Recently added articles from The Cato Journal:
Vikings in Greece: Kleptocratic interest groups in a closed, rent-seeking economy.
Sep 22, 2009; ... Last December, downtown Athens experienced three nights of street battles, arson, and looting that became headlines in the international press. We argue that the reasons for this extreme social turbulence are related to the regulatory and institutional rigidities that still prevail in ...
Trade protectionism and electoral outcome.
Sep 22, 2009; ... In the 2004 U.S. elections, the dispute on trade policy was one of the important issues between the Democrats and the Republicans. The Democratic Party emphasized that the U.S. government should link multinational trade agreements to labor and environmental issues. Conversely, the ...
The misuse of economic history: flawed analogies with Japan's "liquidity trap" and the great depression.
Sep 22, 2009; ... Paul Samuelson (2005: 242) advises that, "The sage economist must muster best available knowledge about history and theory in giving plausible pragmatic advice." Economists frequently use historical anecdotes to justify theories they prefer and policies they advocate. Unfortunately, ...
Effects of the financial crisis on the U.S.-China economic relationship.
Mar 22, 2009; ... The U.S. and China are two of the dominant economies in the world today and the nature of their relationship has far-reaching implications for the smooth functioning of the global trade and financial systems. These two economies are becoming increasingly integrated with each other through ...
The effects of corruption on FDI inflows.
Mar 22, 2009; ... The surge in foreign direct investment (FDI) flows during the 1990s has motivated a host of recent studies into their determinants. Recently, the level of corruption in the host country has been introduced as one factor among the determinants of FDI location. From a theoretical viewpoint, ...