Resisting Calls for Further U.S. Intervention in Syria

Some critics of President Obama’s foreign policy are using Russia’s decision to try to prop up Bashar al-Assad’s teetering regime as a justification for renewed U.S. involvement in Syria. According to Cato scholars, this would be a terrible mistake. “Up to this point, President Obama has exercised commendable restraint in resisting pressure to ‘do more’ in Syria,” says Cato scholar Brad Stapleton, “It would be folly to abandon that course in some sort of knee-jerk reaction to Russian intervention.”

Final TPP Agreement Is Welcome News

The United States and 11 other Pacific Rim nations on Monday reached final agreement on the Trans-Pacific Partnership (TPP), concluding years of negotiations.  Cato scholar Daniel J. Ikenson calls the announcement welcome news: “Congratulations are in order for the negotiators of the TPP who worked extremely hard to arrive at this moment. Achieving agreement between 12 countries at different levels of economic development with disparate policy objectives on a broad array of subjects isn’t for the feint of heart.”  Ikenson says a vote in Congress to ratify the agreement is likely to occur sometime between July 2016 and January 2017.

The Myth of Dynastic Wealth

One of the primary flaws in Thomas Piketty’s Capital in the Twenty-First Century is that wealthy families will grow ever richer over future generations, leading to a society dominated by unearned, hereditary wealth.  However, in the new issue of Cato Journal, Robert Arnott, William Bernstein, and Lillian Wu argue that dynastic wealth accumulation is simply a myth. Also in this issue, Robert C. Jones explains how Piketty’s theory of capital confuses cause and effect, and asserts that his policy prescriptions would likely prove counter-productive.

Reviving Economic Growth

If you could wave a magic wand and make one or two policy or institutional changes to brighten the U.S. economy’s long-term growth prospects, what would you change and why? That was the question asked to the 51 contributors in Reviving Economic Growth, edited by Cato scholar Brink Lindsey. The ebook offers a wide-ranging exploration of policy options, and encourages fresh thinking about the daunting challenges facing the U.S. economy.

Recent Commentary


October 20

Perilous Partners: The Benefits and Pitfalls of America’s Alliances with Authoritarian Regimes

Featuring the authors Ted Galen Carpenter, Senior Fellow, Cato Institute; and Malou Innocent, Adjunct Scholar, Cato Institute; with comments by Andrew J. Bacevich, Professor Emeritus of History and International Relations, Boston University; and Jacob Heilbrunn, Editor, The National Interest; moderated by Christopher Preble, Vice President for Defense and Foreign Policy Studies, Cato Institute.

12:00PM to 1:30PM Hayek Auditorium

Of Special Note

Perilous Partners

Perilous Partners

American leaders have cooperated with regimes around the world that are, to varying degrees, repressive or corrupt. Such cooperation is said to serve the national interest. But these partnerships also contravene the nation’s commitments to democratic governance, civil liberties, and free markets.

In Perilous Partners, authors Ted Galen Carpenter and Malou Innocent provide a strategy for resolving the ethical dilemmas between interests and values faced by Washington.

Purchase your copy today

Special! 10 Copies for $10

Cato Pocket Constitution

To encourage people everywhere to better understand and appreciate the principles of government that are set forth in America’s founding documents, the Cato Institute published this pocket-size edition.

Now Open!

The 2016 Friedman Prize: Nominations

The Milton Friedman Prize for Advancing Liberty, named in honor of perhaps the greatest champion of liberty in the 20th century, is presented every other year to an individual who has made a significant contribution to advance human freedom. Nominations are now being accepted for the 2016 prize – which will be presented on May 25, 2016 at the Award’s biennial dinner at the Waldorf-Astoria Hotel in New York City.

33rd Annual Monetary Conference

33rd Annual Monetary Conference
Rethinking Monetary Policy

The distinguished speakers at this conference will consider the risks of unconventional monetary policy, the steps that need to be taken to normalize policy, and the fundamental question of rules versus discretion in the conduct of monetary policy.

Register to Attend