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      As concern over climate change grows, policymakers face a difficult question: How much should society spend today to protect future generations against the unknown risks emissions create? In the new issue of Regulation, Bob Litterman, Robert S. Pindyck, Daniel Sutter, Shi-Ling Hsu, and David R. Henderson explore a variety of approaches.

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      A Tale of Two Economies

      Richard W. Rahn

      Chile has employed free-market principles to outperform Ecuador.

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      Chris Edwards

      We certainly don’t need labor unions in mass transit—and we may not even need the government.

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      Renowned 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.
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  • Selection Committee Announced for the 2010 Milton Friedman Prize for Advancing Liberty (September 11, 2009)

    The Cato Institute today announced the international committee to select the fifth recipient of the Milton Friedman Prize for Advancing...

  • Cato Institute to Launch Ad Campaign Against Government-Run Health Care (July 22, 2009)

    The Cato Institute will launch an ad campaign Thursday highlighting under-reported poll data showing Americans’ concerns that current...

  • Chávez Tries to Shut Down Pro-Free Market Educational Conference (May 27, 2009)

    CAUCAGUA, VENEZUELA — A Cato Institute educational seminar fell victim to an attempt by the Venezuelan government to shut it down for...

  • John Cochrane Joins the Cato Institute (May 22, 2009)

    University of Chicago economist John Cochrane has joined the Cato Institute as an adjunct scholar. Cochrane has done pioneering work on...

  • Vladimir Bukovsky Joins the Cato Institute (May 21, 2009)

    Author and Soviet-era political dissident Vladimir Bukovsky has joined the Cato Institute as a senior fellow. “Vladmir personifies the...

  • Harvard Economist Jeffrey Miron and Capitol Hill Veteran Mark Calabria Join the Cato Institute’s Economic Policy Team (April 20, 2009)

    Jeffrey Miron, Director of Undergraduate Studies at Harvard’s Department of Economics, has joined the Cato Institute as a Senior...

  • Tucker Carlson Joins the Cato Institute (February 23, 2009)

    Noted columnist and television commentator Tucker Carlson has joined the Cato Institute as a senior fellow.  “I’ve admired the...

  • The Biggest Check Ever Signed (February 17, 2009)

    The Obama Administration has banked a lot of political capital on the economic “stimulus” package to be signed into law today—and no doubt...

  • Four Obama Statements That Deserve Closer Scrutiny (February 10, 2009)

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  • Will Drug Violence Make Mexico a Failed State? (February 9, 2009)

    While U.S. leaders focus on Afghanistan, Iran and other problems in distant regions, there is an alarming security problem brewing right...

  • Nat Hentoff Joins the Cato Institute (February 4, 2009)

    Nat Hentoff, one of the foremost authorities on the First Amendment, has joined the Cato Institute as a senior fellow.  “The core of...

  • Daschle Loves Big Government — If Someone Else is Paying (February 3, 2009)

    The Tom Daschle imbroglio is instructive on several levels. From a policy perspective, it is an indictment of a convoluted tax code that...

  • The Human Cost of America’s Drug War (February 2, 2009)

    The large and growing problem of drug-related violence on the southern U.S. border has finally seeped into the news cycle.  The U.S....

  • Trade Lessons Unheeded (January 29, 2009)

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  • What You REALLY Need to Know About the Stimulus (January 28, 2009)

    President Obama says “economists from across the political spectrum agree” on the need for massive government spending to stimulate the...

  • Why Obama Needs to Close Gitmo (January 22, 2009)

    “Using closed courts to try suspected terrorists plays the propaganda game in exactly the way our enemies want, and cheapens American...

  • SCHIPing Away at Sustainable Federal Spending (January 15, 2009)

    Expanding SCHIP is bad medicine for the intended beneficiaries and for taxpayers.  SCHIP is a costly, poorly targeted, and unproven...

  • South Africa MP Tony Leon Will Spend Three Months at the Cato Institute (October 14, 2008)

    Tony Leon, a member of parliament in South Africa for nearly 20 years and the longest serving leader of the opposition since the advent of...

  • Cato Institute Names Robert Levy Chairman (September 25, 2008)

    The Board of Directors of the Cato Institute has elected Robert A. Levy, a former Senior Fellow in the Institute’s Center for...

  • State Medical Licensing Hinders Affordable Quality Health Care (September 17, 2008)

    Medical licensing makes health care more expensive and less accessible while failing to protect patients from incompetent physicians, finds...

  • International Trade Greatly Benefits the U.S. and World Economies (September 16, 2008)

    As anti-trade rhetoric escalates on the campaign trail in anticipation of elections, a new study unequivocally shows that the expansion of...

  • The U.S. has slipped markedly in economic freedom since the year 2000 (September 16, 2008)

    WASHINGTON — Economic freedom around the world remains on the rise but it has declined notably in the U.S. since the year 2000,...

  • Current executive pay model is fair and crucial to the health of industries (September 10, 2008)

    WASHINGTON—The “pay-for-performance” model that determines executive pay is crucial for the viability of companies and the health of...

  • Markets of competing private schools outperform public school (September 10, 2008)

    WASHINGTON—Markets of competing private schools consistently outperform public schools, concludes a Cato Institute study that...

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