Restoring Responsible Government by Cutting Federal Aid to the States

The federal government has a large presence in state and local policy activities such as education, housing, and transportation.That presence is facilitated by “grants-in-aid” programs, which are subsidies to state and local governments accompanied by top-down regulations. In a new paper, Cato scholar Chris Edwards argues that the aid system produces irresponsible policymaking, and discusses numerous reasons why it is better to fund state activities with state revenues rather than with aid from Washington.

Remembering the Risks of Confrontation with Iran

The New York Times has an article detailing an updated military plan that calls for up to 120,000 U.S. troops to be deployed to the Persian Gulf region “should Iran attack American forces or accelerate work on nuclear weapons.” Cato scholars have written extensively on the risks of confrontation with Iran, including the dangers of direct military intervention.

Making Sense of the Minimum Wage: A Roadmap for Navigating Recent Research

For decades, debates over the minimum wage have been tense among advocates, policymakers, and professional researchers alike. While professional economists were once broadly skeptical of the benefits of a minimum wage, that consensus has eroded. Following decades of moderate minimum wage changes, select cities and states have recently passed substantial increases. In a new paper, economics professor Jeffrey Clemens discusses four ways in which the case for large minimum wage increases is either mistaken or overstated.

Why Trump’s Tariffs on China Hurt Everyday Americans

The president believes that depriving Chinese exporters of access to the U.S. market will compel Beijing to accept U.S. demands. Although raising tariffs certainly will tighten the vise, the squeeze will be felt most acutely by Americans because tariffs are nothing more than taxes on U.S. consumers, producers and investors. “Trump likes to remind audiences that he signed into law a tax bill last year that significantly reduced taxes, which he argues gives American households more spending power,” says Cato scholar Daniel J. Ikenson. “His trade war is almost certain to wipe out the benefits of his much ballyhooed tax reform.”

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Events

May 22

“I Am Offended”: Art & Free Expression

Featuring Philip Kennicott, Chief Art and Architecture Critic, the Washington Post; Janis Goodman, Panelist, WETA Around Town, Associate Professor of Fine Arts, Corcoran School of the Arts and Design, George Washington University; Lenny Campello, Author, Daily Campello Art News; and Jason Kuznicki, Research Fellow, Cato Institute and Editor, Cato Books; moderated by Caleb O. Brown, Cato Daily Podcast host, Director of Multimedia, Cato Institute.

6:30PM to 8:00PM EDT
Hayek Auditorium, Cato Institute

Of Special Note

The Inclusive Economy: How to Bring Wealth to America’s Poor

The Inclusive Economy: How to Bring Wealth to America's Poor

The Inclusive Economy: How to Bring Wealth to America’s Poor energetically challenges the conventional wisdom of both the right and the left that underlies much of the contemporary debate over poverty and welfare policy. Author and national public policy expert Michael Tanner takes to task conservative critiques of a “culture of poverty” for their failure to account for the structural circumstances in which the poor live. In addition, he criticizes liberal calls for fighting poverty primarily through greater redistribution of wealth and new government programs.

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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.

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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.

Sphere Summit: Teaching Civic Culture Together

For more than four decades, the Cato Institute has introduced people, including millions of young people, to the ideas of freedom. Many Cato books are already taught in high school curricula across the country. To advance the ideas of liberal democracy and the rule of law, Cato has developed the Sphere Summit for educators. The opening Summit seminar, “Teaching Civic Culture Together,” will be held at the Cato Institute in Washington, DC, on July 14–18, 2019.