[![Cato Policy Report - May/June 2022 cover](/sites/cato.org/files/styles/serial_cover_phone/public/2022-06/cato-policy-report-may-june-2022-cover.png?itok=5n75h7Nu)](https://www.cato.org/sites/cato.org/files/2022-09/cpr-v44n3-revised.pdf) 

# May/​June 2022 

Vol. 44 No. 3 

[ 

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](https://www.cato.org/sites/cato.org/files/2022-09/cpr-v44n3-revised.pdf) 

##### From the Cover 

### [A Libertarian Is the Only Real Egalitarian ](/policy-report/may/june-2022/libertarian-only-real-egalitarian)

By [Deirdre N. McCloskey](https://www.cato.org/people/deirdre-n-mccloskey) 

Do your own thing, without force or fraud against others.

##### President's Message 

#### [Cato’s Champion of Liberty ](/policy-report/may/june-2022/catos-champion-liberty)

By [Peter Goettler](https://www.cato.org/people/peter-goettler) 

His commitment to excellence is infectious.

##### Features 

#### [What We Can Learn from the History of Free Speech ](/policy-report/may/june-2022/what-we-can-learn-history-free-speech)

By Jacob Mchangama and Jonathan Rauch 

The health of free speech depends more on a culture of free speech than on laws.

#### [The Virtue of Fellowship ](/policy-report/may/june-2022/virtue-fellowship)

What will matter in 50 years in economic history is poverty and its ending, and in political history what will matter is tyranny and its ending. If poverty and tyranny are ended, the rest follows

#### [Cato News Notes ](/policy-report/may/june-2022/cato-news-notes)

#### [A Flood of Good Intentions ](/policy-report/may/june-2022/flood-good-intentions)

How much do federal taxpayers subsidize flood insurance?

#### [Justice for All ](/policy-report/may/june-2022/justice-all)

Cato scholars on Ketanji Brown Jackson’s confirmation

#### [Cato Studies ](/policy-report/may/june-2022/cato-studies)

#### [To Be Governed… ](/policy-report/may/june-2022/be-governed)

##### Latest Issues 

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