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Cato Institute



 
 
The Cato Institute is a libertarian think tank
Think tank

A think tank is an organization, institute, corporation, or group that conducts research and engages in advocacy in areas such as social policy, political strategy, economy, science or technology issues, industrial or business policies, or military advice....
 headquartered in Washington, D.C.
Washington, D.C.

Washington, D.C. , formally the District of Columbia and commonly referred to as Washington, the District, or simply D.C., is the Capital of the United States, founded on July 16, 1790....


The Institute's stated mission is "to broaden the parameters of public policy
Public policy (law)

Public policy is the body of principles that underpin the operation of legal systems in each state . This addresses the social, moral and economic values that tie a society together: values that vary in different cultures and change over time....
 debate to allow consideration of the traditional American
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
 principles of limited government
Government

Government is the body within any organization that has the authority to make and the power to enforce laws, regulations, or rules. Typically, the government refers to a civil government -- local, provincial, or national -- but commercial, academic, religious, or other formal organizations are also administered by governing bodies....
, individual liberty
Liberty

Liberty, the freedom to act or believe without being stopped by unnecessary force, is generally considered in modern time to be a concept of political philosophy and identifies the condition in which an individual has the right to act according to his or her own free will....
, free market
Free market

A free market is a market that is free of government intervention and regulation, besides the minimal function of maintaining the legal system and protecting property rights, and is also free of private force and fraud....
s, and peace
Peace

Peace is a term that most commonly refers to an absence of aggression, violence or hostility, but which also represents a larger concept wherein there are healthy or newly-healed interpersonal relationship or international relations, safety in matters of social or economic welfare, the acknowledgment of equality and fairness in political re...
" by striving "to achieve greater involvement of the intelligent, lay public in questions of (public) policy and the proper role of government." Cato scholars conduct policy research on a broad range of public policy issues, and produce books, studies, op-eds, and blog posts.






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The Cato Institute is a libertarian think tank
Think tank

A think tank is an organization, institute, corporation, or group that conducts research and engages in advocacy in areas such as social policy, political strategy, economy, science or technology issues, industrial or business policies, or military advice....
 headquartered in Washington, D.C.
Washington, D.C.

Washington, D.C. , formally the District of Columbia and commonly referred to as Washington, the District, or simply D.C., is the Capital of the United States, founded on July 16, 1790....


The Institute's stated mission is "to broaden the parameters of public policy
Public policy (law)

Public policy is the body of principles that underpin the operation of legal systems in each state . This addresses the social, moral and economic values that tie a society together: values that vary in different cultures and change over time....
 debate to allow consideration of the traditional American
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
 principles of limited government
Government

Government is the body within any organization that has the authority to make and the power to enforce laws, regulations, or rules. Typically, the government refers to a civil government -- local, provincial, or national -- but commercial, academic, religious, or other formal organizations are also administered by governing bodies....
, individual liberty
Liberty

Liberty, the freedom to act or believe without being stopped by unnecessary force, is generally considered in modern time to be a concept of political philosophy and identifies the condition in which an individual has the right to act according to his or her own free will....
, free market
Free market

A free market is a market that is free of government intervention and regulation, besides the minimal function of maintaining the legal system and protecting property rights, and is also free of private force and fraud....
s, and peace
Peace

Peace is a term that most commonly refers to an absence of aggression, violence or hostility, but which also represents a larger concept wherein there are healthy or newly-healed interpersonal relationship or international relations, safety in matters of social or economic welfare, the acknowledgment of equality and fairness in political re...
" by striving "to achieve greater involvement of the intelligent, lay public in questions of (public) policy and the proper role of government." Cato scholars conduct policy research on a broad range of public policy issues, and produce books, studies, op-eds, and blog posts. They are also frequent guests in the media.

The Cato Institute is non-partisan, and its scholars' views are not consistently aligned with either major political party. For example, Cato scholars were sharply critical of the Bush administration on a wide variety of issues, including the Iraq war
Iraq War

The Iraq War, also known as the Second Gulf War, the Occupation of Iraq, and Operation Iraqi Freedom, is an ongoing conflicts military campaign which began on March 20, 2003 with the 2003 invasion of Iraq by a Multinational force in Iraq now led by and composed almost entirely of troops from the United States and United King...
, civil liberties, education, health care, agriculture, energy policy, and excessive government spending
Government spending

Government spending or government expenditure is classified by economists into three main types. Government purchases of goods and services for current use are classed as National Income and Product Accounts#Accounting for National Product: The Right Side of the Report....
. However, on other issues, most notably Social Security
Social security

Social security primarily refers to a social insurance program providing social protection, or protection against socially recognized conditions, including poverty, old age, disability, unemployment and others....
, global warming
Global warming

Global warming is the increase in the Instrumental temperature record of the Earth's near-surface air and the oceans since the mid-twentieth century and its projected continuation....
, tax policy, and immigration
Guest worker program

The Guest Worker Program is a program that has been proposed many times in the past and now also by former U.S. President George W. Bush as a way to permit U.S....
, Cato scholars had praised Bush administration initiatives. During the 2008 U.S. presidential election, Cato scholars criticized both major-party candidates, John McCain
John McCain

John Sidney McCain III is the senior senator United States United States Senator from Arizona. He was the Republican Party presidential nominee in the 2008 United States presidential election....
 and Barack Obama
Barack Obama

Barack Hussein Obama II is the List of Presidents of the United States and current President of the United States. He is the first African American to hold the office....
.

