Why Has Regional Income Convergence in the U.S. Declined?
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The convergence of per capita incomes across U.S. states from 1880 to 1980 is one of the most striking patterns in macroeconomics. For over...
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July 15
Policy Perspectives of the Presidential Candidates: Trade
Featuring a presentation and live discussion with Daniel J. Ikenson, Director, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; moderated by Caleb O. Brown, Director of Multimedia.
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Spring/Summer 2016
Unconventional monetary policy—characterized by “zero interest rate policy” (ZIRP) and “quantitative easing” (QE), along with macro-prudential regulation—has increased the power of central banks in the United States, Japan, and Europe. In the new issue of Cato Journal, contributors revisit the thinking behind unconventional monetary policy and the “new monetary framework,” make the case for transparent monetary rules versus foggy discretion, and point to the distortions generated by ultra-low interest rates and preferential credit allocation.
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When Presidents Oppose Government Science
August 4, 2016
Juan Carlos Hidalgo discusses the turmoil within the Republican party and presidential election in Nicaragua on NTN’s Club de Prensa
August 4, 2016
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How Uncle Sam Underwrites Coal-Powered Automobiles
Electricity for cars is only as clean as the fuel that’s used to produce it.More Commentary
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Trump’s Infrastructure Idea
As a businessman, Trump ought to be thinking about expanding the private role in America’s infrastructure, not trying to one-up Clinton on central control.
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Featured Book
The Tyranny of Silence
When the Danish newspaper Jyllands-Posten published the cartoons of the prophet Muhammad in 2005, Denmark found itself at the center of a global battle about the freedom of speech. The paper’s culture editor, Flemming Rose, defended the decision to print the 12 drawings, and he quickly came to play a central part in the debate about the limitations to freedom of speech in the 21st century. In The Tyranny of Silence, Flemming Rose provides a personal account of an event that has shaped the debate about what it means to be a citizen in a democracy and how to coexist in a world that is increasingly multicultural, multireligious, and multiethnic.
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Cato Annual Report 2015
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