Many people identify the Tea Party with the religious right and social conservatism. A new study of public opinion suggests this common view is misguided. The Tea Party is united on economic issues, but split on the social issues it avoids. Roughly half the Tea Party is socially conservative, half is libertarian — or, fiscally conservative, but socially moderate to liberal. Understanding the Tea Party’s strong libertarian roots helps explain how the Tea Party movement has become a functionally libertarian influence on the Republican Party. Even social conservatives and evangelicals within the Tea Party act like libertarians. The Tea Party is upending the conventional wisdom that Republican candidates must placate socially conservative voters to win primaries. These surprising findings are sure to generate controversy and debate.
Featuring Dan Ikenson, Director, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; Simon Lester, Policy Analyst, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; Daniel Pearson, Senior Fellow, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; and Bill Watson, Policy Analyst, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute.
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In this issue of the Cato Journal, economists Geoffrey Black, D. Allen Dalton, Samia Islam, and Aaron Batteen offer one prominent example of allowing the market to work. Also in this issue, economists Jason E. Taylor and Jerry L. Taylor reexamine the relationship between marginal tax rates and U.S. growth, and Robert Krol looks at bias in CBO and OMB economic forecasts.
P.J. O’Rourke discusses his book, The Baby Boom: How It Got That Way (And It Wasn’t My Fault) (And I’ll Never Do It Again) on FBN’s The Independents
March 11, 2014
March 11, 2014
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The 2008-2009 financial crisis and Great Recession have vastly increased the power and scope of the Federal Reserve, and radically changed the financial landscape. This new ebook examines those changes and considers how the links between money, markets, and government may evolve in the future.