Defending Freedom, Fighting Collectivism
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California’s Billionaire Tax Is Backfiring Before It Begins
California’s proposed wealth tax promises billions in new revenue. But early evidence suggests it will ultimately cost the state far more in investment, entrepreneurship, and future tax receipts.
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Immigrants Build America’s Most Valuable Companies
Visa holders founded half of today’s Fortune 500 companies and a majority of billion-dollar startups. Current restrictions damage that competitive advantage and choke off future growth.
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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 Unexpected Afterlife of Private Wealth
Private fortunes outlive their owners. The gardens, architecture, ideas, and institutions they finance often become part of the public inheritance.
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A Scientist’s Case for Diversity Through Freedom
In ‘Diversity Through Freedom,’ author Adrian Bejan argues that diversity emerges naturally from freedom and decentralized action, while imposed institutional systems distort its benefits.
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Rewarding Good Governance: How Foot-Voters Benefit Society
Governance improves when people and businesses are free to leave high-tax, low-value jurisdictions. Competition can improve public policy just as it improves products and services.
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States Relying on Federal Aid Face a Reckoning
Pandemic-era aid allowed many states to expand spending without confronting long-term costs. The bill is coming due.
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A Forgotten Founder Who Warned Against Cronyism
John Taylor argued that government-created privilege would enrich favored interests while weakening republican self-government.
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Hamilton’s Economic Vision Had One Crucial Blind Spot
Hamilton recognized the importance of manufacturing but overlooked the market processes that create lasting prosperity.
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Revolutions Worlds Apart: Why America Chose Liberty and France Chose Terror
Both the American and French Revolutions promised “power to the people.” One delivered it; the other descended into bloodshed and chaos. Why?
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California’s Billionaire Tax Is Backfiring Before It Begins
California’s proposed wealth tax promises billions in new revenue. But early evidence suggests it will ultimately cost the state far more in investment, entrepreneurship, and future tax receipts.
-
•
Immigrants Build America’s Most Valuable Companies
Visa holders founded half of today’s Fortune 500 companies and a majority of billion-dollar startups. Current restrictions damage that competitive advantage and choke off future growth.
-
•
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 Unexpected Afterlife of Private Wealth
Private fortunes outlive their owners. The gardens, architecture, ideas, and institutions they finance often become part of the public inheritance.
-
•
A Scientist’s Case for Diversity Through Freedom
In ‘Diversity Through Freedom,’ author Adrian Bejan argues that diversity emerges naturally from freedom and decentralized action, while imposed institutional systems distort its benefits.
-
•
Rewarding Good Governance: How Foot-Voters Benefit Society
Governance improves when people and businesses are free to leave high-tax, low-value jurisdictions. Competition can improve public policy just as it improves products and services.
-
•
States Relying on Federal Aid Face a Reckoning
Pandemic-era aid allowed many states to expand spending without confronting long-term costs. The bill is coming due.
-
•
A Forgotten Founder Who Warned Against Cronyism
John Taylor argued that government-created privilege would enrich favored interests while weakening republican self-government.
-
•
Hamilton’s Economic Vision Had One Crucial Blind Spot
Hamilton recognized the importance of manufacturing but overlooked the market processes that create lasting prosperity.
-
•
Revolutions Worlds Apart: Why America Chose Liberty and France Chose Terror
Both the American and French Revolutions promised “power to the people.” One delivered it; the other descended into bloodshed and chaos. Why?