Debt and Deficits
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What the Olympics Really Cost: Rio’s 10-Year Legacy of Debt and Destruction
Rio 2016, like many ambitious projects, combined political cronyism and weak market discipline. Ordinary Brazilians are still paying the bill.
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Free Trade: The Consensus Is Growing
What economists have argued for generations is now reflected in public opinion: Americans see free trade as the better alternative to protectionism.
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Warsh Wants the Federal Reserve to Rethink the Rules
The new chairman has long argued the Fed’s own institutional habits undermine sound money. His blueprint suggests key reforms.
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How Congress Turned Budget Reconciliation Into a Tool for More Spending
A process designed to overcome political obstacles to deficit reduction is now helping Congress avoid the reforms that matter most.
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Britain’s Problems Didn’t Begin with Brexit
Brexit disappointed both its critics and supporters, but Britain’s economic malaise runs much deeper than the 2016 referendum.
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An Evergreen Warning About Social Security
A new book from Cato answers old questions: can Social Security remain solvent as lifetimes lengthen and birth rates fall?
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The Fed Needs Independence, Not Immunity
Monetary policy deserves insulation from politics, but regulation and emergency lending powers may not. Can Congress and the Courts differentiate?
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Borrowed Time: The ‘Extend and Pretend’ Economy Must End
Trillions in hidden distress and deferred losses are emerging as borrowers run out of time and options. America’s debt reckoning has begun.
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Brexit 10 Years Later: The Economic Collapse That Never Happened
Voters were warned that leaving the EU would trigger recession, mass unemployment, and lasting economic decline. Comparing Britain’s performance with its G7 peers suggests a more nuanced picture.
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The Hidden Driver of Social Security’s Fiscal Crisis
Social Security’s financing problems stem not only from an aging population but also from benefit formulas that grow more generous with each generation.
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•
What the Olympics Really Cost: Rio’s 10-Year Legacy of Debt and Destruction
Rio 2016, like many ambitious projects, combined political cronyism and weak market discipline. Ordinary Brazilians are still paying the bill.
-
•
Free Trade: The Consensus Is Growing
What economists have argued for generations is now reflected in public opinion: Americans see free trade as the better alternative to protectionism.
-
•
Warsh Wants the Federal Reserve to Rethink the Rules
The new chairman has long argued the Fed’s own institutional habits undermine sound money. His blueprint suggests key reforms.
-
•
How Congress Turned Budget Reconciliation Into a Tool for More Spending
A process designed to overcome political obstacles to deficit reduction is now helping Congress avoid the reforms that matter most.
-
•
Britain’s Problems Didn’t Begin with Brexit
Brexit disappointed both its critics and supporters, but Britain’s economic malaise runs much deeper than the 2016 referendum.
-
•
An Evergreen Warning About Social Security
A new book from Cato answers old questions: can Social Security remain solvent as lifetimes lengthen and birth rates fall?
-
•
The Fed Needs Independence, Not Immunity
Monetary policy deserves insulation from politics, but regulation and emergency lending powers may not. Can Congress and the Courts differentiate?
-
•
Borrowed Time: The ‘Extend and Pretend’ Economy Must End
Trillions in hidden distress and deferred losses are emerging as borrowers run out of time and options. America’s debt reckoning has begun.
-
•
Brexit 10 Years Later: The Economic Collapse That Never Happened
Voters were warned that leaving the EU would trigger recession, mass unemployment, and lasting economic decline. Comparing Britain’s performance with its G7 peers suggests a more nuanced picture.
-
•
The Hidden Driver of Social Security’s Fiscal Crisis
Social Security’s financing problems stem not only from an aging population but also from benefit formulas that grow more generous with each generation.