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Cato: Conservative Blog

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The Cato Institute is a public policy research organization — a think tank — dedicated to the principles of in [Read More]

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What Americans Think about Birthright Citizenship
Last week I appeared on Hill.TV's What America's Thinking with Jamal Simmons to discuss what the public thinks about birthright citizenship. President Trump has proposed using an executive order to curtail birthright citizenship, which confers automa...
Cato: Conservative Blog
Wednesday, November 14, 2018

Congress Uncapped Asylum. Agencies Covertly Re-Capped It
President Trump signed an order last week that bans asylum to people crossing the southwest border, but it exempts all migrants who "present themselves for inspection at a port of entry." This provokes the natural question—why wouldn't they all just ...
Cato: Conservative Blog
Wednesday, November 14, 2018

A Taking by Any Other Name Still Smells Rotten
The state of Indiana wanted to expand beach property available to the public along the shoreline of Lake Michigan. Much to its irritation, the beach property was already owed by many other people, as natural extensions of their homes. Indiana could h...
Cato: Conservative Blog
Wednesday, November 14, 2018

Scottish Banks and the Bank Restriction, 1797-1821, Part 3
Having considered, in two previous essays, the origins, legality, and adverse consequences of the Scottish bank suspension, we're now ready to ask whether, and in what ways, that episode compels us to reconsider the virtues of free banking, both as p...
Cato: Conservative Blog
Tuesday, November 13, 2018

Index Funds: Promise or Peril?
This is Part I in a two-part series in which I address the argument that: 1) index funds are seizing an outsized influence over publicly traded corporations, and 2) that they are wielding this influence so as to reduce intra-industry competition betw...
Cato: Conservative Blog
Tuesday, November 13, 2018

Against A Highly Regressive "Meat Tax"
Some economists want to make it more expensive for the less well-off to enjoy a clear revealed pleasure: eating red and processed meat. The average household in the poorest fifth of the income distribution dedicates 1.3 percent of spending towards it...
Cato: Conservative Blog
Monday, November 12, 2018

The Revenge of Expectations: Trump's Rhetoric and Kim's Missile Bases
The high hopes and inflated expectations of U.S. diplomacy with North Korea set by Donald Trump after his summit with Kim Jong Un are quickly coming unraveled. Trump confidently declared an end to the nuclear threat from North Korea on the heels of t...
Cato: Conservative Blog
Monday, November 12, 2018

WWI, Honor, and U.S. Foreign Policy
Yesterday marked 100 years since the end of the First World War. The Washington Post's Monkey Cage blog used the occasion to publish an excellent commentary, based on a longer academic journal article, by political scientists Alexander Lanoszka and M...
Cato: Conservative Blog
Monday, November 12, 2018

Hacking the Appointments Clause
The naming of Matthew Whitaker as acting head of the Department of Justice, following the forced resignation of Attorney General Jeff Sessions, has kicked off a mini-debate between legal scholars over the propriety of his appointment.  On Thursday, N...
Cato: Conservative Blog
Friday, November 9, 2018

Why Don't They Enter Legally? Trump Won't Let Them
President Trump signed an order today that requires the denial of all asylum claims from people who cross the border illegally. The most important thing to understand about this order is that it is not the beginning of a new policy keeping out asylum...
Cato: Conservative Blog
Friday, November 9, 2018

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