The Case against a Carbon Tax

Some proponents of federal policies to combat climate change are arguing for a federal carbon tax. Within conservative and libertarian circles, some proponents claim that a revenue-neutral carbon tax “swap” could deliver a double dividend, reducing climate change while shifting some of the nation’s tax burden onto carbon emissions, which supposedly would spur the economy. A new paper from Robert P. Murphy, Patrick J. Michaels, and Paul C. “Chip” Knappenberger argues that, both in theory and in practice, the case for a U.S. carbon tax is weaker than its most vocal supporters have led the public to believe.

Cato Studies

Of Special Note

The Three Languages of Politics

The Three Languages of Politics

First released in 2013, and now available as a newly revised Cato ebook and paperback, Arnold Kling’s The Three Languages of Politics could not be any more timely, as Americans talk past one another in a growing swirl of volume, heat, and disinterest in contrary opinions. An insightful guide on how to lower the barriers coarsening our politics, this isn’t a book about one ideology over another. Instead, it is about how we communicate issues and our ideologies, and how language intended to persuade can too often divide. Kling offers a way to see through our rhetorical blinders so that we can incorporate new perspectives and thinking into the important issues we must together share and resolve.

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

The Libertarian Mind Audiobook

The Libertarian Mind, by David Boaz, longtime executive vice president of the Cato Institute, is the best available guide to the history, ideas, and growth of libertarianism, and is the ultimate resource for the current, burgeoning libertarian movement. This acclaimed book is now available as a fully unabridged audiobook, ready for immediate downloading, on Audible.com.

Cato University: College of Economics

Cato University, the Cato Institute’s premier educational event of the year, will now be presented as a compact 3-day program several times a year, each with a different focus. This year’s inaugural program is based on the conviction that economics is a way of thinking, a tool for decision-making, and a basis for action. Discussions by Nobel Laureate Vernon Smith and top scholars and professors from Harvard University, Northwestern University, and the Cato Institute will solidify your expertise on basic economic principles, and then help you apply those tools to today’s most pressing issues.