David J. Bier Critics of the H‑1B visa for skilled foreign workers often claim that the status amounts to “indentured” servitude. Indentured servitude is a contract to work for a single employer for a predetermined…
Investing
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Editor's PickInvesting
New Defending Globalization Content: Tariffs, Climate Change, and the Moral Case for Globalization
Scott Lincicome Today we’ve published three essays for Cato’s Defending Globalization project: Separating Tariff Facts from Tariff Fictions, by Erica York, explains that tariffs are costly taxes, and economists consider…
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Travis Fisher Montana has become an unlikely frontier in the climate movement. Last August, Montana District Court Judge Kathy Seeley ruled in favor of climate activists in Held v. Montana,…
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Jeffrey Miron and Jacob Winter Occupational licensing — for doctors, lawyers, plumbers, barbers, and innumerable other trades — claims to improve service quality. Much evidence contradicts this claim. And even…
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Clark Packard and Alfredo Carrillo Obregon Earlier this week, President Biden welcomed Japanese Prime Minister Kishida for an official visit and state dinner. As tensions in the Pacific mount, particularly…
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David J. Bier The House of Representatives impeached Department of Homeland Security (DHS) Secretary Alejandro Mayorkas, and now some senators are pressing to hold a trial. As I’ve explained, the charges…
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Colleen Hroncich Tarla Gernert grew up surrounded by educators—her mom, grandma, and aunt were all teachers. So it seemed natural to her to follow that same path. But it was…
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Patrick G. Eddington One point I always make when talking about national security issues, and especially those involving surveillance powers, is this: when in doubt, always bet on fear. This afternoon,…
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Patrick G. Eddington In 24 hours, we’ve gone from former President Donald Trump demanding “KILL FISA” to Trump apparently working out a deal with House Speaker Mike Johnson (R‑LA) to cut the…
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Editor's PickInvesting
Analysis of 2022 Audited Financial Reports Shows Wide Variance in State Fiscal Health
Marc Joffe With California’s very late publication last month, all fifty states have now produced audited financial reports for their 2022 fiscal year. The availability of these reports allows us…