One of the Austrian arguments against using mathematics to model economic phenomena is that there are no constants in economics, as things always are changing.

Mark Thornton presents a timely interview with Elijah K. Johnson that underscores how quickly “melt-ups” can flip into sharp corrections.

Jon Hoffman In 2026, the Cato Institute will host its ninth annual Junior Scholars Symposium (JSS), a paper workshop for graduate students on policy-relevant topics related to international security and…

Will the Make America Healthy Again (MAHA) succeed? If the regulatory story of DDT is a prime example of government regulation in action, then the answer is a resounding no.

Matthew Cavedon Don Lemon. (Wikimedia Commons, Neon Tommy) Former CNN anchor Don Lemon was arrested last week after entering a Minnesota church and covering protesters who disrupted a service there;…

Democratic Sen. Tammy Duckworth of Illinois fired back at Vice President JD Vance after he likened her sparring session with Secretary of State Marco Rubio during a Senate Foreign Relations…

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Thanks to the Federal Reserve, the US government will always have enough printed money to fund it tyrannical schemes.

Robert A. Levy In earlier posts—February 25, 2025, May 20, 2025, and June 21, 2025—I examined proposals by Donald Trump to enlarge his own powers and those of the executive…

Federal Reserve Chair Jerome Powell warned Wednesday that a Supreme Court showdown over sitting Fed governor Lisa Cook could have far-reaching consequences for the central bank’s independence and the U.S.…