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      The Rise and Fall of the Gold Standard in the United States

      George Selgin

      There is, in informal discussions and even in some academic writings, a tendency to treat U.S. monetary history as divided between a gold...
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      Featuring Jagadeesh Gokhale, Cato Institute; David Autor, Massachusetts Institute of Technology; Harold Pollack, University of Chicago; and Stephen C. Goss, Social Security Administration; moderated by Michael D. Tanner, Cato Institute.

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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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News Releases

  • Sarbanes-Oxley Rules Complicate Financial Reports (August 19, 2008)

    WASHINGTON — The goal of the 2002 Sarbanes-Oxley Act was to make corporate accounting more transparent. In practice, a new Cato...

  • Education tax credits would save states billions (July 1, 2008)

    WASHINGTON — Education tax credits — programs that allow individuals to deduct education expenses from their tax liabilities,...

  • Zimbabwe’s Economy Cannot Recover Without Drastic Monetary Reform (June 25, 2008)

    WASHINGTON — Zimbabwe’s economic crisis can only be overcome if hyperinflation is stopped. The only way to do this rapidly is...

  • “Trade facilitation” offers intelligent reforms to increase trade (June 17, 2008)

    WASHINGTON — As the Doha Round lies in a cryogenic state, there are plenty of measures governments can take to increase trade,...

  • Cato study calls for end to long-range transportation planning (May 27, 2008)

    WASHINGTON – Federal law requires metropolitan planning organizations to produce long-range transportation plans.  According to a new...

  • Naomi Klein’s The Shock Doctrine is based on shocking distortions (May 14, 2008)

    WASHINGTON—Naomi Klein’s popular book The Shock Doctrine: The Rise of Disaster Capitalism, which claims to expose the truth...

  • Venezuelan Student Movement Leader Awarded $500,000 Milton Friedman Liberty Prize (April 24, 2008)

    Washington, D.C. - The Cato Institute has announced that Yon Goicoechea, leader of the pro-democracy student movement in Venezuela that...

  • U.S. Has Not Yet Seen True Market-Based Reform in Education (April 16, 2008)

    WASHINGTON—Most U.S. school choice studies to date have made mistaken and insupportable claims about market reform in education,...

  • McCain’s Trade Policies Would Be Most Beneficial to U.S. Economy (April 15, 2008)

    Of the presidential candidates, John McCain’s policies on free trade would be most beneficial to the U.S. economy, finds “Race to the...

  • Rail transit won’t reduce greenhouse gases (April 14, 2008)

    WASHINGTON - In the last 15 years, American cities have spent $100 billion on new rail transit projects. Proponents now justify the...

  • Trade and globalization not to blame for economic slowdown (March 31, 2008)

    WASHINGTON — Contrary to political rhetoric, free trade does not cause economic downturns, but in fact it has helped ensure that...

  • Despite Having Destroyed Zimbabwe, Mugabe Likely to be “Reelected” (March 24, 2008)

    WASHINGTON — Robert Mugabe will likely remain in power after this weekend’s elections despite being largely responsible for...

  • New libertarian project launched in crossroads of Europe, Asia, and the Middle East (March 20, 2008)

    The worldwide spread of libertarian ideas continues to advance with the launch of a new project based in the former Soviet Republic of...

  • Cato study finds Iran a surprising model for kidney markets (March 20, 2008)

    WASHINGTON — The United States suffers from an acute shortage of kidneys for transplant, with 73,000 people waiting for deceased...

  • “Sovereign Wealth Funds” Are Beneficial and Safe for U.S. Economy (March 14, 2008)

    “Sovereign Wealth Fund” investment, like all foreign investment, benefits the U.S. economy in myriad ways.  Accordingly, it should be...

  • “EEV” of Destruction (March 6, 2008)

    E-Verify, the program promoted by the Bush administration to reduce illegal immigration, would be ineffective, invasive and costly, finds a...

  • Former Putin advisor slams Russian election as farce (February 29, 2008)

    WASHINGTON — “The Russian presidential election is a sad farce and another manipulative operation undertaken by the siloviki...

  • US has to be more realistic about Russia (February 29, 2008)

    At a time when the United States and Russia are increasingly at odds on major world issues such as Kosovo, Iran and energy security,...

  • World Health Report Rankings Driven by Ideology, Skewed Data (February 26, 2008)

    WASHINGTON – The two remaining Democratic presidential candidates take the stage tonight in what could be the final debate before the...

  • New Cato web feature offers access and analysis of key trade votes (February 15, 2008)

    WASHINGTON — The Cato Institute’s Center for Trade Policy Studies launched a powerful new interactive web feature this week...

  • Ending Fiat Money Woes: A Return to the Gold Standard (February 8, 2008)

    WASHINGTON – Though the idea does not currently have much traction, returning the U.S. dollar to the gold standard could prove superior to...

  • Climate change will not be the century’s most urgent environmental problem (February 5, 2008)

    WASHINGTON — Climate change is expected to exacerbate a variety of environmental and human health problems. Does this mean we...

  • NATO in difficulty due to over-stretch and intra-alliance disagreements (January 15, 2008)

    WASHINGTON — The North Atlantic Treaty Organization (NATO) risks collapse as a result of commitments taken on since the end of the...

  • Applying the Amazon.com Model to the Promotion of Freedom (December 12, 2007)

    The Cato Institute has established itself as one of the most international of think tanks with active research and publication programs in...

  • Is Wage Growth Really the Answer to Social Security’s Looming Insolvency? (December 10, 2007)

    Long-accepted conventional wisdom has held that wage growth alone can improve the financial condition of Social Security — that it is...

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