History

Picture 082
The Institute was founded in San Francisco, California
San Francisco, California

The City and County of San Francisco is the fourth most populous city in California and the List of United States cities by population in the United States, with a 2007 estimated population of 799,183....
 in 1977 by Edward H. Crane and initially funded by Charles G. Koch
Charles G. Koch

Charles de Ganahl Koch is chairman of the board and chief executive officer of Koch Industries, Inc., the largest privately held company by revenue in the United States...
. The Institute is named after Cato's Letters
Cato's Letters

Cato's Letters were essays by British writers John Trenchard and Thomas Gordon , first published from 1720 to 1723 under the pseudonym of Cato the Younger , the implacable foe of Julius Caesar and a famously stubborn champion of republican principles....
, a series of British essays penned in the early 18th century by John Trenchard
John Trenchard

John Trenchard is the name of several people.* For the Secretary of State Sir John Trenchard , see John Trenchard .* For the writer John Trenchard , see John Trenchard ....
 and Thomas Gordon
Thomas Gordon

Thomas Gordon may refer to:* Thomas Gordon , American lawyer and politician of the colonial period* Thomas Gordon , British writer* Thomas Gordon , American clinical psychologist...
 expounding the political views of philosopher John Locke
John Locke

John Locke was an English philosopher. Locke is considered the first of the British Empiricism, but is equally important to social contract theory....
. The essays were named after Cato the Younger
Cato the Younger

File:Silver_denarius_of_Cato_47_46_BCE.jpgMarcus Porcius Cato Uticensis , known as Cato the Younger to distinguish him from his great-grandfather , was a politician and statesman in the late Roman Republic, and a follower of the Stoicism philosophy....
, the defender of republican institutions in Rome
Roman Republic

The Roman Republic was the phase of the Ancient Rome characterized by a republican form of government; a period which began with the overthrow of the Roman Roman Kingdom, c....
. Libertarian Murray Rothbard
Murray Rothbard

Murray Newton Rothbard was an American economics of the Austrian School who helped define modern libertarianism and founded a form of free-market anarchism he termed "anarcho-capitalism"....
 was a founding member of the institute's board and is credited with suggesting the name. He later came into sharp disagreement with other members, resulting in his dismissal in 1981. Cato relocated to Washington, D.C. in 1981, settling first in a townhouse on Capitol Hill. The Institute moved to its current location on Massachusetts Avenue
Massachusetts Avenue (Washington, D.C.)

Massachusetts Avenue, abbreviated Mass. Ave., is a major diagonal transverse road in Washington, D.C. Appearing in Pierre L'Enfant's original plan, it is the longest thoroughfare in the Capital , crossing three of its four Geography of Washington, D.C.#City layout....
 in 1993.

In November 2002, shortly after Cato's website was named the "Best Advocacy Website" by the Web Marketing Association, the Alexa
Alexa Internet

Alexa Internet, Inc. is a California-based subsidiary company of Amazon.com that is best known for operating a website that provides information on web traffic to other websites....
 ratings service issued a report saying that it was "the most popular think tank site over the past three months," receiving a total of 188,901 unique visitors during the previous month of September.

Publications

The Cato Institute publishes the periodicals:

,

,

,

,

,

.

Some of Cato's books include Social Security: The Inherent Contradiction, In Defense of Global Capitalism, Voucher Wars, You Can't Say That!: The Growing Threat to Civil Liberties from Antidiscrimination Laws, Peace and Freedom: A Foreign Policy for a Constitutional Republic, Restoring the Lost Constitution, and Reclaiming the Mainstream: Individualist Feminism Reconsidered.

Cato published Inquiry Magazine
Inquiry Magazine

Inquiry Magazine was a libertarian magazine published from November 1977 to 1984. It was originally published by the Cato Institute, but in February 1982 was transferred to the Libertarian Review, after the Libertarian Review was merged into Inquiry in January of that year....
 from 1977 to 1982 (before transferring it to the Libertarian Review Foundation
Libertarian Review

Libertarian Review was a libertarian magazine published until 1981. It had been established by Robert Kephart in 1972 as a book-review magazine, initially titled SIL Book Review , then Books for Libertarians, and was renamed with the October, 1974 issue....
), and Literature of Liberty from 1978 to 1979 (before transferring it to the Institute for Humane Studies
Institute for Humane Studies

The Institute for Humane Studies is a libertarian non-profit organization that assists students at the undergraduate and graduate levels. It acts as a talent scout, identifying, developing, and supporting the brightest young libertarian students who are seeking careers as academics or intellectuals....
, where it was ended in 1982). They also had a monograph
Monograph

A monograph is a work of writing upon a single subject, usually also by a single author. It is often a scholarly essay or learned treatise, and may be released in the manner of a book, journal article, editorial or written rant....
 series called "Cato Papers".

Principles


The Cato Institute's work is rooted in the classical liberal tradition of John Locke
John Locke

John Locke was an English philosopher. Locke is considered the first of the British Empiricism, but is equally important to social contract theory....
 and Adam Smith
Adam Smith

Adam Smith was a Scotland Ethics and a pioneer of political economy. One of the key figures of the Scottish Enlightenment, Smith is the author of The Theory of Moral Sentiments and The Wealth of Nations....
. Cato scholars base their work on a variety of philosophical and religious perspectives. Three Nobel Laureates have been particularly influential to the Cato Institute's work. Milton Friedman
Milton Friedman

Milton Friedman was an United States economist, statistician and public intellectual, and a recipient of the Nobel Memorial Prize in Economic Sciences....
 first proposed the concept of school choice
School choice

School choice is a term used to describe a wide array of programs aimed at giving families the opportunity to choose the school their children will attend....
, which is now promoted by Cato's Center for Educational Freedom. He also was an influential advocate for a number of policy proposals supported by Cato scholars, including monetarism
Monetarism

Monetarism is a school of economic thought concerning the determination of measures of national income and output and monetary economics. It focuses on the supply of money in an economy as the primary means by which the rate of inflation is determined....
 and the end of the draft and the drug war. F.A. Hayek's ideas about spontaneous order and the importance of the price mechanism have been fundamental to Cato scholars' work on a wide variety of topics. And James M. Buchanan
James M. Buchanan

James McGill Buchanan, Jr. is an United States economist renowned for his work on public choice theory, for which he won the 1986 Nobel Prize in Economics....
's work in public choice economics
Public choice theory

Public choice in economic theory is the use of modern economic tools to study problems that are traditionally in the province of political science....
 have been fundamental to Cato scholars' critiques of many government programs.

