The Real Impact of Government Spending

We read news stories almost every day that simply assume that government spending is good for the economy. Any defense or nondefense spending restraint will hurt economic growth, it is supposed.  But is this really the case?  Cato scholar Chris Edwards argues that, while government spending certainly helps the government-dependent parts of the U.S. economy, its impact on the private economy is clearly negative.

Should We Be OK with Expanding Background Checks?

The Senate recently blocked a compromise measure that would have compelled unlicensed sellers at gun shows and online gun sellers to conduct background checks. Senator Joe Manchin has indicated that he plans on reintroducing the legislation. While Cato scholars have generally questioned the usefulness of background checks, in the New York Times, Cato chairman Robert A. Levy makes the case that the background checks are a “reasonable” price to pay for the elements of the legislation more favorable to gun rights proponents.

Your Tax Dollars at Work: Subsidizing the Security of Wealthy Allies

How much does the United States spend on the military relative to our allies? A lot. A new information-packed short Cato video puts this comparison in perspective. The data, pulled from the Cato infographic from last week, shows how we are subsidizing the security of wealthy allies who can and should defend themselves to a far greater extent than they do. Instead, we provide for their security while they spend their money on just about everything else (especially their bloated welfare states).  This is no way for your tax dollars to work.

The Case against the Constitutional Amendments Seeking to Overturn Citizens United

Concerns about the putative political and electoral consequences of the Citizens United decision have fostered several proposals to amend the Constitution. Most simply propose giving Congress unchecked new power over spending on political speech, power that will be certainly abused. In a new paper, Cato scholar John Samples argues that the public purposes cited for restricting political spending and speech are not persuasive and do not justify the breadth of power granted under these amendments. “Americans should defend—not amend away—the freedom of speech recognized by the First Amendment,” says Samples.

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Cato University 2013

Cato University 2013 * July 28 - August 2

Cato University is Cato’s premier educational event of the year. This annual program brings together outstanding faculty and participants from around the country and globe – for sharing experiences and perspectives in a one-of-a-kind, brain-energizing environment. Above, Senator Rand Paul – who will be giving a presentation at this year’s program – speaks at last year’s Cato University. This year’s program will be held at the Cato Institute, in the heart of Washington, D.C – the perfect setting for examining the roots of our commitment to liberty and limited government and for exploring the ideas and values on which the American republic was founded.
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