There is a school of thought — serious, not fringe — that holds the national debt is a symptom, not the disease. The disease, in... Read More
We hit an ignominious milestone recently when the national debt crossed $39 trillion. Naturally, regular citizens have chimed in about... Read More
President Trump’s new budget seeks $1.5 trillion for defense and enormous cuts to programs that help families struggling with the... Read More
Democrats' addiction to housing regulation could cost them in the 2030 census. Read More
A number of potential Democratic White House contenders are increasingly excited by an idea that belongs on the right, not the left. Read More
If there's one thing about which most Americans agree, it's that nobody can be sure what President Donald Trump will do next. One... Read More
President Donald Trump announced a ceasefire in the Iran war late Tuesday, and markets reacted Wednesday as you would probably expect: Stocks... Read More
As the illness of the late Cato Institute co-founder Ed Crane escalated, and with it Crane’s pessimism about how much time he had left,... Read More
The most exciting developments at Tesla right now have almost nothing to do with traditional EV sales. Read More
While not perfect, its budget plan is more pro-growth than the mayor's. Read More
Your Social Security benefits won't cover all your expenses in retirement, but understanding how the program works and what levers you have... Read More
Social Security holds data on over 500 million Americans, living and dead. Federal law restricts its use to one mission: ensuring... Read More
In an exclusive investigation, we shine a light on one of California’s largest initiatives: the In-Home Supportive Services Program, or... Read More
Americans are voting with their feet as IRS migration data reveals a massive tax base exodus from California and New York to Sun Belt states. Read More
As America approaches its 250th birthday, I’ve been doing what a lot of folks are doing lately: looking back at the long road that got... Read More
The employment slowdown: Causes and consequences Read More
And the futility of macro forecasts Read More
From March of 1965 through July of 1970, the unemployment rate spent every single month below 5%. That’s the longest streak on record... Read More
Economists are at least taking the possibility of job losses seriously. Read More
The conditions required to impose the tariffs don't exist. Read More
I love golf. Read More
For all the anxiety in the financial press about private credit — especially amid a spate of redemption headlines — much of the... Read More
These seven undervalued utilities stocks look attractive today. Read More
The economy faces multiple shocks. Read More
We continue to view Japan as one of the more underappreciated corporate reform stories among global investors. Read More
Explore 10 wide-moat stocks to watch in 2026, including companies that look undervalued based on fundamentals and long-term growth potential. Read More
Looking for stocks that just raised their dividends? These three dividend stocks are all from companies with economic moats that we think... Read More

If retirement were simply a matter of desire, today would be many people's last day on the job. Unfortunately for them, it's not that simple. You have to save a lot of money to retire comfortably these days, especially if you expect to retire early or live a long time.... Read More
As the illness of the late Cato Institute co-founder Ed Crane escalated, and with it Crane’s pessimism about how much time he had left, I would tell him he had to stick around lest the members of our weekly lunch crew retreat into fallacious thinking, including – gasp – conventional conservative wisdom. There was reason for worry. At Cato, a pattern had revealed itself. Once peop... Read More