New Study Finds High Costs and Few Benefits from Protectionist Buy American Act
Colin Grabow Some Americans may be surprised to learn (or perhaps not, given trillion-dollar budget deficits) that a federal law requires the government to pay inflated prices for many of…
What is Old School Economics?
When people speak of “old school economics,” they generally mean the application of economic thinking that involves what we might call “common sense.” That would include permitting a price system…
How Maduro Clings to Power
Daniel Raisbeck Venezuela’s 75-year-old president-elect, Edmundo González, fled to Spain on September 8, soon after the Chavista regime issued an arrest warrant against him. González’s exile is the product of…
Hayek on the Welfare State
While F.A. Hayek contributed much to the Austrian School of Economics, he also supported the establishment of the welfare state, believing that it was compatible with the rule of law.…
Hayek on the Welfare State
While F.A. Hayek contributed much to the Austrian School of Economics, he also supported the establishment of the welfare state, believing that it was compatible with the rule of law.…
Pharmaceutical Pricing Around the World
Peter Van Doren The Committee on Health, Education, Labor, and Pensions, chaired by Senator Bernie Sanders (I‑VT), held a hearing on Tuesday in which he asked the CEO of Novo Nordisk…
Friday Feature: Pennsylvania Families for Education Choice
Colleen Hroncich As a mom with six daughters, Sharon Sedlar saw firsthand that one size doesn’t fit all when it comes to education. “At first, my children attended a private…
Javier Milei at Cato Conference: “I’m a Liberal Libertarian … I Don’t Believe Politicians Are Gods”
Michael Chapman During a conference in Buenos Aries sponsored by the Cato Institute and Libertad y Progreso, Argentine President Javier Milei explained why socialism always fails, why big government (the…