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…
New Defending Globalization Content: A Case Against World Government and the First Age of Globalization
Scott Lincicome Today we’ve published two new essays for Cato’s Defending Globalization project: A Cosmopolitan Case against World Government, by Ilya Somin explains why support for globalization and opposition to…
It Is Time to Treat Higher Education as the Business It Is
By separating the producer-consumer relationship that is applied to private goods and services, government regulations and “oversight” has transformed higher education for the worst. It’s time to restore that proper…
Regulation is Europe’s Key Leverage in Global Tech Industry
Emma Hopp While the timeline for the EU’s Digital Markets Act (DMA) was lengthy, spanning more than three years from proposal to effective date, its impact was immediate on the…
The Reality of Human Action
Human action is not a figment of our imaginations, nor is it a social construct. Praxeology describes real and purposeful actions by people who act on what they know or…
It Didn’t Begin with LBJ: How the US Became a Transfer Society
In this review of The Birth of the Transfer Society, by economists Terry Anderson and Peter Hill, Eduard Bucher looks at the origins of transfer policies in the US and…
Government Officials Should Not Try to Influence Social Media
Jeffrey Miron and Jacob Winter The Supreme Court recently threw out a case alleging that Biden administration officials unlawfully pressed social media companies to remove COVID-19-related disinformation. The court found…