New Immigration Executive Order Still Flawed

President Trump has signed a new executive order temporarily banning all immigration from several majority-Muslim countries. The entire point of the new order is to place his ban on more secure legal footing, but according to Cato scholar David Bier, in several respects, the new order actually undermines the defenses that he has given over the past month.

Curse or Blessing? Institutions and Success in Resource-Rich Economies

Although more than half a century has passed since the creation of the Organization of the Petroleum Exporting Countries (OPEC) and its redistributive model of “resource nationalism,” many OPEC countries have not lived up to expectations and have not experienced an acceleration of growth. In general, the results were negative: private investment was crowded out, rent-seeking and corruption increased, and overall productivity fell. In a new paper, Peter Kaznacheev explains how the quality of institutions determines whether natural resource abundance is a blessing or a curse.

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The Beautiful Tree: A Personal Journey Into How the World’s Poorest People Are Educating Themselves

The Beautiful Tree: A Personal Journey Into How the World's Poorest People Are Educating Themselves

In The Beautiful Tree, James Tooley braids together personal experience, community action, and family devotion, and takes readers to the very heart of education. Tooley journeys from Africa to China, sharing insights from children, parents, teachers, and entrepreneurs who taught him that the poor are not waiting for educational handouts. They are building their own schools and learning to save themselves.

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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.

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