Many strands of thought have influenced the work of various Cato scholars. For example, a 2005 pamphlet by Dan Griswold, Cato's director of trade policy studies, made the case for individual liberty from a Christian perspective. Cato policy analyst Will Wilkinson has argued that the case for liberty can best be made by combining key insights of Friedrich Hayek
Friedrich Hayek

Friedrich August von Hayek Order of the Companions of Honour was an Austrian economist and philosopher known throughout the world for his defense of classical liberalism and free market capitalism against socialism and collectivism thought....
 and John Rawls
John Rawls

John Rawls was an United States philosopher and a leading figure in moral and political philosophy.Rawls received the Schock Prize for Logic and Philosophy and the National Humanities Medal in 1999, the latter presented by U.S....
, a political philosopher whose egalitarian ideas are often thought of as antithetical to libertarianism. Ayn Rand
Ayn Rand

Ayn Rand , was a Russian-American novelist, philosopher, playwright, and screenwriter. She is known for her best-selling novels and for developing a philosophical system called Objectivism ....
's philosophy of Objectivism
Objectivism (Ayn Rand)

Objectivism is a philosophy Smith, Tara. Review of "On Ayn Rand." The Review of Metaphysics 54, no. 3 : 654?655. Retrieved from ProQuest Research Library.Encyclop?dia Britannica , s.v....
 has also had a particularly strong influence on the Cato Institute. Objectivists share with other libertarians a respect for individual liberty, free markets, and limited government. In 1997, David Boaz
David Boaz

David Boaz is the executive vice president of the Cato Institute, an United States Libertarianism think tank. He played a key role in the Institute's development and the American libertarian movement....
, Cato's executive VP, wrote of his belief that all Objectivists
Objectivism (Ayn Rand)

Objectivism is a philosophy Smith, Tara. Review of "On Ayn Rand." The Review of Metaphysics 54, no. 3 : 654?655. Retrieved from ProQuest Research Library.Encyclop?dia Britannica , s.v....
 are necessarily libertarians.

Relationship with conservatism


In the years immediately following the Republican Revolution
Republican Revolution

The Republican Revolution or Revolution of '94 is what the Republican Party of the United States dubbed their success in the 1994 U.S. midterm elections, which resulted in United States House of Representatives elections, 1994 in the United States House of Representatives, and United States Senate elections, 1994 in the United States S...
, the Cato Institute was often seen as a standard-bearer of the U.S. conservative political movement. Barry Goldwater
Barry Goldwater

Barry Morris Goldwater was a five-term United States Senate from Arizona and the History of the United States Republican Party's nominee for President of the United States in the U.S....
 and Ronald Reagan
Ronald Reagan

Ronald Wilson Reagan was the List of Presidents of the United States President of the United States and the 33rd Governor of California . Born in Illinois, Reagan moved to Los Angeles, California in the 1930s, where he was an actor, president of the Screen Actors Guild , and a spokesman for General Electric ....
, credited with reshaping and rejuvenating the Republican Party
Republican Party (United States)

The Republican Party is one of the two major party contemporary political parties in the United States, along with the Democratic Party . It is often called the Grand Old Party or the GOP....
, and key contributors to the late-20th century conservative movement, were heavily influenced by libertarian ideals.

Despite this, the Cato Institute officially resists being labeled as part of the conservative movement because "conservative smacks of an unwillingness to change, of a desire to preserve the status quo". Such tensions have become increasingly evident in recent years, as the Institute has become sharply critical of current Republican leaders. The growing division may be attributable to Republican officeholders' growing support of policies promoting government intervention in the economy and society, increased budgetary spending, and neoconservative
Neoconservatism

Neoconservatism is a political philosophy that emerged in the United States. Its key distinction is in international affairs, where it espouses an interventionist approach that seeks to defend what neo-conservatives deem as national interests....
 foreign policies.

Cato scholars have also been strongly critical of the expansion of executive power under President George W. Bush
George W. Bush

George Walker Bush served as the List of Presidents of the United States President of the United States from 2001 to 2009. He was the 46th List of Governors of Texas from 1995 to 2000 before being United States presidential inauguration as President on January 20, 2001....
, and his management of the Iraq War
Iraq War

The Iraq War, also known as the Second Gulf War, the Occupation of Iraq, and Operation Iraqi Freedom, is an ongoing conflicts military campaign which began on March 20, 2003 with the 2003 invasion of Iraq by a Multinational force in Iraq now led by and composed almost entirely of troops from the United States and United King...
. In 2006 and 2007, Cato published two books critical of the Republican Party's perceived abandonment of the limited-government ideals that swept them into power in 1994. For their part, only a minority of Republican congressmen supported President George W. Bush
George W. Bush

George Walker Bush served as the List of Presidents of the United States President of the United States from 2001 to 2009. He was the 46th List of Governors of Texas from 1995 to 2000 before being United States presidential inauguration as President on January 20, 2001....
’s 2005 proposal
Social Security debate (United States)

This article concerns proposals to change the Social Security system in the United States. Social Security is a Social security program officially called "Old-Age, Survivors, and Disability Insurance" , in reference to its three components....
 to partially privatize Social Security
Social Security (United States)

Social security in the United States currently refers to the Federal government of the United States Old-Age, Survivors, and Disability Insurance program....
, an idea strongly backed by the Institute. And in the 109th Congress
109th United States Congress

The 109th United States Congress was the legislative branch of the United States, composed of the United States Senate and the United States House of Representatives, from January 3, 2005 to January 3, 2007, during the fifth and sixth years of George W....
, President Bush's immigration plan—which was based on a proposal by Cato scholar Dan Griswold—went down to defeat largely due to the eventual opposition of conservative Republican congressmen.

