Rothbard on Liberty and Free Will
Modern egalitarians play down the idea of free will, claiming that free will is relevant only if individuals have no interference with their choices. Murray Rothbard, on the other hand,…
ESG Undermines Social Welfare
Politicians and hedge funds that push “Environmental, Social, and Governance” (ESG) scores and investing do so with the notion of improving social welfare. What they fail to realize is that…
The Wisdom of Herbert Butterfield
Herbert Butterfield, who taught history at Cambridge, had many insights on the sea changes brought about by World War I and the collapse of the Old World Order. The new…
Three Themes from Cato’s Swing State Foreign Policy Poll
Justin Logan If there’s a lot of ruin in a nation, there can be a lot of BS in a poll. Although campaign veterans and political scientists have learned a…
The Top Five Lessons for the Young Economist
The Mises Institute is creating lessons for young economists to better help them evaluate and interpret economic events. Of course, these lessons also apply to anyone else wanting to be…
Is GDP an Accurate Measure of Reality?
Mainstream economists speak of GDP as though it is the economy itself, however, GDP is not a good measure of economic reality. Instead, it presents a distorted picture of genuine…
The Costs of Mask Mandates
Jeffrey Miron Most of the debate over COVID-19-inspired mask mandates addresses their alleged benefits, such as reduced illness and death; much less focuses on the potential costs. New research, however,…
Governments Had a Major Role in Sustaining Slavery
Despite claims from progressive historians that US slavery was a natural outgrowth of a free market economy, the reality is that slavery would have been much costlier without governments—federal and…
NEW POLL: WI, PA, & MI Voters Believe US Is Too Involved in Foreign Wars and World Affairs, Most Worry WWIII Approaching
Emily Ekins A new Cato Institute survey of 1,500 Americans conducted by YouGov in the crucial swing states of Pennsylvania, Michigan, and Wisconsin finds exhaustion with the current course of…