Do Public Schools Serve Everyone?
Colleen Hroncich One of the most prevalent claims by opponents of school choice is that “public schools serve everyone.” This is asserted on social media, in commentaries, on yard signs,…
No Customers, No Success: The Postal Banking Failure Exposed
Nicholas Anthony It has been three years since the postal banking pilot program made headlines in 2021, but it hasn’t had a single customer in at least two years (Table…
The Debt Delusion: Why Modern Monetary Theory Is a Luxury Belief
Romina Boccia While Fed Chair Jerome Powell made the rounds on Capitol Hill this week, discussions about the Federal Reserve’s expectations for inflation have once again come to the forefront.…
Powell v. SEC: Judges Should Strike Down the SEC’s Unconstitutional “Gag Rule”
Thomas A. Berry, Brent Skorup, and Christopher Barnewolt Americans pride themselves on their freedom to criticize the government. Indeed, there is widespread agreement that the First Amendment was added to…
Prohibition Kills
Jeffrey Miron Over the past few years, multiple claimants have accused opioid manufacturers and related companies of misleading patients and doctors into believing their products are relatively safe; this allegedly…
Election Policy Roundup
Walter Olson Here’s a roundup of election law and policy items I wish there were time to do as single posts: Confirming the intuitive: when people are lied to about…
Taiwan Arms Backlog, June 2024: First Arms Sales to the Lai Ching-te Administration and New Information about Delays
Eric Gomez and Benjamin Giltner The backlog of US arms sales to Taiwan grew in June 2024 to $20.5 billion, an increase of almost $840 million from the previous month.…
The Fate of Millions of People with PTSD Is in the Hands of the FDA
Jeffrey A. Singer Last month, an advisory panel convened by the Food and Drug Administration reviewed the results of phase 3 clinical trials of MDMA (midomafetamine, known colloquially as “ecstasy”…
Is Argentina’s Sale of Puts on Treasury Bonds Less Risky than Dollarization?
Daniel Raisbeck During his speech at a June 12 event in Buenos Aires, held by the Cato Institute and local think tank Libertad y Progreso, Argentina’s President Javier Milei pointed…
New Paper Examines Jones Act’s Cost to Puerto Rico
Colin Grabow Perhaps no part of the United States is more impacted by the Jones Act than Puerto Rico. Thanks to the 1920 law, the struggling territory’s approximately 3.2 million people must…