U.S. Antidumping Policy toward China after 2016

The use of antidumping measures to protect certain domestic industries may be the most widely abused trade policy instrument worldwide.  And U.S. authorities reserve their most punitive and abusive practices for goods from China.  But in 2016, certain WTO conditions allowing this discriminatory approach will expire, and the U.S. will no longer be in compliance with WTO rules. A new paper from Cato scholar K. William Watson explores the various scenarios that might unfold as the 2016 expiration date approaches.

How Responsive Is Investment in Schooling to Changes in Redistributive Policies and in Returns?

Israeli kibbutzim are voluntary communities that have provided their members with a high degree of income equality for almost a century. Beginning in 1998, many kibbutzim introduced compensation schemes based on members’ productivity, which created a link between productivity and earnings in kibbutzim for the first time. New research from Ran Abramitzky and Victor Lavy studies whether this sharp change in the redistributive policy, by increasing the returns to schooling for kibbutz members, induced high-school students to invest more in their education.

Marijuana Policy in Colorado

In November 2012, voters in the states of Colorado and Washington approved ballot initiatives that legalized marijuana for recreational purposes. Supporters and opponents of such initiatives make numerous claims about the impacts of state-level marijuana legalization. A new working paper from Jeffrey Miron, part of a longer-term project that will monitor state marijuana legalizations, provides a preliminary assessment of marijuana legalization and related policies in Colorado. The conclusion from this initial evaluation is that changes in Colorado’s marijuana policy have had minimal impact on marijuana use and the outcomes sometimes associated with use.

SSDI Reform: Promoting Gainful Employment while Preserving Economic Security

Determining whether medical impairments imply inability to work is becoming more difficult in a growing number of cases, with the result that many applicants with residual work capacities are admitted to Social Security Disability Insurance (SSDI), a program facing imminent insolvency. A new paper from Cato scholar Jagadeesh Gokhale advocates a change in the structure of SSDI’s benefit payments to those admitted to the program. Shifting benefits at the margin toward paying beneficiaries to work rather than to remain out of the work force would encourage beneficiaries with residual capacities to return to work.

Recent Commentary


November 3

Overruled: The Long War for Control of the U.S. Supreme Court

Featuring the author Damon Root, Senior Editor, Reason magazine and Reason.com; with comments by Jeffrey Rosen,Professor of Law, George Washington University, and President & CEO, National Constitution Center; and Roger Pilon, Vice President for Legal Affairs, Cato Institute, and Director, Cato Center for Constitutional Studies; moderated by Walter Olson, Senior Fellow, Cato Institute.

12:00pm Hayek Auditorium

November 5

Federal Policy, the Election, and the Changing Ivory Tower

Featuring John Ebersole, President, Excelsior College; Barmak Nassirian, Director, Federal Relations and Policy Analysis, American Association of State Colleges and Universities; Peter Smith, Senior Vice President, Academic Strategy, Kaplan Higher Education Group; and Neal McCluskey, Associate Director, Center for Educational Freedom, Cato Institute; moderated by Amy Laitinen, Deputy Director, Education Policy Program, New America Foundation.

12:00pm Hayek Auditorium

November 6

32nd Annual Monetary Conference

Featuring James Grant, Founder and Editor, Grant’s Interest Rate Observer; Axel Leijonhufvud, Professor of Economics (Emeritus), UCLA; Patrick Byrne, CEO and Chairman, Overstock.com; Steve Forbes, Chairman and Editor-in-Chief, Forbes Media; Judy Shelton, Co-Director, Sound Money Project, Atlas Economic Research Foundation; and John Allison, President and CEO, Cato Institute, and retired Chairman and CEO, BB&T.

9:00am Hayek Auditorium

Of Special Note

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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.

32nd Annual Monetary Conference

32nd Annual Monetary Conference
Alternatives to Central Banking: Toward Free-Market Money

Thursday, November 6, 2014
9:00 a.m. — 6:15 p.m.

When the Federal Reserve was created in 1913, its powers were limited and the U.S. was on the gold standard. Today the Fed has virtually unlimited power and the dollar has no backing. Leading scholars and advocates for fundamental monetary reform will discuss the case for sound money and the reforms needed to realize it.

Details and registration