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…
Enough Already: Stop Provoking Russia
The Ukraine war rages on and while the media and political classes repeat the “Putin started it” mantra, the evidence points elsewhere. The US government and its European allies have…
Three out of four cars sold in 2023 were equipped with embedded telematics systems
According to a new research report from the IoT analyst firm Berg Insight, the number of telematics service subscribers using embedded systems will grow at a compound annual growth rate…
Do Financial Markets Immediately Provide All Relevant Information?
The Perfect Market Hypothesis claims that all movements in the market can be considered as random, as market players and prices adjust immediately to new information. However, market players do…
New “Engels” on Marx
It is understood that Marx’s theories stand entirely upon his Labor Theory of Value. If that theory is discredited, so is the scenario that leads to the inevitable triumph of…