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Federal Subsidies Micromanage Local Activities
Published: 19/06/2019Chris Edwards The federal government spends more than $700 billion a year on 1,386 subsidy programs for state and local activities such schools, transit, and housing. In a recent study, I described 1 ... Read moreSource: www.downsizinggovernment.org -
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Iowa Channels Colonel Jessup in Prosecuting Truth-Telling
Published: 19/06/2019“You can’t handle the truth!” So says Jack Nicholson’s cantankerous Colonel Nathan R. Jessup in A Few Good Men upon the prosecutor’s needling inquisition into the death of a young Marine. So also say ... Read moreSource: www.cato.org -
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Opportunity Zones: Big Win for Landowners
Published: 18/06/2019Chris Edwards The Republican Tax Cuts and Jobs Act of 2017 created 8,700 “opportunity zones” across the country, which receive special capital gains tax breaks. O Zones have divided our cities and tow ... Read moreSource: www.downsizinggovernment.org
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Article III Court Should Hear Challenge to SEC’s Unconstitutional Enforcement Proceedings
Published: 18/06/2019How many constitutional infractions must one endure at the hands of the government before getting the chance to be heard in an Article III court? According to the Securities and Exchange Commission, t ... Read moreSource: www.cato.org -
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1973: The Year John Kenneth Galbraith Made Socialism Mainstream
Published: 18/06/2019I started writing about economic issues in 1971, first in Reason then National Review . One of my most serious early articles –and certainly the most unread– was a 2800-word critique of John Kenneth ... Read moreSource: www.cato.org -
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Again Pointing Out Executive-Power Abuses in the New Bump Stock Ban
Published: 18/06/2019Before the tragic mass shooting in Las Vegas, almost nobody in the United States had ever heard of a “bump stock.” What was, and always has been, a gun-range novelty was suddenly the subject of nation ... Read moreSource: www.cato.org
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Immigration Wait Times from Quotas Have Doubled: Green Card Backlogs Are Long, Growing, and Inequitable
Published: 18/06/2019David Bier During his presidential campaign, Donald Trump repeatedly promised that although he would build a border wall, it would have a door open to those willing to come to America legally . This p ... Read moreSource: www.cato.org -
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Will "Internet Addiction" Be Our Next "Crisis?"
Published: 17/06/2019A report on National Public Radio’s Morning Edition today discusses growing concerns about “internet addiction,” especially among adolescents. The reporter mentions that “internet addiction,” some ... Read moreSource: www.cato.org -
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Shamefully, Only Two Justices Find that You Can’t Be Prosecuted by a State and the Feds for the Same Crime
Published: 17/06/2019This morning, in the case of Gamble v. United States , the Supreme Court ruled 7-2 —with only Justices Neil Gorsuch and Ruth Bader Ginsburg in dissent—that state and federal governments can continue h ... Read moreSource: www.cato.org
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The Cato Institute Launches Project Investigating California's Efforts to Address Inequality and Poverty
Published: 17/06/2019The Cato Institute is launching a new project that critically evaluates California’s efforts to address inequality and poverty. The two-year-long project will analyze various laws, rules, and regulati ... Read moreSource: www.cato.org -
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Toward a Healthy Relationship with Opioids
Published: 17/06/2019In the June 14th Wall Street Journal , Johns Hopkins University bioethicist Travis Rieder, in an excellent essay , shared with readers his battle with pain resulting from a devastating accident, the ... Read moreSource: www.cato.org -
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Is This Time Different? Schumpeter, the Tech Giants, and Monopoly Fatalism
Published: 17/06/2019Ryan Bourne Growing numbers of legislators and policy experts charge that tech firms such as Amazon, Google, Facebook, Apple, and Microsoft are “monopolies” with the potential power to harm consumers. ... Read moreSource: www.cato.org
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The Annual Death Rate in Immigration Detention Rose in 2017 and Fell in 2018
Published: 14/06/2019Since the Trump Administration announced a punitive immigration detention policy in 2018 that separated families, reports have surfaced of immigrants who have died while in detention or shortly after ... Read moreSource: www.cato.org -
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Market-Based Visas: Problems, Criticisms, and Solutions
Published: 13/06/2019Steven Kopits of Princeton Energy Advisors wrote a few criticisms of our proposal to sell Gold Cards through a market-based program that I’ve called an immigration tariff. An immigration tariff is an ... Read moreSource: www.cato.org -
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U.K.’s “Unexplained Wealth Orders” Give the State Too Much Power
Published: 13/06/2019I’ve got a piece in the Washington Examiner this morning on a remarkable new law enforcement tool in Britain: It’s like, “Your papers, please,” but for things you own. Authorities in Britain have be ... Read moreSource: www.cato.org
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Trump’s First Trade Deal: The Slightly Revised Korea-U.S. Free Trade Agreement
Published: 13/06/2019Simon Lester, Inu Manak, and Kyounghwa Kim While the renegotiation of the North American Free Trade Agreement has received far more attention, a lesser-known U.S. trade deal has also been reworked. In ... Read moreSource: www.cato.org -
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Macroeconomic Forecasting Seems Pretty Hopeless
Published: 12/06/2019Chris Edwards The yield on 10-year Treasury securities is currently 2.1 percent. Now look at the chart below from the Wall Street Journal showing expert predictions about what the current rate would ... Read moreSource: www.downsizinggovernment.org -
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The Fairness Doctrine Was Terrible for Broadcasting and It Would Be Terrible for the Internet
Published: 12/06/2019Skepticism of big tech companies is surging on both sides of the political spectrum, from Democratic Senator Elizabeth Warren calling for breaking up Amazon to Republican Senator Josh Hawley advocatin ... Read moreSource: www.cato.org
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Enforcement in the USMCA: The Draft SAA and the Trump Administration's Elevation of Section 301
Published: 12/06/2019Enforcement of the U.S.-Mexico-Canada Agreement (USMCA) has proven to be an important stumbling block to its ratification in the United States. Democratic law makers have demanded that enforcement pro ... Read moreSource: www.cato.org -
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Mexico Deported More Central Americans Than the U.S. in 2018
Published: 12/06/2019President Trump has decided to blame Mexico for the border crisis, rescinding and then reiterating his threat to impose tariffs on America’s neighbor to the south if it doesn’t stop migrants from Cent ... Read moreSource: www.cato.org -
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Elizabeth Warren Should Give Up Her Stake In A Bad Idea
Published: 10/06/2019Senator Elizabeth Warren’s “Plan For Economic Patriotism” is causing ideological convulsions on right and left. Yet one part of her controversial plan has so far largely gone uncommented upon: she wan ... Read moreSource: www.cato.org
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