Chris Edwards

Apollo 11: A Rare Federal Success

CHRIS EDWARDS, CATO INSTITUTE NASA’s Apollo 11 blasted off 50 years ago today sending astronauts to land on the moon and return safely to earth....

Boston’s Rail System: Another Government Failure

CHRIS EDWARDS, CATO INSTITUTE The federal government spends $14 billion a year on subsidies for local rail and bus transit. This spending should be zeroed...

Republicans Turn Progressive

CHRIS EDWARDS, CATO INSTITUTE What are the philosophies of the two parties in Congress today? One of them has veered far to the left. The...

Federal Subsidies Micromanage Local Activities

CHRIS EDWARDS, CATO INSTITUTE The federal government spends more than $700 billion a year on 1,386 subsidy programs for state and local activities such schools,...

Postal Service in Crisis

CHRIS EDWARDS, CATO INSTITUTE Mail volumes are falling and the U.S. Postal Service is losing billions of dollars a year while accumulating large liabilities. The USPS...

Freedom Caucus and Spending Cuts

CHRIS EDWARDS, CATO INSTITUTE Federal spending will rise more than 7 percent this year and annual deficits will soon top $1 trillion. The government’s rising...

Federal Subsidies Spur Massive Fraud

CHRIS EDWARDS, CATO INSTITUTE One of the problems with federal hand-out programs is that individuals take advantage of them and scam artists outright loot them....

New Study on Fiscal Federalism

CHRIS EDWARDS, CATO INSTITUTE The federal government spends $750 billion a year on 1,386 different subsidy programs for state and local governments. The number of...

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...

Federal Disaster Spending Boosted by Politics/Population

CHRIS EDWARDS, CATO INSTITUTE Despite rising federal deficits, Congress is set to pass another budget-busting spending bill. This time it is a $19 billion package...

Be Skeptical of Income and Wealth Claims

CHRIS EDWARDS, CATO INSTITUTE As the 2020 presidential election campaign heats up, get ready for a torrent of claims about incomes, wealth, and inequality. The...

Leaving High-Tax Connecticut for Low-Tax Florida

CHRIS EDWARDS, CATO INSTITUTE The exodus of the wealthy from high-tax Connecticut continues, according to the Wall Street Journal: After four years on the market, and three price...

Why is U.S. Government Infrastructure So Costly?

CHRIS EDWARDS, CATO INSTITUTE Tracy Gordon of the Urban-Brookings Tax Policy Center writes interesting columns on taxes, fiscal federalism, and other economic issues. Before Congress...

Tax Rates Rise as Income Rises

CHRIS EDWARDS, CATO INSTITUTE Tax Day is here. In a column about this unhappy day, Christine Emba of the Washington Post provides her views regarding income tax filing...

Did You Get a Tax Cut?

CHRIS EDWARDS, CATO INSTITUTE Federal tax returns for 2018 are due April 15 in most states. With your filing, you can see how your taxes...

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...

Reporters Accept Illogical Gas Tax Narrative

CHRIS EDWARDS, CATO INSTITUTE Here is the framing of countless news articles on infrastructure: the streets have potholes; the federal gas tax has not been...

A.I. Needed to Decipher Tax Code

CHRIS EDWARDS, CATO INSTITUTE The 2017 Tax Cuts and Jobs Act included numerous pro-growth provisions, but it did little to simplify the tax code. Business...

Pearl Harbor Profligacy

CHRIS EDWARDS, CATO INSTITUTE A damaging divide in democracy is between the profusive promises of politicians and the pathetic performances of bureaucracies. Big government schemes...

Government: High Subsidies, Low Satisfaction

CHRIS EDWARDS, CATO INSTITUTE The OECD has released results from a survey of 22,000 people in 21 countries regarding their views of government social programs. Governments in the...

Federal Gas Tax Increase Not Needed

CHRIS EDWARDS, CATO INSTITUTE President Trump’s new budget proposes to increase federal spending on infrastructure by $200 billion over 10 years. Many members of Congress are supportive....

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...

Federal Budget Outlook and Trump Tax Cuts

CHRIS EDWARDS, CATO INSTITUTE President Trump releases his budget for 2020 today. The budget includes major cuts to domestic programs to deal with rising deficits,...

Trump Budget 2020

CHRIS EDWARDS, CATO INSTITUTE The Trump administration has released its federal budget for 2020. The document lays out taxing and spending proposals and provides projections through 2029. The...

Economic Forecasts are Fiction

CHRIS EDWARDS, CATO INSTITUTE The Wall Street Journal reports: ECB economists have cut their economic growth forecast for 2019 to 1.1% from the 1.7% they had expected in...

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...

Governor Inslee Announces for President

CHRIS EDWARDS, CATO INSTITUTE Washington Governor Jay Inslee is throwing his hat in the ring for President of the United States. The central focus of...

Will Congress Let Amtrak Stem Losses?

CHRIS EDWARDS, CATO INSTITUTE The federal government does a lot of things poorly, including trying to run businesses such as an electric utility, a postal system, and...

Federal Transit Aid Harms Cities

CHRIS EDWARDS, CATO INSTITUTE The federal government spends $13 billion a year on subsidies for local rail and bus transit systems. This spending should be...

Markets and Emissions

CHRIS EDWARDS, CATO INSTITUTE In reviewing the Green New Deal, the Wall Street Journal’s Greg Ip says, “Because the private market has no incentive to reduce carbon...