Cato President Ed Crane
Ed Crane

Edward H. Crane is the founder and president of the Cato Institute.In the 1970s, he was one of the most active leaders of the Libertarian Party ....
 has particular scorn for neoconservatism
Neoconservatism

Neoconservatism is a political philosophy that emerged in the United States. Its key distinction is in international affairs, where it espouses an interventionist approach that seeks to defend what neo-conservatives deem as national interests....
. In a 2003 article with Cato chairman emeritus William Niskanen, he called neoconservatism a "particular threat to liberty perhaps greater than the ideologically spent ideas of left-liberalism." As far back as 1995, Crane wrote that neoconservatives "have a fundamentally benign view of the state," which Crane considers antithetical to libertarian ideals of individual freedom. Cato's foreign policy team have frequently criticized neoconservative foreign policy.

Relationship with progressives


As with the conservative side of the political spectrum, there are some similarities between progressives and libertarians, including their shared values of peace, tolerance, equality, and individual liberty. Interest in such possibilities has increased as a result of disillusionment with the Bush administration and the Iraq War
Iraq War

The Iraq War, also known as the Second Gulf War, the Occupation of Iraq, and Operation Iraqi Freedom, is an ongoing conflicts military campaign which began on March 20, 2003 with the 2003 invasion of Iraq by a Multinational force in Iraq now led by and composed almost entirely of troops from the United States and United King...
. However, there has been continuing disagreement over the basis on which such co-operation might take place.

Cato's scholars advocate positions that are appealing to many on the left-hand side of the American political spectrum, including support for civil liberties, liberal immigration policies, equal rights for gays and lesbians , and peace. An early example of this effort was the launching of Inquiry Magazine
Inquiry Magazine

Inquiry Magazine was a libertarian magazine published from November 1977 to 1984. It was originally published by the Cato Institute, but in February 1982 was transferred to the Libertarian Review, after the Libertarian Review was merged into Inquiry in January of that year....
, which was aimed at liberals who shared libertarians' skepticism about concentrated state power. Similarly, Cato scholars advance many positions that those on the left do not favor, such as smaller government, school choice, and second-amendment rights.

More recently, in 2006, Markos Moulitsas proposed the term Libertarian Democrat
Libertarian Democrat

A libertarian Democrat is a person who subscribes to libertarianism philosophy while typically voting for and being involved with the United States Democratic Party....
 to describe his progressive position, suggesting that libertarians should be allies of the Democratic Party. Replying, Cato vice president for research Brink Lindsey
Brink Lindsey

Brink Lindsey is the Cato Institute's vice president for research. He is also editing of , a monthly web magazine. From 1998 to 2004, he was director of Cato's , helping to make it a leading voice for free trade....
 agreed that libertarians and liberals should view each other as natural ideological allies, but noted continuing differences between mainstream progressive views on economic policy and Cato's "Jeffersonian philosophy".

The Jeffersonian philosophy that animates Cato's work has increasingly come to be called "libertarianism" or "market liberalism." It combines an appreciation for entrepreneurship, the market process, and lower taxes with strict respect for civil liberties and skepticism about the benefits of both the welfare state and foreign military adventurism.


However, there remain significant differences between progressives and libertarians on issues such as taxes, gun ownership, and school choice. As a consequence, the Cato Institute has criticized a number of decisions made by President Obama, just as it has regularly criticized decisions made by former President Bush.

Relationship with Objectivism


Relations between the Cato Institute and Objectivist organizations have not always been cozy. Ayn Rand
Ayn Rand

Ayn Rand , was a Russian-American novelist, philosopher, playwright, and screenwriter. She is known for her best-selling novels and for developing a philosophical system called Objectivism ....
 scorned the nascent libertarian movement, and her intellectual heir, Leonard Peikoff
Leonard Peikoff

Leonard S. Peikoff is an Objectivism philosopher. He is a former professor of philosophy and a former radio talk show host. The founder of the Ayn Rand Institute, he is considered by some to be Ayn Rand's intellectual heir....
, has followed her lead, refusing to associate with libertarian organizations, Cato included. Other Objectivist organizations, notably the Atlas Society, have been more friendly. At an October 2007 event to celebrate the fiftieth anniversary of the publication of Atlas Shrugged
Atlas Shrugged

Atlas Shrugged is a novel by Ayn Rand, first published in 1957 in literature in the United States. It was Rand's fourth, List of longest novels, and last novel....
, Cato President and Founder Ed Crane
Ed Crane

Edward H. Crane is the founder and president of the Cato Institute.In the 1970s, he was one of the most active leaders of the Libertarian Party ....
 stated that he and all the senior leadership of the Cato Institute consider themselves Objectivists. He emphasized that Objectivists and other libertarians are natural allies, and encouraged Objectivists to become more involved in the libertarian movement. Cato Institute leaders have worked for years to improve relations between Objectivists
Objectivism (Ayn Rand)

Objectivism is a philosophy Smith, Tara. Review of "On Ayn Rand." The Review of Metaphysics 54, no. 3 : 654?655. Retrieved from ProQuest Research Library.Encyclop?dia Britannica , s.v....
 and libertarians
Libertarianism

Libertarianism is a term used by a political spectrum of Political philosophy which seek to promote individual liberty and seek to minimize or abolish the state....
.

