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A Different Look at After-Tax Income Inequality

ALAN REYNOLDS, CATO INSTITUTE Every presidential candidate promises to “reduce income inequality” by raising tax rates on the rich and increasing transfer payments (including tax...

Sanders Feels the Bern on Hourly Wage Demands

RYAN BOURNE, CATO INSTITUTE You really couldn’t script it. Faced with campaign staff complaining their hourly wages are too low, 2020 presidential candidate Senator Bernie Sanders (D-VT), he...

American Indians: Washington Post Misses the Real Story

CHRIS EDWARDS, CATO INSTITUTE The Washington Post magazine has a lengthy piece on American Indian policy, focusing on the challenges faced by people living on reservations. The cover story...

The Ruins of Old Tech Monopolies

WALTER OLSON, CATO INSTITUTE Look on my works, ye Mighty, and despair! Mar 2000: Palm Pilot IPOs at $53 billion Sep 2006: “Everyone’s always asking me when...

Housing Prices, Supply, and Innovation

CHRIS EDWARDS, CATO INSTITUTE Housing prices have soared in many U.S. and international cities, which has generated affordability problems for middle- and lower-income families. An article...

Private Satellite Firm Aids Boeing 737 Investigation

CHRIS EDWARDS, CATO INSTITUTE Canada privatized its air traffic control (ATC) system in 1996. Today, Nav Canada is on the leading edge of ATC innovation...

Lightbulb Efficiency Standards

PETER VAN DOREN, CATO INSTITUTE The Washington Post recently criticized the Trump administration for proposing to eliminate an Obama administration rule that would extend minimum lightbulb energy efficiency standards...

Subsidizing Passenger Rail Makes Little Sense

CHRIS EDWARDS, CATO INSTITUTE A Wall Street Journal article on an upgrade to a Midwest rail line illustrates the shortcomings of pumping tax dollars into passenger rail. Amtrak’s route...

In Defense of Incrementalism: A Response to Prof. Greve’s Proposal for Administrative Courts

WILLIAM YEATMAN, CATO INSTITUTE For “anti-administrativists” like myself, what’s the best way to reform the administrative state? In a provocative post at Law & Liberty, Professor Michael Greve...

Oregon’s Rent Control Bill Would Ultimately Please Nobody

RYAN BOURNE, CATO INSTITUTE The Oregon Senate has passed a rent control bill that would limit annual rent increases to 7 percent above the annual change in...

No, Passenger Trains Don’t Work in Europe & Asia Either

RANDAL O'TOOLE, CATO INSTITUTE On January 23, the Wall Street Journal reviewed my recent book, Romance of the Rails, calling it an “exhaustively researched exploration of America’s passenger-rail story.”...

The State of the New German Minimum Wage

RYAN BOURNE, CATO INSTITUTE Germany introduced a new economy-wide minimum wage for the first time in 2015, at a relatively high rate of €8.50 ($9.67...

Proposition 10: Rent Control in California

WALTER OLSON, CATO INSTITUTE Proposition 10 on the California ballot would empower local governments around the Golden State to institute more and stricter rent control....

The Warren Plan and the History of Corporate Chartering

WALTER OLSON, CATO INSTITUTE Sen. Elizabeth Warren’s proposal for drastic changes to corporate governance, which I wrote about in this space last week, continues to draw thoughtful...

CAFE Standards Freeze IS Sound Policy Decision

PETER VAN DOREN, CATO INSTITUTE Last week the Trump administration announced its intent to freeze Corporate Average Fuel Economy standards (CAFE) at 2020 levels. Rules...
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Talking Tax Reform with Nick Gillespie

CHRIS EDWARDS, CATO INSTITUTE Last week I sat down to talk tax reform with Nick Gillespie, the editor-in-chief of Reason.com and an all-around guru of...

Should Doctors Try to Alleviate Pain

DAVID BOAZ, CATO INSTITUTE The rising level of deaths from opioid overdoses is getting a lot of attention, including from a Nobel laureate economist and...

Hurricanes and USAs

CHRIS EDWARDS, CATO INSTITUTE Congress may loosen 401(k) rules to allow Harvey and Irma victims to access their retirement savings without the usual 10 percent...

New Frontiers in Regulatory Overreach

SIMON LESTER, CATO INSTITUTE In most cases, excessive regulation doesn’t surprise me all that much.  It usually focuses on familiar industries, such as automobiles.  So,...

The Federal Reserve’s “Foreign Banking Organization” Rule Is Unnecessary

LOUISE BENNETTS, CATO INSTITUTE Last November, Arthur Long and I released a policy study on the likely impact of the Federal Reserve’s 2012 “Foreign Banking...