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October 3, 2024
Blog

Taiwan Arms Backlog, September 2024 Update: New Maintenance Sale and Details of Troubled PDA Transfer
The sorry state of a July 2023 drawdown of US military equipment for Taiwan belies a lack of prioritization.
By Eric Gomez and Benjamin Giltner
October 3, 2024
Blog

New Defending Globalization Content: The Trade Balance, Globalization of Popular Music, and Globalized Film and TV
Today we’ve published three new essays for Cato’s Defending Globalization project on the trade balance, the globalization of popular music, and globalized film and television.
By Scott Lincicome
October 3, 2024
News Releases

Controversial Social Security Benefit Increase Would Cost Taxpayers $196 Billion
Reps. Garret Graves (R‑LA) and Abigail Spanberger (D‑VA) have secured enough support to file a discharge petition in the House of Representatives.
October 3, 2024
The American Conservative

Are Mercenaries a Way to Split the Difference on Regime Change?
… have to allow private ventures to fail, even if their success (for example, ousting Maduro) would advance official U.S. policy.The challenge to Washington would be even greater if private interests organized against U.S. policy. Imagine Saudi emigres …
By Doug Bandow
October 3, 2024
Defending Globalization: Society and Culture

The Democratic Promise of Globalized Film and Television
Viewers today enjoy a larger, more diverse selection of high-quality video content than ever before—and even greater changes may be on the way.
By Paul Matzko
October 2, 2024
Cato Daily Podcast

Buckeye v. IRS
Ohio’s Buckeye Institute is challenging the IRS practice of collecting and storing information on major donors to American nonprofits. Buckeye president Robert Alt explains why the case matters.
Featuring Robert Alt and Caleb O. Brown
October 1, 2024
Cato Daily Podcast

Reforming State and Local Economic Development Subsidies
Offering subsidies is how many states show interest in bringing in a new business enterprise and states regularly try to offer more than other states can, but it doesn’t have to be that way. Marc Joffe explains how states can get out of the trap of playing the subsidies game against their neighbors.
Featuring Marc Joffe and Caleb O. Brown
October 1, 2024
Testimony

State-Based Approaches to Countering Central Bank Digital Currency
Members of Congress have the authority at the federal level to establish legislative guidelines that prevent the launch of a CBDC, but options are limited at the state level.
By Nicholas Anthony
October 1, 2024
Blog

I, T-Shirt
Working with a major multinational retailer, we made our own t-shirt to document its surprisingly complex supply chain, which involved dozens of people in several countries, including the United States.
By Scott Lincicome
September 27, 2024
Blog

New Study Finds High Costs and Few Benefits from Protectionist Buy American Act
A new study confirms the folly of the protectionist Buy American Act, a 1933 law requiring the federal government to grant a significant price preference to US-made products.
By Colin Grabow
September 27, 2024
Blog

Javier Milei at Cato Conference: “I’m a Liberal Libertarian … I Don’t Believe Politicians Are Gods”
Argentine President Javier Milei explained why socialism always fails, why big government (the “State”) is criminal, why Argentina is now on the side of the private sector and those who innovate, and why he is a libertarian who believes in freedom.
By Michael Chapman
September 27, 2024
Blog

Pharmaceutical Pricing Around the World
Why do drug prices vary across countries? The US pays the fixed costs of drug development and other countries free ride and pay only the marginal costs.
By Peter Van Doren
September 26, 2024
Blog

The Penalty on American Savers and How USAs Fix It
Universal savings accounts achieve bipartisan goals of increasing personal savings while reducing the complex and costly penalties on Americans accessing their own money when they need it most.
By Adam N. Michel and Joshua Loucks
September 25, 2024
Blog

Does the Earned-Income Tax Credit Reduce Caregiving for Parents?
Thus in this arena, as elsewhere, attempts to control individual behavior can misfire. Perhaps work requirements are still beneficial on net, but the case is far from clear.
By Jeffrey Miron
September 25, 2024
Public Comments

Statement for the Record: Curbing Rampant Executive Spending
The Biden administration’s unilateral executive actions could cost taxpayers $2 trillion over the next decade, according to an analysis by the House Budget Committee.
By Romina Boccia