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Events • October 9, 2012 

# Countervailing Calamity: How to Stop the Global Subsidies Race 

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

##### Tim Carney 

[![Scott Lincicome cropped](/sites/cato.org/files/styles/author_picture/public/2023-10/scott-lincicome-square.jpg?itok=qnTH2GB_)](/people/scott-lincicome) 

##### [Scott Lincicome](/people/scott-lincicome)

Vice President, General Economics and Stiefel Trade Policy Center, Cato Institute

[ 

](https://x.com/scottlincicome) [ 

](mailto:slincicome@cato.org) 

##### John Magnus 

[![Daniel J. Ikenson](/sites/cato.org/files/styles/author_picture/public/2021-01/Dan%20Ikenson.jpg?itok=mP30bIXr)](/people/daniel-j-ikenson) 

##### [Daniel J. Ikenson](/people/daniel-j-ikenson)

Former Director, Herbert A. Stiefel Center for Trade Policy Studies