Cato positions on current political issues


Following its motto, Cato scholars advocate policies that advance "individual liberty, limited government, free markets, and peace.” They are libertarian in their policy positions, typically advocating diminished government intervention in domestic, social, and economic policies and decreased military and political intervention worldwide. Specific policy proposals advanced by Cato scholars include such measures as abolishing the minimum wage, reforming illegal-drug policies, eliminating corporate welfare
Corporate welfare

Corporate welfare is a term describing a government's bestowal of money grants, Tax exemption, or other special favorable treatment on corporations or select corporations....
 and trade barrier
Trade barrier

A trade barrier is a general term that describes any government policy or regulation that restricts international trade. The barriers can take many forms, including the following terms that include many restrictions in international trade within multiple countries that import and export any items of trade....
s, diminishing federal government involvement in the marketplace and in local and state issues, enhanced school choice, abolishing government-enforced discrimination, including both traditionally conservative racial profiling and traditionally liberal affirmative action, and abolishing restrictions on discrimination by private parties.

On Social Security

The Cato Institute established its Project on Social Security Privatization in 1995, renaming it the Project on Social Security Choice in 2002. The change sought to emphasize that its proposals would allow Americans to opt in or out of the program. Like other organizations supporting the "personal healthcare savings accounts" concept, Cato scholars now avoid using the word privatization in describing such policies, due to the presently unpopular sentiments that the public associates with it.

Cato's Social Security proposal involves giving workers the option of investing half of their contributions (6.2 per cent) into individual accounts, in return for forgoing the accrual of any future Social Security entitlement benefits. For workers selecting this option, future claims on already-accrued Social Security benefits could be sold as bonds, allowing the workers to re-invest those funds in higher-yielding securities, if desired. However, for these workers, past and future payroll tax contributions to Social Security, nominally made on behalf of the employer, would go to funding the Social Security benefits of people remaining in the traditional system.

Cato scholars have emphasized that the present Social Security system is unsustainable, and will necessitate future tax hikes and benefit cuts to make ends meet. Because of the "pay as you go" nature of the system, present workers are taxed to support past ones (i.e., current retirees). As the ratio of workers-to-retirees drops, workers will bear an increasing payroll-tax burden. Cato scholars also emphasize the benefits of inheritability. Unlike the status quo, Cato's plan would allow workers who die before reaching their (variable) retirement age to leave the assets in their personal accounts to legal heirs.

In 2003, the Cato Institute said that Bush's social security privatization plan could be funded if funding for corporate welfare
Corporate welfare

Corporate welfare is a term describing a government's bestowal of money grants, Tax exemption, or other special favorable treatment on corporations or select corporations....
 were reduced.

On foreign policy and civil liberties

In recent years, Cato's non-interventionist foreign policy views, and strong support for civil liberties, have frequently led Cato scholars to criticize those in power, Republican and Democrat. Cato scholars opposed President George H. W. Bush
George H. W. Bush

George Herbert Walker Bush served as the List of Presidents of the United States President of the United States from 1989 to 1993. Bush held a variety of political positions prior to his presidency, including Vice President of the United States in the administration of Ronald Reagan and Director of Central Intelligence under Gerald R....
's 1991 Gulf War
Gulf War

"Persian Gulf War" and "First Gulf War" redirect here. For other uses, see Persian Gulf War .The Persian Gulf War was a United Nations-authorized military conflict between Iraq and a Coalition of Gulf War from 34 nations commissioned with expelling Iraqi forces from Kuwait after Iraq's Invasion of Kuwait of Kuwait in August 1990....
 operations, President Bill Clinton
Bill Clinton

William Jefferson "Bill" Clinton served as the List of Presidents of the United States President of the United States from 1993 to 2001. He was the fifteenth Democrat elected to that office....
's interventions in Haiti
Operation Uphold Democracy

Operation Uphold Democracy was a response to the overthrow and expulsion of the duly elected government of Haiti by a military coup.The operation began with the alert of United States and Allied forces for a forced entry into the island nation of Haiti....
 and Kosovo, and President George W. Bush
George W. Bush

George Walker Bush served as the List of Presidents of the United States President of the United States from 2001 to 2009. He was the 46th List of Governors of Texas from 1995 to 2000 before being United States presidential inauguration as President on January 20, 2001....
's 2003 invasion of Iraq
2003 invasion of Iraq

The 2003 invasion of Iraq, from March 20 to May 1, 2003, was spearheaded by the United States, backed by United Kingdom forces and smaller contingents from Australia, Spain, Poland and Denmark....
. On the other hand, Cato scholars supported the 2001 invasion of Afghanistan
War in Afghanistan (2001–present)

The War in Afghanistan, which began on October 7, 2001 as the U.S. military operation Operation Enduring Freedom, was launched by the United States with the United Kingdom in response to the September 11, 2001 attacks....
 as a response to the terrorist attacks of September 11, 2001.

Cato policy experts have been similarly critical of recent perceived infringements upon American's civil liberties. They sharply criticized then-Attorney General Janet Reno
Janet Reno

Janet Reno was the United States Attorney General of the United States . She was nominated by President of the United States Bill Clinton on February 11, 1993, and confirmed on March 11....
's 1993 raid of the Branch Davidians
Waco Siege

The Waco Siege began on February 28, 1993 when the United States Bureau of Alcohol, Tobacco, Firearms and Explosives attempted to execute a search warrant at the Branch Davidian ranch at Mount Carmel Center, a property located nine miles east-northeast of Waco, Texas Texas....
 in Waco, Texas. More recently, they have opposed the USA Patriot Act
USA PATRIOT Act

The USA PATRIOT Act, commonly known as the "Patriot Act", is a Act of Congress that President George W. Bush signed into law on October 26, 2001....
, the imprisonment of so-called unlawful enemy combatants like José Padilla
José Padilla (alleged terrorist)

Jos? Padilla , also known as Abdullah al-Muhajir or Muhajir Abdullah, is a United States citizen convicted of aiding terrorism. Padilla was arrested in Chicago on May 8, 2002, and was detained as a material witness until June 9, 2002, when George W....
, and the second Bush Administration's aggressive assertions of unilateral executive authority.

