Politics
William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the...
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Clark Packard and Alfredo Carrillo Obregon The authors thank Cato Institute intern Saamiya Laroia for her substantial contributions to the research and writing of...
When presidents Trump and Putin meet this Friday, the political and military landscape is much different than it was when war broke out more...
William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the...
The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is...
Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better,...
Ours in an age when people panic, sometimes for good reasons but often for bad. Governments benefit from panicked citizenry, which is why we...
Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to...