Growing numbers of legislators and policy experts charge that tech firms such as Amazon, Google, Facebook, Apple, and Microsoft are “monopolies” with the potential power to harm consumers. A new study from Cato scholar Ryan Bourne suggests that we should be extremely skeptical about predictions of entrenched monopoly power. Over the past century, large businesses operating in industries similar to today’s tech firms were regularly labeled as unassailable monopolies, but all saw their market shares disintegrate in the face of innovative new products and companies.
Until very recently, sports betting was regulated — and banned in most states — by federal law. Last year, however, the Supreme Court ruled in Murphy v. NCAA the law was unconstitutional because it dictated what state law could and couldn’t be in this area. States now have the opportunity to make their own laws on sports betting for the first time in a quarter of a century, and Congress likewise is deciding if and how to regulate sports betting directly. In a new brief, Cato scholar Patrick Moran recommends that Congress employ federalism as a guiding principle when considering new legislation.
Instead of fighting to hand over Western lands to the states, Trump signs a bill to buy up more of it.
Our founding fathers were an optimistic bunch. They thought that abstract ideas mattered, that fact-based political discourse was not only possible but persuasive, and that a nation could be founded on the not yet fully realized ideal of human liberty.
Strong productivity growth, not pump priming, is what we need to deliver rising wages and better living standards.
As rightly observed by Justice Gorsuch, Auer emerges “maimed and enfeebled.”
Supply-side economics, on net, has improved both economics and the world for the better.
July 17, 2019
![Chelsea Follett discusses the article, "Are Americans Really Worse off Than in the 1970s?," on WPRO's The Matt Allen Show](https://object.cato.org/sites/cato.org/files/styles/resp__img__multimedia-sides-2x/s3/multimedia/radio-highlight/base_radio_highlight2.jpg?itok=DTdJ3khb×tamp=1416498411 "Chelsea Follett discusses the article, "Are Americans Really Worse off Than in the 1970s?," on WPRO's The Matt Allen Show")
July 17, 2019
July 17, 2019
July 14, 2019
By Julio Elias, Nicola Lacetera, and Mario Macis. Research Briefs in Economic Policy No. 172. July 17, 2019.
By Claus Thustrup Kreiner, Daniel Reck, and Peer Ebbesen Skov. Research Briefs in Economic Policy No. 169. June 26, 2019.
By Adam Fremeth, Brian Richter, and Brandon Schaufele. Research Briefs in Economic Policy No. 167. June 12, 2019.
By Chris Edwards. Policy Analysis No. 868. May 20, 2019.
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 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.
When was the last time you were truly energized by ideas? Cato’s self-paced, home study program enables you to spend time with brilliant minds wherever and whenever you have an opportunity to listen and think.
Libertarianism.org is a resource on the theory and history of liberty, broadly construed. Libertarianism takes many forms and the blogs, essays, and videos here explore them all. None of the views expressed at Libertarianism.org should be taken to represent the position of the Cato Institute or its scholars.
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