Jeffrey A. Singer At today’s White House ceremony, President Trump signed an executive order requiring the Drug Enforcement Administration to reschedule cannabis from a Schedule I controlled substance to a…
Investing
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Chris Edwards and Yasmeen Kallash-Kyler When you ask people which are the most corrupt states, New Jersey is often mentioned along with perhaps Illinois and Louisiana. We found here and here that…
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Romina Boccia and Tyler Turman The Supplemental Nutrition Assistance Program (SNAP) served 41.7 million Americans on average each month at a cost of roughly $100 billion in fiscal year 2024.…
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Editor's PickInvesting
Oklahoma Spared Tremane Wood’s Life. His Case Highlights Everything Wrong with Criminal Trials in America.
Matthew Cavedon Oklahoma prisoner Tremane Wood was set to be executed on November 13. Instead, last-minute clemency from Governor Kevin Stitt saved his life. Despite this welcome news, Tremane’s case…
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David J. Bier President Trump signed a new proclamation that bans nearly all legal immigration from about 40 countries, covering about one in five legal immigrants from abroad and nearly…
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Editor's PickInvesting
DOGE Produced the Largest Peacetime Workforce Cut on Record, but Spending Kept Rising
Alex Nowrasteh and Krit Chanwong The Department of Government Efficiency (DOGE) first set a goal to balance the budget by cutting $2 trillion in waste, fraud, and abuse. This goal…
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Adam N. Michel Over the last few weeks, a wave of headlines has painted a similar story: the One Big Beautiful Bill Act (OBBBA) has handed corporate America a massive…
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Tad DeHaven In an interview with the Wall Street Journal over the weekend, the president confirmed that he’s considering taking equity stakes in defense companies—“he” being the federal government. Trump…
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Editor's PickInvesting
HC v. Chudzik Brief: Court Gamesmanship Should Not Excuse Violations of the Right to Bail
Matthew Cavedon When defendants in criminal cases are arrested in Lancaster County, Pennsylvania, they appear before magisterial district judges to be arraigned. Judges set the amount of cash bail at…
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Romina Boccia and Ivane Nachkebia The Cato Institute recently conducted a nationally representative Social Security survey of 2,000 Americans, exploring their attitudes toward the program, their understanding of how it…
