On behalf of all of my colleagues at the Cato Institute, I warmly congratulate Peruvian writer Mario Vargas Llosa for having won this year’s Nobel Prize in Literature. Mario has distinguished himself not only as one of the world’s greatest novelists, but also as Latin America’s most well-known classical liberal—a champion of democratic capitalism who has never been afraid of speaking truth to power. His essays and tireless activism have educated millions of people in Latin America and inspired new generations to cherish and cultivate a culture of liberty. His vision of a modern Latin America has also informed Cato’s work in the region and beyond. We are honored and grateful that Mario has long been a generous friend of Cato’s and look forward to continuing that friendship in pursuit of advancing the liberal principles we share.
Featuring Benjamin H. Friedman, Research Fellow in Defense and Homeland Security Studies, Cato Institute; Spencer Ackerman, Senior Writer, WIRED Magazine; and Julian Sanchez, Research Fellow, Cato Institute; moderated by Laura Odato, Director of Government Affairs, Cato Institute.
Featured PublicationWe are grateful to the Harry and Lynde Bradley Foundation and the Carthage Foundation whose support of the October 2012 Cato Conference “Europe’s Crisis and the Welfare State: Lessons for the United States” made possible this special issue of the Cato Journal.
Featured BookRenowned development economist Deepak Lal draws on 50 years of experience around the globe to describe developing-country realities and rectify misguided notions about economic progress.
More Bang for Your Buck
The Cato Institute tops a new measure of think tank performance in the United States, according to a recent report. Cato bested all other U.S. think tanks in the main category of “Aggregate Profile per Dollar Spent.” “I’m grateful to the Center for Global Development for showing that Cato gives its sponsors something I wish government gave more of to taxpayers: bang for the buck,” said Cato CEO John Allison.