Jeffrey Miron and Jacob Winter A Senate committee recently advanced a bill that would ban members of Congress from trading individual stocks. Federal law already prohibits federal employees from insider…
Investing
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Adam N. Michel The New Markets Tax Credit (NMTC) program was created to spur private investment in distressed communities. More than two decades later, the results resemble a government-run investment…
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Editor's PickInvesting
One in Five ICE Arrests Are Latinos on the Streets with No Criminal Past or Removal Order
David J. Bier Illegal profiling accounts for a substantial portion of Immigration and Customs Enforcement (ICE) arrests in 2025. While ICE has other tactics to arrest peaceful immigrants—such as during…
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Jai Kedia The US dollar (USD) is the world’s reserve currency and has served as a safe haven for investors from around the world. This status largely reflects the strength…
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Mike Fox Two hundred ninety years ago today, in what would come to be known as a celebrated early example of jury nullification in the New World, a New York…
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Editor's PickInvesting
Trump Accounts Won’t Replace Social Security or Help Americans Build Significant Wealth
Adam N. Michel The newly created Trump Accounts in the One Big Beautiful Bill are being pitched as a way to boost savings, build generational wealth, and possibly replace Social…
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Colin Grabow Seven years ago, the Cato Institute launched its project on reforming the Jones Act—the 1920 law that restricts intra-US water transport to vessels that are US-flagged, US-owned, and…
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Kyle Handley Some tariff supporters have tried to rebrand tariffs as nothing more than a consumption tax, arguing they’re just like the value-added taxes (VATs) that many other countries use.…
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Colleen Hroncich Thales Academy was founded in 2007 by entrepreneur Bob Luddy, who was frustrated when he realized how poorly educated workers in his plant had been. “We had individuals…
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Nicholas Anthony A growing concern has emerged in recent years that stablecoins are secretly central bank digital currencies (CBDCs) in disguise. This concern has grown significantly since President Donald Trump…