Clark Packard Since the late 1970s, when Chinese president Deng Xiaoping initiated some market‐oriented liberalization, the country has been on an upward…
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Editor’s Pick
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Adam N. Michel The Employee Retention Tax Credit (ERTC) is a refundable payroll tax credit—equivalent to a cash payment of up to $26,000 per…
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Editor's Pick
Enhancing Transparency over Emergency Spending Reporting: A Call for Executive Accountability
Romina Boccia and Dominik Lett On April 10, 2023, Congress terminated the three‐year‐long COVID-19 national emergency—one of the most expensive emergency declarations ever…
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Vanessa Brown Calder This week, Claudia Goldin, the Henry Lee Professor of Economics at Harvard University, was announced as the 2023 Nobel…
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Editor's Pick
The Benefits of China’s Market Reforms and Opening to the Outside World Should Not Be Forgotten
James A. Dorn China’s strong economic growth following its shift from state‐led development (central planning) to marketization in 1978, and its drive…
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Anastasia P. Boden It’s the most wonderful time of the year! Last week, on the first Monday in October, the Supreme Court…
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Jeffrey A. Singer The New York Times reports today about a flood of illicit e‑cigarettes arriving from China “in Barbiecore colors and fruit,…
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Chris Edwards The federal government’s debt is massive and growing rapidly. How massive? Federal debt held by the public of $28.5 trillion…
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Editor's Pick
New Defending Globalization Essays: China Then; China Now; and the ‘Race to the Bottom’
Scott Lincicome As I mentioned last month, Cato’s Defending Globalization project will publish new content every other week throughout the fall and into 2024. Today…
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Andrew C. Forrester Around the time that Cato published my estimates that the Middle Eastern or North African (MENA) population is around…