On other domestic issues

Cato has published strong criticisms of the 1998 settlement that many U.S. states signed with the tobacco industry
Tobacco industry

The tobacco industry comprises those persons and companies engaged in the growth, preparation for sale, shipment, advertisement, and distribution of tobacco and tobacco-related products....
. Among other laissez-faire
Laissez-faire

Laissez-faire is a term used to describe a policy of allowing events to take their own course. The term is a French language phrase literally meaning "let do"....
 policies, Cato scholars have argued for allowing immigrants to work in the U.S.

The Cato Institute published a study proposing a Balanced Budget Veto Amendment
Balanced Budget Veto Amendment

The Balanced Budget Veto Amendment is a proposed Constitutional amendment to the United States Constitution put forth in a paper by Anthony Hawks published by the libertarian Cato Institute, with the intention of establishing a self-enforcing mechanism to reduce deficit spending....
 to the United States Constitution
United States Constitution

The Constitution of the United States of America is the supreme law of the United States. It is the foundation and source of the legal authority underlying the existence of the United States of America; the Federal Government of the United States; and all the State & local governments and Territorial Administrative bodies contained therein....
. This would, according to the study's author, act as a self-enforcing mechanism to reduce deficit spending
Deficit spending

Deficit spending is the amount by which a government, private company, or individual's spending exceeds income over a particular period of time, also called simply "deficit," or "budget deficit," the opposite of budget surplus....
 by the U.S. government.

In 2003 Cato filed an amicus brief in support of the Supreme Court’s decision in Lawrence v. Texas
Lawrence v. Texas

Lawrence v. Texas, Case citation , was a landmark Supreme Court of the United States case. In the 6-3 ruling, the List of Justices of the Supreme Court of the United Statess struck down the sodomy law in Texas....
, which struck down the few remaining state laws that made private, non-commercial homosexual relations between consenting adults illegal. Cato cited the 14th Amendment
Fourteenth Amendment to the United States Constitution

The Fourteenth Amendment to the United States Constitution is one of the post-American Civil War Reconstruction Amendments that was first intended to secure the rights of former Slavery in the United States....
, among other things, as the source of their support for the ruling. The amicus brief was cited in Justice Kennedy's majority opinion for the Court.

Domestically, Cato scholars have been sharp critics of current U.S. drug policy, and the perceived growing militarization of U.S. law enforcement. Additionally, there is a strong objection to "nanny" laws such as smoking bans and mandatory seatbelt use.

On environmental policy


Cato scholars have written extensively about the issues of the environment, including global warming
Global warming

Global warming is the increase in the Instrumental temperature record of the Earth's near-surface air and the oceans since the mid-twentieth century and its projected continuation....
, environmental regulation, and energy policy. The Cato Institute lists "Energy and the Environment" as one of its 13 major "research issues", and global warming
Global warming

Global warming is the increase in the Instrumental temperature record of the Earth's near-surface air and the oceans since the mid-twentieth century and its projected continuation....
 is one of six sub-topics under this heading. The Institute has issued over two dozen studies on energy and environmental topics in recent years, which is on par with Cato's other research areas.

Some left-of-center groups have criticized Cato's work on global warming. Cato has held a number of briefings on global warming
Global warming

Global warming is the increase in the Instrumental temperature record of the Earth's near-surface air and the oceans since the mid-twentieth century and its projected continuation....
 with global warming skeptics as panelists. In December 2003, panelists included Patrick Michaels
Patrick Michaels

Patrick J. Michaels, Ph.D., is a Senior Fellow at the Cato Institute and a retired professor from the University of Virginia. He is a former university climatology for Virginia, a position he had been appointed to in 1980 and acknowledged he no longer held in 2007....
, Robert Balling
Robert Balling

Robert C. Balling, Jr. is the former director of the Office of Climatology and is a professor of geography at Arizona State University. He received his Ph.D....
 and John Christy
John Christy

John R. Christy is a climate scientist whose chief interests are global climate change, satellite sensing of global climate, and paleoclimate. He is best known, jointly with Roy Spencer , for his version of the satellite temperature record....
. Balling and Christy have since made statements indicating that global warming is, in fact, related at least some degree to anthropogenic activity:

In response to the World Watch Report in May 2003 that linked climate change and severe weather events, Jerry Taylor
Jerry Taylor

Jerry Taylor is a senior fellow at the Cato Institute where he researches environmental policy. He holds a Bachelor of Arts degree in political science from the University of Iowa....
 said,

Three out of five "Doubters of Global Warming" interviewed by PBS
Public Broadcasting Service

The Public Broadcasting Service is an United States non-profit public broadcasting television service with 354 member TV stations in the United States....
's Frontline were funded by, or had some other institutional connection with, the Institute. Cato has often criticized Al Gore
Al Gore

Albert Arnold "Al" Gore, Jr. is an United States environmentalism activist who served as the List of Vice Presidents of the United States Vice President of the United States from 1993 to 2001 under President of the United States Bill Clinton....
's stances on the issue of global warming and agreed with the Bush administration's skeptical attitude toward the Kyoto protocols.

Cato scholars have also been critical of the Bush administration's views on energy policy. In 2003, Cato scholars Jerry Taylor and Peter Van Doren blasted the Republican Energy Bill as "Hundreds of pages of corporate welfare, symbolic gestures, empty promises, and pork-barrel projects." They have also spoken out against the president's calls for larger ethanol subsidies.

