Scott Lincicome Today, President Joe Biden blocked Nippon Steel’s proposed acquisition of US Steel on the grounds that “there is credible evidence” the Japanese steelmaker “might take action that threatens…
Investing
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Editor's PickInvesting
New Defending Globalization Content: Globalization and Women and Economists’ Changing Views on Trade and Development
Scott Lincicome Earlier this week, we published two new essays for Cato’s Defending Globalization project: “Globalization Helps Women Thrive,” by Christine McDaniel, explains that trade and foreign investment have boosted…
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Andrew Gillen Note: This post updates last month’s post, and given recent developments will be the last monthly update. The biggest changes from last month include: The Biden administration has abandoned…
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Editor's PickInvesting
Shaken Baby Syndrome: A Hypothesis That Keeps Sending Innocent People to Prison
Jeffrey A. Singer ProPublica has released a detailed report about the controversy surrounding the shaken baby syndrome hypothesis. Reporter Pamela Colloff chronicles the travails of Nick Flannery, an IT specialist…
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Michael F. Cannon A while back, after several conversations with Ezra Klein that afforded me a window into how his mind works, I made this prediction: I have sensed this…
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Romina Boccia and Ivane Nachkebia As part of the Cato Institute Report to the Department of Government Efficiency (DOGE), we submitted the following recommendations to address the looming Social Security…
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Clark Neily Imagine you were operating a shark-diving charter boat in Florida and came across a long fishing line that you believed to be the work of poachers. You haul…
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Editor's PickInvesting
Questioning the Housing Crisis: Americans Regularly Move to High Density Areas
Norbert Michel and Jerome Famularo In the aftermath of the COVID-19 pandemic, the United States experienced a much higher rate of inflation than at any time during the prior few…
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Robert A. Levy On a fairly regular basis, Americans are warned that the federal government may no longer be able to meet its legal obligations if the debt ceiling isn’t…
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Tad DeHaven Greenfield investment occurs when a foreign company establishes (or expands) a business in the US. Most foreign direct investment (FDI) in the US are acquisitions. However, the “US…