Jay Powell Said the Banking System Is “Sound and Resilient.” Now More Banks Are in Trouble.
The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday raised the target policy interest rate (the federal funds rate) to 5.25 percent, an increase of 25 basis points. With this latest increase, the target has increased 5 percent since
What the Leaked Pentagon Docs Tell Us about the Ukraine War
Ryan and Zack talk about some of the details from the recently leaked Pentagon documents. They reveal dysfunctional American foreign policy and just how much contempt the US regime has for its own allies. Additional Resources "What the leaked Pentagon documents reveal
Democracies, Autocracies, and Same‐Sex Unions
David Boaz A new study by the Indian newspaper The Print, based on data from The Economist Intelligence Unit’s Democracy Index 2022, finds that 88 percent of full democracies recognize same‐sex marriages or civil unions, while only 2 percent of authoritarian regimes
A New Podcast with Peter Van Doren
Paul Matzko Those of us who get to chat with Peter Van Doren in the hallways at Cato HQ will be familiar with
Arbitrary Use of Power: Punishing Those Who Expose Not-So-Secret Government Secrets
Washington elites and especially their media have denounced what they once praised: leaking of official documents that show the government has been lying. Original Article: "Arbitrary Use of Power: Punishing Those Who Expose Not-So-Secret Government Secrets"
World Press Freedom Day: The Global Free Speech Recession Continues
Ian Vásquez Today is the 30th anniversary of World Press Freedom Day and, as the Washington Post points out, “there seems little to celebrate.” Indeed, press freedom has been on a years‐long decline around the world and the situation is getting worse.
20 Years Later: Remembering the Disastrous and Failed Iraq War
This spring marks the twentieth anniversary of the US invasion of Iraq in 2003. After an initial frenzy of war fever in the early years of the war, support for the war has since largely evaporated. Nearly two thirds of
SNAP and Obesity
Chris Edwards Congress is scheduled to reauthorize the Farm Bill this year, the largest part of which is the $127 billion Supplemental Nutrition Assistance Program (SNAP). The SNAP, or food stamp, program is run by the U.S. Department of Agriculture (USDA).
Data Suggest That Transit Is Not a Cost‐Effective Climate Change Solution
Marc Joffe Federal, state, and local governments are being called upon to support struggling transit agencies to meet climate change goals. But spending money on transit is not necessarily the best way to reduce greenhouse gas emissions. In most of the
A Limited‐Government Answer to Pregnancy and Childbirth?
Vanessa Brown Calder In the evolving post‐Dobbs policy equilibrium, many Republican policymakers are looking for new policies to support mothers and children. Among other things, these policymakers are concerned with ensuring that mothers are adequately supported before and after birth. Policymakers