Regulatory Protectionism: A Hidden Threat to Free Trade
K. William Watson and Sallie James
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 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.
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.
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.”
April 22, 2013
April 19, 2013
April 19, 2013
April 23
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 AuditoriumApril 24
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 FoyerApril 24
Featuring Alex Nowrasteh, Cato Institute; Tim Kane, PhD, Hudson Institute; and Greg Siskind, Esq., Founding partner, Siskind Susser, PC, Immigration Lawyers; moderated by Laura Odato, Director of Government Affairs, Cato Institute.
1:30pm Capitol Visitors Center, Room SVC 212-10The 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.
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.
Did Wall Street cause the mess we are in? Should Washington place stronger regulations on the entire financial industry? Can we lower unemployment rates by controlling the free market? According to Cato President and CEO John A. Allison, the answer is NO.
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.
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Tax Havens Should Be Emulated, Not Persecuted
Immigration: Government Can Only Regulate Legal Markets
Revelations about the Boston bombers underscore the need for immigration reform.
Gun Debate Won’t End until There Is Respect on Both Sides
Chained CPI Won’t Fix Entitlements
School Choice Works
The evidence is in: school choice works.
Europe, a Troubled Region
Expect to see continued weak economic growth for the Eurozone going forward.
The Climate Horror Picture Show, Brought to You by Dodgy Science
Lies of ObamaCare
Your Tax Dollars at Work: Subsidizing the Security of Wealthy Allies
American taxpayers spend a great deal to subsidize the security of other nations that are more than capable of defending themselves.