The Case against the Constitutional Amendments Seeking to Overturn Citizens United

Concerns about the putative political and electoral consequences of the Citizens United decision have fostered several proposals to amend the Constitution. Most simply propose giving Congress unchecked new power over spending on political speech, power that will be certainly abused. In a new paper, Cato scholar John Samples argues that the public purposes cited for restricting political spending and speech are not persuasive and do not justify the breadth of power granted under these amendments. “Americans should defend—not amend away—the freedom of speech recognized by the First Amendment,” says Samples.

The Impact of Cartel Behavior on Global Oil Prices and the Challenge to Free Markets

The OPEC cartel has been the key actor in world crude oil markets for four decades and counting. In a new study published by Securing America’s Future Energy (SAFE), authors Andrew Morriss and Roger Meiners conclude that much of the volatility that characterizes world crude oil markets can be laid at the cartel’s doorstep and, as a consequence, “the international market for oil is not a free market.” On April 25, Morriss and Meiners will discuss the policy implications of their findings at Cato with Frederick W. Smith, Chairman, President and CEO of FedEx.

Guest Worker Visas Key to Immigration Reform

The Senate’s bipartisan “Gang of Eight” early Wednesday released its immigration reform bill, the cornerstones of which are increased border security and a path to legal residency for undocumented migrants. Cato has long argued that a key component of politically feasible immigration reform has to be increased numbers of guest workers and legal immigrants. “Only a timely, cheap, and lawful way to enter and work in the United States will stanch unauthorized immigration and grow our economy,” argues Cato scholar Alex Nowrasteh.

Will Washington Get Gun Law Reform Right?

With the tragedy at Newtown still fresh in Americans’ minds, the Senate this week takes up debate on the new gun control bill. There is room for positive compromise, writes Cato scholar Trevor Burrus—but only if the two major political parties adjust their thinking: “Democrats must stop pursuing ineffective laws, and Republicans must confront the problem of how guns get in the wrong hands.”

Recent Commentary

Events

April 23

Switzerland: A Free-Market Model for Europe?

Featuring R. James Breiding, Author, Swiss Made, and founder, Naissance Capital; with comments by Richard Rahn, Senior Fellow, Cato Institute, and Chairman, Institute for Global Economic Growth; moderated by Mark Calabria, Director, Financial Regulation Studies, Cato Institute; with a brief welcome by Manuel Sager, Swiss Ambassador to the United States.

5:00pm Hayek Auditorium

April 24

Constitutional Money: A Review of the Supreme Court’s Monetary Decisions

Featuring the author Richard H. Timberlake, Jr., Professor Emeritus of Economics, University of Georgia; with comments by Steve H. Hanke, Professor of Applied Economics, The Johns Hopkins University, and Senior Fellow, Cato Institute; and George A. Selgin, Professor of Economics, University of Georgia, and Senior Fellow, Cato Institute; moderated by James A. Dorn, Editor, Cato Journal, and Vice President for Academic Affairs, Cato Institute.

12:00pm Policy Center with Foyer

Of Special Note

Win a Free Nook

Win a Free Nook

The Cato Institute is giving away free Barnes & Noble Nook e-readers this spring, with a new winner chosen once a month in April, May, and June. All you need to do to get your shot at winning a Nook is provide your email address.

Special! 10 Copies for $10

Cato Pocket Constitution

To encourage people everywhere to better understand and appreciate the principles of government that are set forth in America’s founding documents, the Cato Institute published this pocket-size edition.

Cato University 2013

Cato University 2013 * July 28 - August 2

Cato University is Cato’s premier educational event of the year. This annual program brings together outstanding faculty and participants from around the country and globe – for sharing experiences and perspectives in a one-of-a-kind, brain-energizing environment. Above, Senator Rand Paul – who will be giving a presentation at this year’s program – speaks at last year’s Cato University. This year’s program will be held at the Cato Institute, in the heart of Washington, D.C – the perfect setting for examining the roots of our commitment to liberty and limited government and for exploring the ideas and values on which the American republic was founded.
Details & Registration