Silver isn’t a “Giffen good.” It’s a case of shifting demand, not broken economics.
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Colleen Hroncich “Phew!” That’s the sound echoing around Idaho today after the state supreme court ruled yesterday in favor of the new Idaho…
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Jeffrey Miron President Trump’s suspension of immigrant visas for 75 countries took effect on January 21. The pause affects those who seek to immigrate…
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Editor's PickInvesting
Restoring the NIH Mission: Some Good News, Some Not-So-Good News, and Some Really Bad News
John F. Early and Terence Kealey In our Cato working paper “Mission Lost: How NIH Leaders Stole Its Promise to America,” Terence Kealey…
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Colleen Hroncich Although she had a long career teaching in public schools, Genevieve Hinnant saw that her kids needed something else. Her third-grade…
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World News
Brazil’s Social Function Trap: When Property Becomes Conditional, Markets Become Political
While Brazil calls itself a constitutional democracy that has a market economy, private property and markets themselves are subject to conditions set by…
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Understanding history is not about understanding formulas or narratives. Instead, we must understand the people who made history, their motives, and their goals.
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World News
Machiavelli Is Dead: Why Politics Without Property Rights, Rules, and Moral Limits Cannot Work
Modern political economy is based upon a Machiavellian belief in might makes right. Yet, political power cannot accomplish what free markets and private…
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Economist Robert Barro has questioned the necessity of fighting a war in this country to end slavery. In this week’s Friday Philosophy, Dr.…
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Ryan McMaken of the Mises Institute and Christopher Calton of the Independent Institute talk about why politicians want higher home prices. Even Trump…