The EU Summit Will Fail to Calm Markets

By Marian L. Tupy

The European leaders’ meeting in Brussels yesterday will likely fail to reassure the financial markets. First, the intergovernmental agreement on stricter budget controls among the members of the eurozone will still have to be approved by national parliaments and could potentially face legal challenges in one or more countries. Second, there is no guarantee that […]

The EU Summit Will Fail to Calm Markets is a post from Cato @ Liberty – Cato Institute Blog

Labor Law Professors Defy Death Threats in Italy

Pietro Ichino, a professor of labor law at the University of Milan and a senator in the Italian legislature, is known as the author of several “neoliberal” books and studies recommending that the Italian government relax its extraordinarily stringent regulation of employers’ hiring and firing decisions. As Bloomberg Business Week reports, that means that Prof. […]

Labor Law Professors Defy Death Threats in Italy is a post from Cato @ Liberty – Cato Institute Blog

Obama’s Wistful Military Metaphor

George Will takes President Obama to task for the theme in his State of the Union Address that America should be more like the army: War, said James Madison, is “the true nurse of executive aggrandizement.” Randolph Bourne, the radical essayist killed by the influenza unleashed by World War I, warned, “War is the health […]

Obama’s Wistful Military Metaphor is a post from Cato @ Liberty – Cato Institute Blog

Civilian Personnel: The Missing Piece in the Pentagon’s Budget Puzzle

While most news stories have accurately characterized the Obama administration’s proposed military spending cuts as “modest,” the Pentagon is planning significant reductions in the number of active-duty troops in the Army and Marine Corps. Both forces will be larger than they were in 2001, but the active-duty Army will fall from a post-9/11 high of […]

Civilian Personnel: The Missing Piece in the Pentagon’s Budget Puzzle is a post from Cato @ Liberty – Cato Institute Blog

‘Virginia Shouldn’t Enable Federal Takeover of Health Care’

By Michael F. Cannon

Bart Hinkle has an excellent column in the Richmond Times-Dispatch about why Virginia—and all states—should refuse to create one of Obamacare’s health insurance “exchanges”: Any state exchange will have to abide by the Obama administration’s directives… If Washington is going to dictate the terms, why should Virginia foot the bill? ‘Virginia Shouldn’t Enable Federal Takeover of […]

‘Virginia Shouldn’t Enable Federal Takeover of Health Care’ is a post from Cato @ Liberty – Cato Institute Blog

Biennial Budgeting: Baloney Budget Reform

I don’t recall ever agreeing with the left-liberal Center on Budget and Policy Priorities (CBPP), but their new paper on the drawbacks of the federal government switching to biennial budgeting is a good read. Congressional Republicans, including House Budget Committee chairman Paul Ryan (R-WI) and Senate Budget Committee ranking member Jeff Sessions (R-AL), are the […]

Biennial Budgeting: Baloney Budget Reform is a post from Cato @ Liberty – Cato Institute Blog

SOPA and Skepticism

By Aaron Ross Powell

Over at Libertarianism.org I have a new blog post on the lesson the technology community should have learned from their campaign against SOPA. Imagine you’re an expert in some field of technical knowledge. Your field impacts quite a lot of people but most of them don’t understand the details the way you do. One day, […]

SOPA and Skepticism is a post from Cato @ Liberty – Cato Institute Blog

Personal Accounts–for Medicare

Last night, Newt Gingrich praised the Chilean Social Security system, which allows workers to save for their retirements in personal accounts, rather than contribute to the government pension scheme. Several of my Cato colleagues are far more qualified than I am to comment on that system, including Mike Tanner, Jagadeesh Gokhale, and Jose Pinera–who designed […]

Personal Accounts–for Medicare is a post from Cato @ Liberty – Cato Institute Blog

WSJ Debate: Should the Government Require You to Purchase Health Insurance?

By Michael F. Cannon

In today’s Wall Street Journal, I debate ObamaCare‘s individual mandate. Here’s the teaser: Should Everyone Be Required to Have Health Insurance? Yes, says Karen Davenport of George Washington University, because it’s the key to making health care more affordable and accessible. No, says Michael F. Cannon from the Cato Institute, because it will make health […]

WSJ Debate: Should the Government Require You to Purchase Health Insurance? is a post from Cato @ Liberty – Cato Institute Blog

FBI Reminds Us Government Already Has MegaPower to Take Down Websites

Online activists were still busy celebrating a successful day of protest against proposed (and now shelved) Internet censorship legislation when the Justice Department pulled the popular cyberlocker site Megaupload offline Thursday, and indicted its owners on charges of criminal copyright infringement. It was a serendipitously timed demonstration of two important facts. First, the U.S. legal […]

FBI Reminds Us Government Already Has MegaPower to Take Down Websites is a post from Cato @ Liberty – Cato Institute Blog