In the Lake Wobegon Fantasy World, All Investments Make Money

By Daniel J. Mitchell

I sometimes wonder whether journalists have the slightest idea of how capitalism works. In recent weeks, we’ve seen breathless reporting on the $2 billion loss at JP Morgan Chase, and now there’s a big kerfuffle about the falling value of Facebook stock. In response to these supposed scandals, there are all sorts of articles being [...]

In the Lake Wobegon Fantasy World, All Investments Make Money is a post from Cato @ Liberty – Cato Institute Blog

Gov. Romney, Federal ‘Incentives’ Mean Federal Power

By Neal McCluskey

In a speech today, presumptive GOP presidential nominee Mitt Romney will lay out the foundations of his education platform. Based on an outline of his proposals released by Education Week this morning, Gov. Romney seems just a little less disinterested in the Constitution — and the 40-plus years of proven federal education failure – than the man he seeks to replace. [...]

Gov. Romney, Federal ‘Incentives’ Mean Federal Power is a post from Cato @ Liberty – Cato Institute Blog

Should International Bureaucracies Get Taxing Powers or Direct Funding?

By Daniel J. Mitchell

Over the years, I’ve strenuously objected to schemes that would enable international bureaucracies to levy taxes. That’s why I’ve criticized “direct funding” proposals, most of which seem to emanate from the United Nations. A scheme to let the United Nations tax services such as air travel. A proposal, pushed by George Soros and other statists, [...]

Should International Bureaucracies Get Taxing Powers or Direct Funding? is a post from Cato @ Liberty – Cato Institute Blog

Why the Worst Get on Top

By David Boaz

Susan Stamberg reports on Martha Gellhorn, “one of the first great female war correspondents,” whose marriage to Ernest Hemingway is being dramatized by HBO next week. Gellhorn had a healthy skepticism toward power: In 1983, a British TV interviewer posed this loaded question to Gellhorn, then 75 and still gorgeous: “I.F. Stone once described governments [...]

Why the Worst Get on Top is a post from Cato @ Liberty – Cato Institute Blog

How to Recognize a Government Contractor, or a Federal Takeover

By Michael F. Cannon

Here’s a poor, unsuccessful letter I sent to the editor of the Washington Post:
“GOP stalls on insurance marketplaces” [May 12] reports that “the conservative firm Leavitt Partners…is working with a …

How to Recognize a Government Contractor, or a Federal Takeover is a post from Cato @ Liberty – Cato Institute Blog

Civil Asset Forfeiture and the ‘Piratical’ State

By Walter Olson

We at the Cato Institute have warned time and time again of the dangers of civil forfeiture laws, which empower law enforcement authorities to seize cars, money, houses and office …

Civil Asset Forfeiture and the ‘Piratical’ State is a post from Cato @ Liberty – Cato Institute Blog

Repeat after Me: There Is No Health Reform but ObamaCare

By Michael F. Cannon

Here’s a poor, unsuccessful letter I sent to the editor of Politico:
An item in Politico’s health care newsletter Pulse [“Today: Christie Vetoes Exchange Or Else,” May 10] told readers that, …

Repeat after Me: There Is No Health Reform but ObamaCare is a post from Cato @ Liberty – Cato Institute Blog

By Edict of King Andrew, New York Employers Will Be Subject to ObamaCare’s Employer Mandate

By Michael F. Cannon

Here’s a poor, unsuccessful letter I sent to the editor of the New York Times:
When Gov. Andrew Cuomo (D) created a new ObamaCare “exchange” by executive order, it was indeed …

By Edict of King Andrew, New York Employers Will Be Subject to ObamaCare’s Employer Mandate is a post from Cato @ Liberty – Cato Institute Blog

It’s Illegal to Say ‘None of Your Damn Business’

By Jim Harper

The government’s troops are rallying behind the Census Bureau’s American Community Survey. “After the House voted this month to defund a major part of the U.S. Census Bureau, the agency …

It’s Illegal to Say ‘None of Your Damn Business’ is a post from Cato @ Liberty – Cato Institute Blog

If You Love Something, Set It Free: A Case for Defunding Public Broadcasting

By Trevor Burrus

Available today is my new policy analysis, “If You Love Something, Set it Free: A Case for Defunding Public Broadcasting.” As a long-time fan of public broadcasting, particularly NPR, it has …

If You Love Something, Set It Free: A Case for Defunding Public Broadcasting is a post from Cato @ Liberty – Cato Institute Blog