From the Cover
The Cato Institute Awards Jimmy Lai with the 2023 Milton Friedman Prize for Advancing Liberty
Lai is still an outspoken critic of the Chinese government.
Features
“Keep Cato Busy Being Born”
Those of us at Cato today have inherited an incredibly strong foundation on which to keep building.
Bankruptcy—Gradually, Then Suddenly?
Even if the current federal government spending trajectory was affordable in the sense that Congress would simply need to raise the taxes to pay for it, the fact that most of the growth in federal spending will go toward subsidizing consumption, rather than toward productive investments, is problematic.
From Research to Impact
We are building leaders for the next generation here, and they can be seen on Capitol Hill.