Fiscal Policy Report Card on America’s Governors 2014

In the new “Fiscal Policy Report Card on America’s Governors,” Cato scholars Nicole Kaeding and Chris Edwards examine the tax and spending decisions made by U.S. governors since 2012. Governors who have cut taxes and spending the most receive the highest grades, while those who have increased taxes and spending the most receive the lowest grades. Only four governors were awarded an “A” in this latest report card — Pat McCrory of North Carolina, Sam Brownback of Kansas, Paul LePage of Maine, and Mike Pence of Indiana.

One Year into the TTIP Negotiations: Getting to Yes

We are now just over one year into the Transatlantic Trade and Investment Partnership (TTIP) negotiations, and it is time for an evaluation of what has been achieved. Are the talks progressing as rapidly as hoped? Are the hurdles surmountable? Will this giant free-trade zone actually come to fruition?  A new bulletin from Cato scholar Simon Lester examines the current state of the TTIP talks relative to expectations and in the larger context of the world trading system.

Medical Marijuana Laws and Teen Marijuana Use

Given its overall popularity with the general public, it could be viewed as surprising that approximately half of the states still have not legalized medical marijuana. Opponents of medical marijuana, however, have employed a number of arguments, several of which focus on marijuana use by teenagers.  New research from D. Mark Anderson, Benjamin Hansen and Daniel I. Rees examines the relationship between medical marijuana laws and marijuana consumption among high school students.  Their results suggest that the legalization of medical marijuana is not accompanied by increases in marijuana use among high school students.

The Financial Crisis: Why the Conventional Wisdom Has It All Wrong

Don’t believe for a moment those economic theorists who tell us the reason for our slow growth, economic malaise, and continued high unemployment is due to the uniqueness of a financially led economic recession. In the new issue of Cato Journal, Richard Kovacevich, Chairman Emeritus of Wells Fargo, outlines the political decisions and regulations that have contributed to the crisis and sluggish recovery.  Also in this issue, 2012 Friedman Prize winner Mao Yushi looks at the tragic legacy of China’s Great Famine, and 2014 Friedman Prize winner Leszek Balcerowicz discusses the main problems and proposed solutions with respect to the euro.

Recent Commentary


October 7


Featuring the Executive Producer, Patrick Sammon; moderated by Walter Olson, Senior Fellow, Center for Constitutional Studies, Cato Institute.

5:00pm Hayek Auditorium

October 9

Bootleggers and Baptists: How Economic Forces and Moral Persuasion Interact to Shape Regulatory Politics

Featuring the authors Adam Smith, Assistant Professor of Economics and Director, Center for Free Market Studies, Johnson & Wales; and Bruce Yandle, Dean Emeritus of the College of Business and Behavioral Science, and Alumni Distinguished Professor of Economics Emeritus, Clemson University; with comments by Susan Dudley, Research Professor of Public Policy and Public Administration and Director, Regulatory Studies Center, George Washington University; moderated by John Samples, Vice President and Publisher, Cato Institute.

12:00pm Hayek Auditorium

Of Special Note

Win a Free iPad Mini

Win a Free iPad Mini

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It’s a win – win. You’ll be able to start receiving emails on upcoming Cato events, links to Cato’s newest research reports, multimedia products, podcasts, special book and ebook offers, and more, while being in line to receive a free iPad Mini. Sign up now.

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.

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