Many political leaders and pundits consider wealth inequality to be a major economic and social problem. They complain about a shift of wealth to the top at everyone else’s expense and about plutocrats dominating policymaking in Washington. But is wealth inequality the crisis that some people believe? In a new study, Cato scholars Chris Edwards and Ryan Bourne examine six aspects of wealth inequality and discuss the evidence for the claims being made.
- "Exploring Wealth Inequality," by Chris Edwards and Ryan Bourne
The White House’s decision to stonewall Congress on its impeachment inquiry is a risky strategy, says Cato scholar Gene Healy. It is important to remember that impeachment is not a criminal process, and regardless of where one stands on the merits or politics of impeachment, the administration’s action continues the erosion of separation of powers and expansion of executive power that Cato experts have long derided as a substantial threat to our constitutional order.
- "Trump’s ‘Due Process’ Dodge on Impeachment," by Gene Healy
- "Impeach Me — I Dare You!," by Gene Healy
- "Going Ballistic: What the Democrats’ ‘Subpoena Cannon’ Means for Trump," by Ilya Shapiro
In 2001, the late Nobel laureate Milton Friedman agreed to lend his name to an international award for the promotion of individual liberty: The Milton Friedman Prize for Advancing Liberty. In a statement at the time he said: “Those of us who were fortunate enough to live and be raised in a reasonably free society tend to underestimate the importance of freedom. We tend to take it for granted. It has made us in the West more complacent, so having a prize emphasizing liberty is extremely important.” Presented every other year to an individual who has made a significant contribution to advance human freedom, it will be awarded at the 2020 Milton Friedman Prize for Advancing Liberty Biennial Dinner on May 20, 2020 at Cipriani 42nd Street, New York. The deadline for submitting nominations is November 29, 2019. Save both dates and submit your nomination here.