If the heads of the Federal Reserve are to be believed, Fed policies do not make wealth inequality worse. When asked recently if the Fed’s policies widen inequality, San Francisco Federal Reserve President Mary Daly stated without reservation: “Not in my judgment.”...
Featured Articles
Hightide for Foreign Policy Restrainers
by Kelley Vlahos | Jun 25, 2020 | Featured Articles, Foreign Policy
Ten years ago, “restraint” was considered code for “isolationism” and its purveyors were treated with nominal attention and barely disguised condescension. Today, agitated national security elites who can no longer ignore the restrainers—and the positive attention...
A Rebuke of ‘Modern Monetary Theory’
by Robert Murphy | Jun 25, 2020 | Economics, Featured Articles
[Review of Stephanie Kelton, The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy (New York: PublicAffairs, 2020).] I’ve got good news and bad news. The good news is that Stephanie Kelton—economics professor at Stony Brook and advisor to the...
Colorado Takes Action, Ends Qualified Immunity For Police
by Matt Agorist | Jun 24, 2020 | Criminal Justice, Featured Articles
When George Floyd was killed last month, the nation was shaken out of its slumber in regard to police brutality in this country. Cities quite literally burned over the anger that has been boiling up over decades as cops kill people—who are often innocent, unarmed, and...
There Are Solutions Besides ‘Defund the Police’
by Jim Bovard | Jun 24, 2020 | Criminal Justice, Featured Articles
"Defund the Police” is the latest rallying cry for protestors in many cities across the nation. Many activists, enraged by the brutal killing of George Floyd by Minneapolis police, are calling for completely disbanding the police, while others are seeking reductions...
Case Study: How Uruguay Resisted the Pandemic and Saved Its Economy
by Álvaro Vargas Llosa | Jun 23, 2020 | Featured Articles
We are not talking enough about Uruguay. That small South American country boasts impressive results in its handling of the coronavirus. It is also signaling that it wants to prosper and that it understands more freedom might be the way to go about it. Under President...
The Federal Reserve is Getting Desperate
by Ron Paul | Jun 22, 2020 | Economics, Featured Articles
In a sign that the Federal Reserve is growing increasingly desperate to jump-start the economy, the Fed’s Secondary Market Credit Facility has begun purchasing individual corporate bonds. The Secondary Market Credit Facility was created by Congress as part of a...
5 Things I Learned Debating the Harvard Prof Who Called for a ‘Presumptive Ban’ on Homeschooling
by Kerry McDonald | Jun 21, 2020 | Featured Articles, Justice
It's not just about homeschooling. On Monday, I debated the Harvard professor who proposes a “presumptive ban” on homeschooling. Thousands of viewers tuned in to watch the live, online discussion hosted by the Cato Institute. With 1,000 submitted audience questions,...