Eric Gomez and Benjamin Giltner There were multiple developments in US security assistance to Taiwan in September 2024, but the size of the arms sale backlog did not change from…
Michael F. Cannon President Joe Biden has touted how the Inflation Reduction Act (IRA) gives Medicare the power to negotiate lower drug prices. He has boasted that this new authority…
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 Phil Levy, explains that the trade…
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, in part: I don’t want my…
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 as psychosis. This evidence, however, does…
Romina Boccia Congress will soon consider the repeal of the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which would unfairly increase benefits for individuals with earnings that weren’t…
Alex Nowrasteh In the October 1 vice-presidential debate, Senator JD Vance (R‑OH) said, “Look, in Springfield, Ohio and in communities all across this country … you have got housing that…
Walter Olson Number three in our series of occasional roundups on election law and policy: “Misinformation spreads after 750,000 names removed from North Carolina voter rolls. Here are the facts.”…
Scott Lincicome Skeptics routinely mention “cheap t‑shirts” from abroad as an insufficient counterweight to globalization’s supposed costs. This argument, however, misunderstands the modern global economy and the many people here and…
Jeffrey Miron Insider trading is the purchase or sale of securities—typically stocks or bonds—by someone with material non-public information (MNPI) about these companies. MNPI is corporate news or information that…