By Daniel J. Mitchell
When Ronald Reagan said that big government undermined the economy, some people dismissed his comments because of his philosophical belief in liberty. And when I discuss my work on the economic impact of government spending, I often get the same reaction. This is why it’s important that a growing number of establishment outfits are slowly [...]
Data in New World Bank Report Shows that Large Public Sectors Reduce Economic Growth is a post from Cato @ Liberty – Cato Institute Blog
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By Marian L. Tupy
The World Bank has come out with a wonderful short video explaining the benefits of trade liberalization among African countries: Cato has addressed that topic in a 2005 paper: [Accordingly,] in 1997 SSA countries levied an average applied tariff of 34 percent on agricultural exports from other SSA countries. Industrial countries, by contrast, imposed an [...]
The World Bank Backs African Trade Liberalization is a post from Cato @ Liberty – Cato Institute Blog
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By Chris Edwards
Like other government hand-out programs, the unemployment insurance system suffers from a substantial fraud problem. The Washington Post reports that 90 D.C. city employees and 40 former employees are being investigated for grabbing UI benefits to which they were not entitled. The cost of this fraud has been about $800,000 since 2009. It’s not hard to rip-off [...]
Unemployment Insurance Fraud: Chile Has Solution is a post from Cato @ Liberty – Cato Institute Blog
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Josefina Vázquez Mota won the nomination of the incumbent National Action Party (PAN) for Mexico’s upcoming presidential election. Most of the coverage in the international media today focuses on how she is the first woman to have a real shot at Los Pinos (the official residence of the president of Mexico). However, the real story [...]
Mexicans Deserve Substance Over Style in Presidential Race is a post from Cato @ Liberty – Cato Institute Blog
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After much wrangling and consternation, the Greek government has agreed to the latest round of “drastic austerity measures,” the most significant of which is the promise to cut 15,000 government jobs. In return, the Greeks will receive 130 billion euros ($170 billion) of European bailout money to keep the Greek state afloat and, crucially, in [...]
Cutting the Government—Greek Style is a post from Cato @ Liberty – Cato Institute Blog
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Is it April Fool’s Day? Has somebody in Paris hacked the website at the Organization for Economic Cooperation and Development? Have we been transported to a parallel dimension where up is down and black is white? Please forgive all these questions. I’m trying to figure out why any organization—even a leftist bureaucracy such as the [...]
Acting as the Typhoid Mary of the Global Economy, the OECD Urges Higher Taxes in Latin America is a post from Cato @ Liberty – Cato Institute Blog
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We at Cato enjoy citing Frederic Bastiat’s 1845 classic of free-trade pamphleteering, the “Petition of the Candlemakers,” which addresses the French Parliament as follows: …We are suffering from the ruinous competition of a rival who apparently works under conditions so far superior to our own for the production of light that he is flooding the [...]
France: Google’s Free Map Service Unfair To Commercial Map Sellers is a post from Cato @ Liberty – Cato Institute Blog
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By Juan Carlos Hidalgo
Panama is in turmoil due to the efforts of President Ricardo Martinelli to resurrect a defunct specialized court within the Supreme Court that would allow him to pack that body and possibly pave the way for his reelection. First, some context: The nine-Justice Panamanian Supreme Court is divided in four specialized courts dealing with specific [...]
A Brewing Institutional Crisis in Panama is a post from Cato @ Liberty – Cato Institute Blog
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By Marian L. Tupy
The European leaders’ meeting in Brussels yesterday will likely fail to reassure the financial markets. First, the intergovernmental agreement on stricter budget controls among the members of the eurozone will …
The EU Summit Will Fail to Calm Markets is a post from Cato @ Liberty – Cato Institute Blog
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By Walter Olson
Pietro Ichino, a professor of labor law at the University of Milan and a senator in the Italian legislature, is known as the author of several “neoliberal” books and studies …
Labor Law Professors Defy Death Threats in Italy is a post from Cato @ Liberty – Cato Institute Blog
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