New on YouTube: Daniel J. Mitchell on ABC’s 20/20

Ever wonder why CEOs of major companies make so much money? And when the company goes bust, why does the CEO leave with millions? In this Cato Weekly Video, John Stossel interviews senior fellow Daniel J. Mitchell and others to find out.

“A contract is a contract, and one of the differences between a civilized country and a banana republic is that the rule of law is enforced,” says Mitchell.

Subscribe to Cato’s YouTube channel.