Featuring Dorothy Robyn, Senior Policy Expert, Clinton and Obama Administrations; Stephen Van Beek, Vice President of Aviation Consulting, ICF International; and Chris Edwards, Editor, DownsizingGovernment.org, Cato Institute; moderated by Peter Russo, Director of Congressional Affairs, Cato Institute.
Of all the rights the U.S. Constitution protects, courts are probably most vigilant about protecting free speech. Freedom of expression is not only a cornerstone of democratic government, but also central to the more ordinary choices citizens make in their daily lives. Yet one class of speech has been almost entirely ignored by the courts: speech by professionals engaged in their business. In the new issue of Regulation, Cato scholar Timothy Sandefur argues that the Supreme Court should make it clear that censoring professionals is intolerable.
Published in the wake of the Supreme Court’s landmark decision in Kelo v. New London, Cornerstone of Liberty: Property Rights in 21st Century America made a powerful contribution to the firestorm of interest in protecting property rights. Now in its second edition, Cornerstone of Liberty has been fully updated by authors Timothy and Christina Sandefur, and examines how dozens of new developments in courtrooms and legislatures across the country have shifted the landscape of private property rights since 2005.
The Cato Institute has released its 2014 Annual Report, which documents a dynamic year of growth and productivity. “Libertarianism is the philosophy of freedom,” Cato’s David Boaz writes in his book, The Libertarian Mind. “It is the indispensable framework for the future.” And as the new report demonstrates, the Cato Institute, thanks largely to the generosity of our Sponsors, is leading the charge to apply this framework across the policy spectrum.
Aftermath: The Unintended Consequences of Public Policies
Featuring the author Thomas E. Hall, Professor of Economics, Miami University of Ohio; with comments by Jason Kuznicki, Research Fellow, Cato Institute; and Patrick McLaughlin, Mercatus Center, George Mason University; moderated by John Samples, Vice President and Publisher, Cato Institute.
When government imposes new taxes, rules, or regulations, it creates outcomes that often differ from the original intent. In some cases, these outcomes are so severe that they render the policy a failure. The law of unintended consequences has taken on an increasing importance during the era of ever-expanding government, and this book explores four important examples: cigarette taxes, alcohol prohibition, the minimum wage, and federal income tax. Hall examines how the policies came into being, what underlying political considerations influenced the process, the unintended outcomes of the policies, and why many of these policies are still in place. Because many of these unintended consequences are seriously adverse, the author argues that the moral of these four key examples is that whenever a new government policy is being considered, much more detailed review must be given to the range of potential unintended consequences—a practice that is rarely or accurately undertaken.