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Featured Book

Economics in One Virus: An Introduction to Economic Reasoning through COVID-19

Economics in One Virus draws on the dramatic events of 2020 to bring to life some of the most important principles of economic thought. Packed with supporting data and the best new academic evidence, those uninitiated in economics will be given a crash course in the subject through the applied case study of the COVID-19 pandemic to help explain everything from why the United States was underprepared for the pandemic to how economists go about valuing the lives saved from lockdowns.

COVID Defense
Featured Series

Pandemics and Policy

Just as the COVID-19 pandemic has upended our daily lives, it has transformed the political landscape, with governments at all levels exercising emergency powers rarely seen outside the context of total war. With so much at risk, what’s needed now is sober, realistic assessment of the choices ahead—a guide to policies that can stem the damage while avoiding permanent transformation of American life and law. The Cato Institute aims to meet that need with this new series.