Funding

The Cato Institute is classified as a 501(c)
501(c)

501 is a provision of the United States Internal Revenue Code , listing 26 types of non-profit organizations Tax exemption from some Taxation in the United States Income tax in the United States....
(3) organization under U.S. Internal Revenue Code. The institute performs no contract research and does not accept government funding. For revenue, the institute is largely dependent on private contributions.

According to its annual report, the Cato Institute had fiscal year 2008 income of $24 million. The report notes that 77% of Cato's income that year came from individual contributions, 13% from foundations, 2% from corporations, and 8% from "program and other income" (e.g., publication sales, program fees).

Foundation support

The Cato Institute has been supported by dozens of foundations including:
  • Charles G. Koch Charitable Foundation
  • Earhart Foundation
    Earhart Foundation

    The Earhart Foundation is a foundation that funds research and scholarship. It is a major contributor to the American Enterprise Institute, a Conservatism think tank....
  • JM Foundation
  • John M. Olin Foundation
    John M. Olin Foundation

    John M. Olin Foundation was a grant-making foundation established in 1953 by John M. Olin, president of the Olin Corporation chemical and munitions manufacturing businesses....
    , Inc.
  • Claude R. Lambe Charitable Foundation
  • Lynde and Harry Bradley Foundation
  • Castle Rock Foundation
    Castle Rock Foundation

    The Castle Rock Foundation was founded in 1993 with an endowment of $36,596,253 from the Adolph Coors Foundation. In 1999, assets totalled $67 million....
     (formerly known as The Coors Foundation)
  • Scaife Foundations
    Scaife Foundations

    The Scaife Foundations refer collectively to four foundation : the Allegheny Foundation, the Carthage Foundation, the Sarah Scaife Foundation, and the Scaife Family Foundation....
     (Sarah Mellon Scaife, Carthage)
  • Ford Foundation
    Ford Foundation

    The Ford Foundation is a private foundation incorporated in Michigan and based in New York City created to fund programs that were chartered in 1936 by Edsel Ford and Henry Ford....
  • Ploughshares Foundation
  • Atlantic Philanthropies
    Atlantic Philanthropies

    Atlantic Philanthropies is a philanthropy organization that seeks "to bring about lasting changes in the lives of disadvantaged and vulnerable people." It was founded and funded by former billionaire Chuck Feeney....


Corporate support

Like many think tank
Think tank

A think tank is an organization, institute, corporation, or group that conducts research and engages in advocacy in areas such as social policy, political strategy, economy, science or technology issues, industrial or business policies, or military advice....
s, Cato receives support from a variety of corporations, but corporations are a relatively minor source of support for the Institute. In fiscal year 2008, for example, corporate donations accounted for only two percent of its budget.

According to Cato supporters, the relative paucity of corporate funding has allowed the Institute to strike an independent stance in its policy research. In 2004, the Institute angered the U.S. pharmaceutical industry by publishing a paper arguing in favor of "drug re-importation." A 2006 study attacked the Digital Millennium Copyright Act
Digital Millennium Copyright Act

The Digital Millennium Copyright Act is a United States copyright law that implements two 1996 treaties of the World Intellectual Property Organization ....
. Cato has published numerous studies criticizing what it calls "corporate welfare
Corporate welfare

Corporate welfare is a term describing a government's bestowal of money grants, Tax exemption, or other special favorable treatment on corporations or select corporations....
", the practice of public officials funneling taxpayer money, usually via targeted budgetary spending, to politically-connected corporate interests. For example, in 2002, Cato president Ed Crane and Sierra Club
Sierra Club

The Sierra Club is the oldest and largest grassroots environmental organization in the United States. It was founded on May 28, 1892 in San Francisco, California by the well-known conservationist and preservationist John Muir, who became its first president....
 executive director Carl Pope co-wrote an op-ed
Op-ed

An op-ed, abbreviated from opposite the editorial page , is a newspaper article that expresses the opinions of a named writer who is usually unaffiliated with the newspaper's editorial board....
 piece in the Washington Post calling for the abandonment of the Republican energy bill, arguing that it had become little more than a gravy train for Washington, D.C.
Washington, D.C.

Washington, D.C. , formally the District of Columbia and commonly referred to as Washington, the District, or simply D.C., is the Capital of the United States, founded on July 16, 1790....
 lobbyists. Again in 2005, Cato scholar Jerry Taylor teamed up with Daniel Becker of the Sierra Club
Sierra Club

The Sierra Club is the oldest and largest grassroots environmental organization in the United States. It was founded on May 28, 1892 in San Francisco, California by the well-known conservationist and preservationist John Muir, who became its first president....
 to attack the Republican Energy Bill
Energy Policy Act of 2005

The Energy Policy Act of 2005 is a Act of Congress passed by the United States Congress on July 29, 2005, and signed into law by President George W....
 as a give-away to corporate interests.

Still, some critics have accused Cato of being too tied to corporate funders, especially in the 1990s. Critical sources report that Cato received funding from Philip Morris
Altria Group

Altria Group, Inc. , based in Henrico County, Virginia, is the parent company of Philip Morris USA, John Middleton, Inc. and Philip Morris Capital Corporation, and is one of the world's largest tobacco corporations....
 and other tobacco companies in the 1990s, and that at one point Rupert Murdoch
Rupert Murdoch

Keith Rupert Murdoch, Order of Australia, Order of St. Gregory the Great , usually known as Rupert Murdoch, is an Australian-born International Mass media business magnate....
 served on the boards of directors of both Cato and Philip Morris
Altria Group

Altria Group, Inc. , based in Henrico County, Virginia, is the parent company of Philip Morris USA, John Middleton, Inc. and Philip Morris Capital Corporation, and is one of the world's largest tobacco corporations....
. The Knight Ridder
Knight Ridder

Knight Ridder was an United States media company, specializing in newspaper and Internet publishing. Until it was bought by The McClatchy Company on June 27, 2006, it was the second-largest newspaper publisher in the United States, with 32 daily newspapers....
 newspapers reported that in the late 1990s Cato received financial contributions from the American International Group
American International Group

American International Group, Inc. is a major United States of America insurance corporation based at the American International Building in New York City....
, "an insurance and financial services company whose business includes managing U.S. retirement plans" as Social Security reform emerged as a more prominent issue. Between 1998 and 2004 the Cato Institute received $90,000 of its funding from ExxonMobil
ExxonMobil

The Exxon Mobil Corporation, or ExxonMobil, is an United States petroleum and natural gas corporation. It is a direct descendant of John D....
 about a tenth of a percent of the organization's budget over that period.

