California bill would create interstate market for marijuana
While the federal government continues to pursue marijuana prohibition, the states continue to lead. And one piece of legislation in California could pose the most serious challenge yet to the…
The woke tapes
There’s been a lot of debate about “wokeness” in the country, but not enough real examples of what this catch-all term for things some people don’t like really does…let alone…
The Great Resignation? More like the Rise of Entrepreneurs
Where did all the workers go? It’s a question economists and politicians are still trying to unravel. Popular bromides on the right and left about unemployment benefits seem to be…
Facebook’s tumble is a sign competition is alive and well
The major political parties can agree on one thing: they despise so-called “Big Tech” companies. The reasons vary, but the list of proposed remedies is remarkably similar – break those…
The big difference between being pro-market and pro-business
There’s a rhetorical rift building between conservatives and classical liberals over what, if anything, to do about big business. While this debate requires setting aside the populism that’s replaced old-line…
How busting price gougers makes shortages worse
Politicians love to issue press releases saying they nabbed another heartless price gouger who ripped off customers during a recent spate of bad weather/emergency/other supply chain crunch. But as Cato’s…
Autocrats are not the answer to economic prosperity
It shouldn’t have to be said, but here goes: autocracies are not models for economic prosperity. Why? Because dictators aren’t interested in enriching people…save for themselves…and forget about individual or…
King Coal isn’t dead yet
The road to an all-renewable energy future is still filled with potholes, as there now appears to be a shortage of that most hated of all fossil fuels, coal. Coal…
Elizabeth Warren’s economic illiteracy is showing (again)
It’s no secret that many members of the political class have no idea how markets work, let alone the factors that influence and determine prices. Massachusetts Sen. Elizabeth warren demonstrated…
Apple backs down on right to repair
Consider it an early Christmas present from one of the companies that prided itself on being a grinch. According to Motherboard, Apple is going to allow – and help –…
