Entitlements
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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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Social Security Is Not a Generational Contract
The rhetoric of a “generational compact” sounds compelling until you ask who actually agreed to it — and who pays for it.
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More Paperwork Won’t Make Medicine Cheaper
Transparency matters, but the Department of Labor’s duplicative disclosure mandates could increase compliance costs while strengthening the industry’s largest firms.
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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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The Big Apple’s Rotten Budget Move: Raiding Pensions for Short-Term Spending
Delaying pension contributions may ease immediate pressure on New York City’s budget, but the shell game reveals deeper weaknesses in the city’s finances.
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US Debt Crosses 100% of GDP for First Time Since 1946—And This Time Is Different
Mounting entitlement spending and persistent deficits make our fiscal trajectory increasingly difficult to reverse.
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Congress Keeps Choosing Inflation
By constantly spending and generating new debt, Congress effectively forces prices to rise and purchasing power to fall, year after year.
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Hayek’s Dilemma: How Much State Can Liberty Survive?
Even among “sincere friends of freedom,” disagreement over government’s role runs deep. Can a state be big enough to defend liberty without also violating it?
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AI Abundance Won’t End Inflation, Nor Make Money Meaningless
Elon Musk claims AI-driven growth could fund UBI transfers without inflation. But relative prices — not just totals — still drive economic allocation.
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Bootleggers, Baptists, and Others Who Benefit From Tax Complexity
Moral advocates and special interests engineer the tax code to reward those best equipped to navigate complex rules.
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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?
-
•
Social Security Is Not a Generational Contract
The rhetoric of a “generational compact” sounds compelling until you ask who actually agreed to it — and who pays for it.
-
•
More Paperwork Won’t Make Medicine Cheaper
Transparency matters, but the Department of Labor’s duplicative disclosure mandates could increase compliance costs while strengthening the industry’s largest firms.
-
•
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.
-
•
The Big Apple’s Rotten Budget Move: Raiding Pensions for Short-Term Spending
Delaying pension contributions may ease immediate pressure on New York City’s budget, but the shell game reveals deeper weaknesses in the city’s finances.
-
•
US Debt Crosses 100% of GDP for First Time Since 1946—And This Time Is Different
Mounting entitlement spending and persistent deficits make our fiscal trajectory increasingly difficult to reverse.
-
•
Congress Keeps Choosing Inflation
By constantly spending and generating new debt, Congress effectively forces prices to rise and purchasing power to fall, year after year.
-
•
Hayek’s Dilemma: How Much State Can Liberty Survive?
Even among “sincere friends of freedom,” disagreement over government’s role runs deep. Can a state be big enough to defend liberty without also violating it?
-
•
AI Abundance Won’t End Inflation, Nor Make Money Meaningless
Elon Musk claims AI-driven growth could fund UBI transfers without inflation. But relative prices — not just totals — still drive economic allocation.
-
•
Bootleggers, Baptists, and Others Who Benefit From Tax Complexity
Moral advocates and special interests engineer the tax code to reward those best equipped to navigate complex rules.