Jeffrey Miron Many prosecutors run on reform platforms, which advocate lessened charges for low-level offenses. New research uses variation in the timing of when reform prosecutors took office across the…
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Dan Greenberg Earlier this week, President Trump’s pressure campaign accomplished a long-time goal: Colorado Governor Jared Polis commuted the sentence of Tina Peters, a former county clerk who had been…
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Editor's PickInvesting
It’s Time to Curb the Consumer Financial Protection Bureau’s Subpoena Superpower
Solveig Singleton The Consumer Financial Protection Bureau (the Bureau) regulates banks and other financial services. The Dodd-Frank Act gave the Bureau the power to demand documents and other evidence from…
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Marcos Falcone On May 15, the Cato Institute hosted a policy forum titled “Has the Time Come for Dollarization in the Americas?” featuring John Cochrane (Hoover Institution), David Malpass (former…
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Matthew Cavedon Last week, I blogged in support of reviving private criminal prosecutions. The state’s monopoly on bringing criminal charges arose late historically and prosecutors have often failed to show…
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Michael F. Cannon (Source: Jfinch, Wikimedia Commons) Suppose Congress funds Social Security entirely by taxing the wealthy, who would never spend money in a casino. Then Congress gives that money…
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Editor's PickInvesting
Sheriffs and Commonwealth’s Attorneys Can Sue to Block Virginia’s “Assault Weapons” Ban
Matthew Cavedon On May 17, Commonwealth Attorney G. Ryan Mehaffey sent the Spotsylvania County sheriff a letter saying Virginia’s new ban on “assault weapons” violates the Second Amendment and “cannot…
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Molly Nixon The Constitution’s framers recognized that the pardon power was liable to abuse, but they rejected proposed constraints on it—trusting, as Alexander Hamilton predicted in Federalist 74, that vesting…
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Jeffrey Miron The One Laptop Per Child program was supposed to bridge the digital divide for children in developing countries. To assess the long-term effects of the program, one study…
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Editor's PickInvesting
Immigration Studies Director David J. Bier Testifies Before the House Judiciary Committee
David J. Bier You can find my written testimony here. The video below gives my prepared remarks: Chairman McClintock, Ranking Member Jayapal, and distinguished members of the subcommittee, thank you…
