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  • Editor's PickInvesting

    Bankruptcy, Hell, and Exit Barriers

    by August 27, 2025
    August 27, 2025

    Jeffrey Miron A widely endorsed view of markets holds that “capitalism without bankruptcy is like religion without hell.” Thus, as new research notes, [B]arriers…

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  • Editor's PickInvesting

    Trump’s DC Death Penalty Crusade Threatens More Tyranny of the Minority

    by August 26, 2025
    August 26, 2025

    Matthew Cavedon By all appearances, the death penalty is highly unpopular in the District of Columbia. The last person the city executed was…

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  • Editor's PickInvesting

    600,000 Chinese Students Would Be a Windfall for the United States

    by August 26, 2025
    August 26, 2025

    Neal McCluskey and Kayla Susalla In maybe a surprise move, President Donald Trump on August 25 said he would allow 600,000 Chinese students to…

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  • Editor's PickInvesting

    New Cato Paper: Immigrants Cut Victimization Rates, Boost Crime Reporting

    by August 26, 2025
    August 26, 2025

    David J. Bier Many people believe that immigrants increase crime, and they are extremely reluctant to accept the mountains of evidence that prove…

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  • Editor's PickInvesting

    A Paper Tiger on Burning Flags? Not So Fast

    by August 26, 2025
    August 26, 2025

    Matthew Cavedon On August 25, President Trump issued an executive order regarding burnings of the American flag. Media criticism was swift. MSNBC declared,…

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  • Editor's PickInvesting

    The AI Action Plan: The Risks of Federal Ideological Bias Action

    by August 25, 2025
    August 25, 2025

    Matt Mittelsteadt In late July, the White House released its AI Action Plan. As I noted in part one of this series, policy…

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  • Editor's PickInvesting

    Trump’s Blast of Hot Air on Flag Burning

    by August 25, 2025
    August 25, 2025

    Walter Olson So far as I can see, Trump’s Executive Order today denouncing flag burning is a legal nothingburger. Under the Supreme Court’s…

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  • Editor's PickInvesting

    The Price of Freedom: The True Cost of Pretrial Detention

    by August 25, 2025
    August 25, 2025

    Mike Fox As a former public defender, I represented hundreds of poor individuals relegated to cages, having never been convicted of a crime,…

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  • Editor's PickInvesting

    Patients Using Popular Meds May Face a Tariff Hit: US–EU Trade Deal Targets Branded Drugs Like Ozempic and Wegovy

    by August 25, 2025
    August 25, 2025

    Jeffrey A. Singer Patients taking popular GLP‑1 drugs like Ozempic and Wegovy could face higher costs as new tariffs hit European-made branded medicines…

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  • Editor's PickInvesting

    Tariff “Inclusion” Process Comes with High Costs, Absurd Outcomes, and Extra Cronyism

    by August 22, 2025
    August 22, 2025

    Scott Lincicome and Alfredo Carrillo Obregon At 4:00 p.m. on Friday, August 15, the Trump administration quietly announced that imports of more than 400…

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