Politics & Protocol

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Has the Fed Been a Failure?
As the one hundredth birthday of the Federal Reserve System approaches, it seems appropriate to once again take stock of our monetary system. In the latest issue of Cato Policy Report, economists George Selgin, William D. Lastrapes, and Lawrence H. White survey the relevant research and conclude that the Federal Reserve System has not lived up to its original promise. Also in this issue, new president John A. Allison shares his thoughts on joining the Cato Institute.

An Inexorable March to Legalization?
With new laws legalizing marijuana use on the books in Colorado and Washington, everyone is waiting to see how the Justice Department will react. Meanwhile, House legislation has been introduced to get the feds to back off states that pass legalization measures. A new Cato study and a forum featuring the former DEA chief examine where marijuana laws are headed nationwide.

The Fire Next Door: Mexico's Drug Violence and the Danger to America

In his compelling new book, Ted Galen Carpenter details the growing horror overtaking Mexico and explains how the current U.S.-backed strategies for trying to stem Mexico’s drug violence have been a disaster. The only effective strategy, says Carpenter, is to defund the Mexican drug cartels by abandoning the failed drug prohibition policy, thereby eliminating the lucrative black-market premium and greatly reducing the financial resources of the drug cartels.

Military Spending Cuts No Reason to Compromise on Taxes
In recent days, several senior Republicans have allowed that they would be willing to compromise on a pledge they made to oppose tax increases. At least one of those lawmakers, Senator Lindsey Graham, has said that he would negotiate on “revenue generation” because he is unwilling to let sequester budget cuts “destroy the United States military.” But Cato scholars have long argued that the proposed cuts in military spending would allow the United States to maintain a substantial margin of military superiority, and would in fact pay dividends for the U.S. economy over the long run.

How Fossil Fuels Saved Humanity from Nature and Nature from Humanity

Until the last quarter of a millennium, mankind depended on living nature for all its food and clothing, most of its energy, and much of its material and medicines. Then mankind began to develop technologies to augment or displace living nature’s uncertain bounty. In a new study, author Indur Goklany shows how fossil fuels not only saved humanity from nature’s whims, but nature from humanity’s demands.

Educator's Letter to Oprah -- 'Ask teachers.' - Thu, 14 Oct 2010

Without Senate Relief, Jobs Picture Grim - Wed, 07 Apr 2010

NEA President: Mass Teacher Firings Not the Answer - Fri, 26 Mar 2010

Higher Ed Members Push Ahead in Unpredictable Times - Fri, 26 Mar 2010

MetLife Survey: Resources, Collaboration Keys to Success - Wed, 24 Mar 2010

Report Blames Pilot In Deadly Balloon Crash, But Also Points Finger At FAA - Tue, 17 Oct 2017
Investigators found the pilot was impaired by medical conditions and drugs including Valium, oxycodone and Benadryl. The FAA doesn't require medical certification for commercial balloon operators.

Efforts To Rewrite NAFTA Not Going Well; Next Round of Talks Delayed - Tue, 17 Oct 2017
For months, the United States, Canada and Mexico have been trying to rewrite terms of the North American Free Trade Agreement. But White House demands have led to frustrations that may threaten NAFTA.

Senators Reach Deal To Stabilize ACA Insurance Markets For 2 Years - Tue, 17 Oct 2017
The bipartisan agreement could help stabilize insurance premiums next year so that younger, healthier people will buy policies. President Trump has embraced it, but other GOP leaders have not.

'Trump's Claim Is Wrong': Comments On Presidents' Calls To Military Families Rebutted - Tue, 17 Oct 2017
Defending his lack of response to the deaths of U.S. soldiers in Niger, Trump claimed "a lot of" past presidents did not call families after a death. He raised the example of his chief of staff's son.

The Court Challenge Begins: Is Trump Taking Unconstitutional Emoluments? - Tue, 17 Oct 2017
On Wednesday, a federal judge will hear arguments in a case that asks: Is President Trump taking the kind of benefits banned by the Constitution? Step 1 is deciding whether plaintiffs have standing.


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