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Jeffrey Miron A common critique of marijuana legalization asserts that marijuana use causes mental illness. Numerous studies document a correlation between use and conditions such...

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Scott Lincicome Today we’ve published three new essays for Cato’s Defending Globalization project: “The Trade Balance and Winning at Trade,” by Andreas Freytag and...

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Kayla Susalla During the October 1 vice-presidential debate, when asked about holding parents accountable for mass shootings in schools, Sen. JD Vance (R‑OH) responded,...

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Nicholas Anthony As more people have become aware of the risks of central bank digital currencies (CBDCs), more people have become confused between CBDCs...

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Adam N. Michel Foreign investment in low‐​tax countries complements U.S. production and expands global investment. Low‐​tax countries are often derided for either attracting illusory...

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Jeffrey Miron and Jacob Winter This article appeared on Substack on May 30, 2023, and an earlier version appeared under Jacob Winter’s byline in...

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Romina Boccia and Dominik Lett The federal government will spend $6.3 trillion in 2023, 27 percent is discretionary and 73 percent is mandatory. Discretionary...

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