Latest
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AIER Everyday Price Index Down Slightly After Spring Cost Surge
Our in-house inflation measure fell one percent, though core household expenses continue to climb. Post-surge relief from gasoline prices concealed smaller effects, buying the Fed some time.
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June Inflation Slowed as Energy Prices Fell
Markets sharply reduced the odds of a July rate increase after June CPI showed broad-based moderation in prices.
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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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Rereading the Declaration in an Age of Polarization
A new collection from Civitas explores old arguments about what the Declaration means — and who gets to define the nation’s founding ideals.
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Keeping Cool: The Air Conditioner That Changed America
The time price of air conditioning has fallen 98.6 percent since 1952. That ordinary luxury saves lives every summer.
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Does Funding Research Give Government a Claim to Tech Firms?
Public research may contribute to private innovation, but causal influence does not give government an ownership stake.
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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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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.