It's hard to square rhetoric surrounding high-earners who attempt to avoid taxes with a now-suspended plan to snoop on small financial transactions. Nick Anthony and Scott Lincicome comment.

Feds Back Down (Temporarily) on Expanded Financial Snooping

Getting certain members of Congress to sign off on big ticket legislation sometimes means cutting some deals that mitigate the impact of your bigger goals. In the case of electric vehicle subsidies, Scott Lincicome says the negative impacts are typical for industrial policy.

The Consequences of Big Electric Vehicle Handouts

In <a href="https://www.amazon.com/Shielded-How-Police-Became-Untouchable/dp/0593299361" rel="noopener noreferrer" target="_blank">Shielded: How the Police Became Untouchable</a>, author Joanna Schwartz details the myriad ways police have been immunized or otherwise protected from the consequences of violating Americans' rights.

Shielded: How the Police Became Untouchable

When policymakers pursue “equality,” which equality should they pursue? Deirdre McCloskey believes neither "equality of outcome" nor "equality of opportunity" is a great option.

Equalities of Outcome/Opportunity/Permission

Psychedelics show enormous promise in the treatment of PTSD and depression. Those treatments are largely unavailable domestically to veterans and others who might be helped. Call it a casualty of the War on Drugs. Jesse Gould runs the <a href="https://www.heroicheartsproject.org/" rel="noopener noreferrer" target="_blank">Heroic Hearts Project</a> to help overcome those hurdles for veterans who might benefit from psychedelic treatment.

PTSD, Veteran Mental Health, and Psychedelics

How does immigration affect the public treasury? In most scenarios, that effect is positive. Alex Nowrasteh is coauthor of the new paper, "<a href="https://www.cato.org/white-paper/fiscal-impact-immigration-united-states" target="_blank">The Fiscal Impact of Immigration in the United States</a>."

The Fiscal Impact of Immigration in the United States

What are the big takeaways from the insights of the long career of Austrian economist Israel Kirzner? Economist Peter Boettke has some ideas.

Appreciating Israel Kirzner

It took 30 years and one dedicated young man to get New York to throw out its ban on pinball. <a href="https://pinballfilm.com/" rel="noopener noreferrer" target="_blank">Pinball: The Man Who Saved the Game</a> tells the story of Roger Sharpe, a journalist at GQ and a pinball aficionado. Austin and Meredith Bragg are the film's directors. The film is in theaters and available for streaming today.

Pinball: The Man Who Saved the Game

Fears of artificial intelligence have been goosed recently with the emergence of services like ChatGPT that can deliver longform coherent text addressing fairly specific prompts. Cato's Will Duffield says many of the fears it has inspired are unfounded.

Panic at the Chatbot

Shareholders are getting hosed by the failure of Silicon Valley Bank, but depositors ought to be more on the hook for losses than, say, depositors at other banks. Norbert Michel discusses the bad precedent set by the FDIC.

FDIC Sets Bad Precedent in SVB Failure

The Cato Daily Podcast allows Cato Institute scholars and other commenters to discuss relevant news and libertarian thought in a conversational, informal manner. Hosted by Caleb O. Brown.

Cato Daily Podcast

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Feds Back Down (Temporarily) on Expanded Financial Snooping

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Shielded: How the Police Became Untouchable

Equalities of Outcome/Opportunity/Permission

PTSD, Veteran Mental Health, and Psychedelics