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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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(From the entry on “Money,” by Charles Francis Bastable, in the famous 11th edition of the Encyclopedia Britannica): The very large number of the...

Investing

Today, inflation has reached a 40-year high, in response to fiscal profligacy and accommodative monetary policy.  Direct cash payments to individuals and businesses in...

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