Bad ideas have a way of sticking around , but fortunately there’s a home for them called Congress. The recently proposed legislation on drug prices is firmly in this category, relying on what are in effect government-imposed price controls, backed by the threat of […]
By Chris Edwards, Cato President Biden is proposing to expand federal intervention in many areas that are the responsibility of state and local governments and the private sector. His $2.3 trillion jobs plan would subsidize broadband, automobiles, the electric grid, manufacturing, highways, transit, water systems, and much else. His $1.8 trillion families plan […]
By Ernest Istook, Former U.S. Rep (R, OK-5) China aggressively aims to dominate world trade by dominating how goods are shipped around the globe as well as by making other countries dependent on its goods. Because 90% of world trade goes by ship, it seeks to command maritime trade by building […]
