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Political Philosophy

The Jeffersonian philosophy that animates Cato's work has increasingly come to be called "libertarianism" or "market liberalism." Rooted in the traditional American principles of individual liberty and limited government, it combines an appreciation for entrepreneurship, the market process, and lower taxes with strict respect for civil liberties and skepticism about the benefits of both the welfare state and foreign military adventurism.

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RELATED BOOKS

Realizing Freedom: Libertarian Theory, History, and PracticeRealizing Freedom: Libertarian Theory, History, and Practice
Written from his perspective as scholar, journalist, and activist, Tom Palmer's incisive articles range in subject from the theory of justice, multiculturalism, and democracy, to limited government, globalization, property rights, censorship, individual liberty, and more.

Rehabilitating Lochner: Defending Individual Rights against Progressive ReformRehabilitating Lochner: Defending Individual Rights against Progressive Reform
A timely reevaluation of a widely misunderstood and unfairly criticized 1905 Supreme Court decision (Lochner v. New York), which invalidated state laws limiting work hours, and became the leading case contending that novel economic regulations were unconstitutional.

Upcoming Studies from the Cato Institute

"Competition in Currency: The Potential for Private Money," by Thomas Hogan