- “Earned Income Tax Credit: Small Benefits, Large Costs,” by Chris Edwards and Veronique de Rugy
What makes the sharing economy so successful is that it allows users to more easily engage in voluntary exchange by dramatically reducing transaction costs (costs that prevent a transaction from taking place).
It’s elementary economics that higher taxes don’t always mean more revenue.
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By Jeffrey Miron. White Paper . January 26, 2016.
By Jonathan Meer and Jeremy West. Research Briefs in Economic Policy No. 40. December 9, 2015.
By Jeffrey Miron. White Paper . December 8, 2015.
By Chris Edwards and Veronique de Rugy. Tax and Budget Bulletin No. 73. October 14, 2015.
Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies. The Libertarian Mind is the ultimate resource for the current, burgeoning libertarian movement.
To encourage people everywhere to better understand and appreciate the principles of government that are set forth in America’s founding documents, the Cato Institute published this pocket-size edition.
With the tragedies in Denmark and Paris, self-censorship in the face of intimidation and the nature of free speech are at the forefront of public debate. No one knows this debate better than Flemming Rose, the editor of the Danish newspaper that published the cartoons of the prophet Muhammad in 2005 that set off a global firestorm. In Tyranny of Silence, published by the Cato Institute, Rose offers a deeply personal look at attempts to limit free speech in a multireligious, culturally borderless world.
This website is designed to help policymakers and the public understand where federal funds are being spent and how to reform each government department. It describes the failings of federal agencies and identifies specific programs to cut. It also discusses the systematic reasons why government programs are often obsolete, mismanaged, or otherwise dysfunctional.