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November 8, 2023
Testimony

IRS, Tax Gap, and Fiscal Responsibility
… spending for foreign crises or other priorities should be offset, and I propose some spending and revenue options below. Some policymakers favor spending more on Internal Revenue Service (IRS) enforcement to raise added revenues. But that approach would create collateral …
By Chris Edwards
November 6, 2023
Blog

Breaking Down Taiwan’s Arms Backlog, Part 1: Overview and Methodology
We have attempted to shine a light on the Taiwan arms backlog to better understand what it contains and examine recent trends in US arms sales to Taiwan.
By Eric Gomez and Benjamin Giltner
November 6, 2023
Blog

New Cato Study Confirms Fed Cannot Control Inflation
… factors together account for 85 percent to 90 percent of inflation. As Cato scholars have pointed out for decades, monetary policy is particularly helpless in the face of supply‐driven inflation. The maximum effect the report finds is Fed policy …
By Jai Kedia
November 6, 2023
Responsible Statecraft

US Is Barreling toward Another War in the Middle East
What exactly is the Biden administration doing to avoid the broader conflict?
By Jon Hoffman
November 2, 2023
The American Conservative

George Orwell’s 1984 in Washington
… defense”—for America’s invading force illegally occupying Syria’s land, plundering its resources, and sanctioning its government. Washington foreign policy, meet George Orwell’s 1984. How many conflicts does the administration want? The United States is fighting a proxy …
By Doug Bandow
November 2, 2023
The Times

If the Tories Won’t Cut Taxes, Then They Should Reform Them Properly
By Ryan Bourne
November 1, 2023
Blog

Dulles Airport Metro Extension Not Paying Off
Washington Metro’s extension to Dulles Airport and beyond to Loudoun County provides a new travel option for air travelers and airport employees, but, thus far, it is not attracting enough riders to justify its high costs.
By Marc Joffe and Jerome Famularo
November 1, 2023
The Dispatch

The New Right Gets Mugged by an Old Reality
Economic nationalists champion interventionism, but they’re waking up to a harsh fact: Political opponents can wield it too.
By Scott Lincicome
October 31, 2023
Blog

Trade’s Trick or Treat
Thanks to globalization, chocolate is integral to US culture, not only serving as currency on Halloween but as a gift on special occasions, and even a daily pick-me-up.
By Gabriella Beaumont-Smith
October 30, 2023
Blog

A Carbon Tariff Is a Carbon Tax for Protectionists
A carbon tax on imports would hurt consumers just like other tariffs and would take us one step closer to a domestic carbon tax.
By Travis Fisher
October 30, 2023
Blog

US Manufacturing Is Already Thriving and Higher Tariffs Won’t Help
Contra the claims of some members of the commentariat, US manufacturing remains in robust health and new tariffs will only undermine the sector.
By Colin Grabow
October 30, 2023
Bloomberg Law

Expanding the Federal Child Tax Credit Comes with Pros and Cons
Not every problem can be solved with more cash.
By Adam N. Michel
October 30, 2023
Blog

What’s Another $56 Billion in Emergency Spending?
With deficits in the trillions and interest rates at historic highs, taxpayers cannot afford more mindless emergency spending.
By Romina Boccia and Dominik Lett
October 27, 2023
Blog

Senator Warren Targets Crypto with Questionable Data, Again
Again, it seems an anti-cryptocurrency narrative is being built in Congress based on questionable evidence, to say the least.
By Nicholas Anthony
October 26, 2023
Cato Daily Podcast

All the Kingdoms of the World: On Radical Religious Alternatives to Liberalism
There is a word for self-styled conservatives who nonetheless want to the power of the state to compel certain social outcomes: illiberal. Kevin Vallier is author of All the Kingdoms of the World: On Radical Religious Alternatives to Liberalism.
Featuring Kevin Vallier and Caleb O. Brown