A global effort has been devoted to reducing world poverty. Some claim poverty can be best combated by foreign aid. Others point to the importance of domestic policies, such as those that support or weaken economic freedom. We at Cato believe that there is a strong positive relationship between economic freedom and poverty reduction and call for more research in this area.

More on Poverty


Hyperinflation — a Kaleidoscope of Uses and Abuses

By Steve H. Hanke. Forbes.com. January 30, 2019.

If You Thought Scrooge Was Bad, Consider the Victorian Home

By Chelsea Follett. American Spectator (Online). December 12, 2018.

Why Are People Poor?

By Michael D. Tanner. National Review (Online). December 5, 2018.

Cato Studies

War State, Trauma State: Why Afghanistan Remains Stuck in Conflict

By Erik Goepner. Policy Analysis No. 844. June 19, 2018.

Julian Simon Was Right: A Half-Century of Population Growth, Increasing Prosperity, and Falling Commodity Prices

By Marian L. Tupy. Economic Development Bulletin No. 29. February 16, 2018.

Making a Narco: Childhood Exposure to Illegal Labor Markets and Criminal Life Paths

By Maria Micaela Sviatschi. Research Briefs in Economic Policy No. 97. January 24, 2018.


The Challenge of Populism

Cato's Letter. Mario Vargas Llosa and Alvaro Vargas Llosa. Vol. 16. No. 1. Winter 2018.

Zimbabwe Hyperinflates, Again: The 58th Episode of Hyperinflation in History

Steve H. Hanke and Erik Bostrom. Studies in Applied Economics. No. 90. October 2017.

The Psychology of Pessimism

Cato's Letter. Steven Pinker. Vol. 13. No. 1. Winter 2015.

Public Filings

Venezuela’s Tragic Meltdown

By Steve H. Hanke. Testimony. March 28, 2017.

Hearing on Poverty and Health

By Michael F. Cannon. Testimony. September 13, 2011.

Rising Food Prices: Budget Challenges

By Steve H. Hanke. Testimony. July 30, 2008.

Cato Reviews & Journals

Is Global Freedom on the Decline?

Policy Report. March/April 2018.

80. Foreign Aid and Economic Development

Cato Handbook for Policymakers. Cato Handbook for Policymakers, 8th Edition (2017).

A New Growth Agenda

Brink Lindsey. Policy Report. November/December 2015.


Zimbabwe: Africa’s Shame and Opportunity

Featuring Steve H. Hanke and Marian L. Tupy. April 15, 2019. Policy Forum.

Progress: Ten Reasons to Look Forward to the Future

Featuring Johan Norberg, Ronald A. Bailey, and Marian L. Tupy. October 12, 2016. Book Forum.

Brazillionaires: Wealth, Power, Decadence, and Hope in an American Country

Featuring Juan Carlos Hidalgo. September 13, 2016. Book Forum.


Why the IMF Should Not Intervene

By Ian Vásquez. February 25, 1998.