The Myth of the Cyber Offense: The Case for Restraint

Great-power competition in the 21st century increasingly involves the use of cyber operations between rival states. But do cyber operations achieve their stated objectives? What are the escalation risks? Under what conditions could increasingly frequent and sophisticated cyber operations result in inadvertent escalation and the use of military force? A new paper from Marine Corps University professors Brandon Valeriano and Benjamin Jensen examines the character of cyber conflict through time, and recommends a more prudent and restrained approach to cyber operations.

Cato Sues SEC Over Gag Orders

Cato has sued the Securities and Exchange Commission in federal court, challenging the SEC’s policy of imposing perpetual gag orders on settling defendants in civil enforcement actions. The clear point of that policy is to prevent people with the best understanding of how the SEC uses its vast enforcement powers from sharing that knowledge with others. But silencing potential critics is not an appropriate use of government power and, as explained in Cato’s complaint, it plainly violates the First Amendment’s protections of free speech and a free press.

The Case for an Immigration Tariff: How to Create a Price-Based Visa Category

The current U.S. immigration system favors non-economic immigrants. About 81 percent of new immigrants are family members of American citizens or green card holders, whereas only 5 percent earn green cards for employment or investment purposes. Our rapidly changing economy requires a more dynamic immigration system that allows in types of economic immigrants who are barred under the current system. In a new study, Cato scholar Alex Nowrasteh proposes an additional visa category that would allow foreigners to work and live legally in the United States after paying a tariff.

Ending Chevron Deference

The word is out: the Supreme Court is poised to roll back the Chevron doctrine. Set out in Chevron v. Natural Resources Defense Council (1984), the opinion states that when Congress has not “spoken directly to the precise question at issue,” a court reviewing an agency action “may not substitute its own construction of a statutory provision for a reasonable interpretation made by … the agency.” That gives agencies more flexibility in making law by issuing regulations. In the new issue of Regulation, law professor David Schoenbrod argues that the Court should ground any modification of Chevron on the constitutional norm that the “lawmakers” elected by the governed—that is, members of Congress—should take responsibility for the laws.

Recent Commentary

Cato Sues SEC Over Gag Orders

Cato has sued the Securities and Exchange Commission in federal court challenging the SEC’s policy of imposing perpetual gag orders on settling defendants in civil enforcement actions.

Events

January 17

Promoting Fintech Innovation and Consumer Choice: The Role of Regulatory Sandboxes

Featuring Paul Watkins, Director of the Office of Innovation, Consumer Financial Protection Bureau; Conan French, Senior Advisor for Innovation and Fintech, Institute for International Finance; Eric Mogilnicki, Partner, Covington & Burling LLP; Diego Zuluaga, Policy Analyst, Cato Institute’s Center for Monetary and Financial Alternatives; moderated by Todd Zywicki, George Mason University Foundation Professor of Law, Antonin Scalia Law School and Senior Fellow, Cato Institute.

11:00AM to 12:30PM EST
Hayek Auditorium, Cato Institute

Of Special Note

Freedom: Art as the Messenger

Freedom: Art as the Messenger

The Cato Institute welcomes artists working in any medium to address the concept of Freedom: Art as the Messenger. We are living in an era where people are finding their combative voice but having little conversation or dialogue. The goal of this inaugural exhibition is to provide a medium for that conversation.

This exhibition invites all investigative points of view in all media; 2-D, 3-D, audio, and video. A full spectrum of interpretation is invited — whether personal, emotional, general, realistic or imagined, communal, or individual — addressing Freedom in all its manifestations through art.

Special! 10 Copies for $10

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.

Now Available

Home Study Resources

The Cato Institute offers a wealth of online educational audio and video resources, from self-paced guides on the ideas of liberty and the principles of economics, to exclusive, archived lectures by thinkers such as Milton Friedman and F. A. Hayek. Browse through some highlights of our collections, for personal study or for use in the classroom.

The Jones Act: Charting a New Course after a Century of Failure

For nearly 100 years the Jones Act has restricted the transportation of cargo between two points in the U.S. to ships that are U.S.-built, crewed, owned, and flagged. Meant to bolster the U.S. maritime industry, the Act has instead led to a steady deterioration in the number of ships, sailors, shipyards, and has imposed large economic burdens. This full-day conference examined the Act in greater detail and evaluated options for reform.