The Bottom Line

Social Security is not sustainable without reform. Simply put, it cannot pay promised future benefits with current levels of taxation. Yet raising taxes or cutting benefits will only make a bad deal worse. However, allowing younger workers to privately invest their Social Security taxes through individual accounts will improve Social Security’s rate of return; provide better retirement benefits; treat women, minorities, and low-income workers more fairly; and give workers real ownership and control of their retirement funds.

Cato Studies


Of Special Note

Perilous Partners

Perilous Partners

American leaders have cooperated with regimes around the world that are, to varying degrees, repressive or corrupt. Such cooperation is said to serve the national interest. But these partnerships also contravene the nation’s commitments to democratic governance, civil liberties, and free markets.

In Perilous Partners, authors Ted Galen Carpenter and Malou Innocent provide a strategy for resolving the ethical dilemmas between interests and values faced by Washington.

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Cato Pocket Constitution

To encourage people everywhere to better understand and appreciate the principles of government that are set forth in America’s founding documents, the Cato Institute published this pocket-size edition.

Annual Report

Cato’s 2014 Annual Report

The Cato Institute’s 2014 Annual Report is now available online for immediate viewing. This year’s Annual Report details Cato’s accomplishments, growth, and the wide range of initiatives taken over the past year. In addition, the Annual Report covers Cato’s rapid growth in media impact, multimedia output, publishing projects, and highlights issues Cato is energetically pursuing in the year ahead.

33rd Annual Monetary Conference

33rd Annual Monetary Conference
Rethinking Monetary Policy

The distinguished speakers at this conference will consider the risks of unconventional monetary policy, the steps that need to be taken to normalize policy, and the fundamental question of rules versus discretion in the conduct of monetary policy.

Register to Attend