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It is one thing to understand economics and quite another to be able to explain how economics works. Those who favor free markets also...
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Peter Van Doren Automobile fuel mileage standards (also known as Corporate Average Fuel Economy or CAFE standards) are back in the news. The Senate...
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Matthew Cavedon In 1995, when petitioner Holsey Ellingburg, Jr., robbed a bank, federal criminal restitution was governed by the Victim and Witness Protection Act...
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Jeffrey A. Singer Over the past several years, different jurisdictions in the US, Canada, and Europe have allowed people who use illicit drugs to...
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David J. Bier On June 26, the National Foundation for American Policy and the Cato Institute hosted a briefing for congressional staffers. I detailed...
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Adam N. Michel The New Markets Tax Credit (NMTC), enacted in 2000, was designed to spur investment in low-income communities by offering tax incentives...
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Stephen Richer Can mail ballots be lawfully accepted after Election Day if they are postmarked on Election Day? This legal question came up 10 days ago when Federal District...
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Jeffrey Miron Lincoln’s Emancipation Proclamation and suspension of habeas corpus; Roosevelt’s Japanese Internment and confiscation of gold; Truman’s desegregation of the armed forces; Eisenhower’s...
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Some Sector Reshuffling But No New Entries/Exits Despite a backdrop of significant geopolitical events over the weekend, the market’s reaction appears muted — at...
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Our socialist transit systems are an ongoing failure made worse by even more government intervention. We should not be surprised, then, when political leaders...
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The S&P MidCap 400 SPDR (MDY) is trading at a moment of truth as its 5-day SMA returns to the 200-day SMA. A bearish...
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Monetarists and rational expectations economists believe that if monetary policy is transparent, then increases in the money supply will not have negative effects. The...
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Contrary to the narrative pushed by those who want more easy money, there is no monetary deflation or disinflation and the money supply continues...
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