasive and costly, finds a study by the Cato Institute. "A full-fledged Electronic Employment Verification (EEV)…
At a time when the United States and Russia are increasingly at odds on major world issues such as Kosovo, Iran and energy security, Washington must shed old illusions about…
WASHINGTON -- "The Russian presidential election is a sad farce and another manipulative operation undertaken by the siloviki regime of secret police officers to hold on to power," says Andrei Illarionov,…
WASHINGTON – The two remaining Democratic presidential candidates take the stage tonight in what could be the final debate before the nominee is decided, and health care is all but…
WASHINGTON -- The Cato Institute's Center for Trade Policy Studies launched a powerful new interactive web feature this week that allows users to access and analyze the trade voting record…
WASHINGTON – Though the idea does not currently have much traction, returning the U.S. dollar to the gold standard could prove superior to the current fiat money system. Lawrence H.…
WASHINGTON -- Climate change is expected to exacerbate a variety of environmental and human health problems. Does this mean we should make sacrifices now to prevent it? In the Cato Institute…
WASHINGTON -- The North Atlantic Treaty Organization (NATO) risks collapse as a result of commitments taken on since the end of the Cold War, according to a study released today…
The Cato Institute has established itself as one of the most international of think tanks with active research and publication programs in nine major languages. On December 12, Cato is…
Long-accepted conventional wisdom has held that wage growth alone can improve the financial condition of Social Security -- that it is possible to "grow our way out" of the program's…
Close to 40 percent of Americans live in states and regions where growth-management planning has reduced housing affordability . According to a new study by the Cato Institute, such planning…
It's among the most divisive, yet fundamental, questions any democracy faces, and it has been at Ground Zero of American politics from time immemorial: How do we educate our children,…
A recent Zogby International survey commissioned by the Cato Institute found that 59 percent of respondents would describe themselves as "fiscally conservative and socially liberal." When the same question was…
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