Associates in the news

  • Several Cato Institute-affiliated scholars have achieved academic distinction, including Nobel laureates F. A. Hayek, Milton Friedman
    Milton Friedman

    Milton Friedman was an United States economist, statistician and public intellectual, and a recipient of the Nobel Memorial Prize in Economic Sciences....
    . James M. Buchanan
    James M. Buchanan

    James McGill Buchanan, Jr. is an United States economist renowned for his work on public choice theory, for which he won the 1986 Nobel Prize in Economics....
    , and Vernon L. Smith
    Vernon L. Smith

    Vernon Lomax Smith is professor of economics at Chapman University School of Law and School of Business in Orange, California, a research scholar at George Mason University Interdisciplinary Center for Economic Science, and a Fellow of the Mercatus Center, all in Arlington, Virginia....
    .
  • Cato senior fellow Randy Barnett
    Randy Barnett

    Randy E. Barnett is a lawyer, a law professor at Georgetown University Law Center, and a legal theorist in the United States. He writes about the Libertarian theories of law and contract theory, United States Constitution, and jurisprudence....
     argued the Gonzales v. Raich
    Gonzales v. Raich

    Gonzales v. Raich , Case citation , was a case in which the United States Supreme Court ruled on June 6, 2005 that under the Commerce Clause of the United States Constitution, which allows the United States Congress "To regulate Commerce......
     case before the Supreme Court in 2004.
  • Mencken Fellow P. J. O'Rourke
    P. J. O'Rourke

    Patrick Jake O'Rourke is an United States political satire, journalism, and writing.O'Rourke is the H. L. Mencken Research Fellow#Academic use at the Cato Institute and is a regular correspondent for The Atlantic Monthly, The American Spectator, and The Weekly Standard, and frequent panelist on National Public Radio's game show...
     is the bestselling author of Parliament of Whores, All the Trouble in the World, and other books.
  • Cato policy analyst Radley Balko was cited by Justice Breyer's dissent to the Supreme Court's 2006 Hudson v. Michigan
    Hudson v. Michigan

    Hudson v. Michigan, Case citation, is a decision of the Supreme Court of the United States holding that a violation of the Fourth Amendment of the United States Constitution requirement that police officers knock, announce their presence, and wait a reasonable amount of time before entering a private residence does not require suppressi...
     decision, concerning "no knock" raids.
  • Cato senior fellow Robert A. Levy
    Robert A. Levy

    Robert A. Levy is the chairman of the libertarian Cato Institute and the organizer and financier behind District of Columbia v. Heller, the Supreme Court Case that established the Second Amendment to the United States Constitution as affirming an individual right to gun ownership....
     personally funded the plaintiffs' successful Supreme Court challenge to the District of Columbia's gun ban (District of Columbia v. Heller
    District of Columbia v. Heller

    District of Columbia v. Heller, Case citation is a landmark legal case in which the Supreme Court of the United States held that the Second Amendment to the United States Constitution protects an individual's right to possess a firearm for private use....
    ), on the basis of the Second Amendment.
  • In December 2005, Doug Bandow
    Doug Bandow

    Douglas Bandow is a former columnist with Copley News Service and a senior fellow at the Cato Institute. He resigned from Cato in 2005 due a scandal involving payments for columns from lobbyist Jack Abramoff and wrote about it in the Los Angeles Times....
    , a Cato fellow, admitted taking money from lobbyist Jack Abramoff
    Jack Abramoff

    Jack Abramoff is an American former lobbyist, and a Businessperson who was a central figure in a series of Jack Abramoff scandals. He is currently incarcerated at the satellite prison camp adjacent to the Federal Correctional Institution in Cumberland, Maryland....
     in exchange for writing columns for the Copley News Service favorable to Abramoff clients. The columns did not, however, deviate from Bandow's own views. Copley suspended his column. Bandow subsequently resigned from Cato on December 15, 2005. He returned to Cato in early 2009.
  • In 1999, David Platt Rall, a prominent environmental scientist, died in a car accident. Steven Milloy
    Steven Milloy

    Steven J. Milloy is the "junk science" commentator for Fox News and runs the Web site junkscience.com, which is dedicated to debunking what Milloy labels "faulty scientific data and analysis." He is a self-described libertarian, in the American sense of the term....
    , at the time a Cato adjunct scholar, celebrated Rall's death on his site junkscience.com, writing: "Scratch one junk scientist who promoted the bankrupt idea that poisoning rats with a chemical predicts cancer in humans exposed to much lower levels of the chemical a notion that, at the very least, has wasted billions and billions of public and private dollars." Cato Institute President Edward Crane called Milloy's attack an "inexcusable lapse in judgment and civility," but Milloy refused to apologize. He retained his position with Cato until the end of 2005. Following renewed controversy over the financial support Milloy received from tobacco and oil companies while writing editorial pieces favorable to them, Milloy's name was removed from the list of Cato adjunct scholars.
  • In January 2008, adjunct scholar Dominick Armentano separated from the Institute after writing an op-ed piece in the Vero Beach Press-Journal. Cato Executive Vice President David Boaz wrote that “I won’t deny that this latest op-ed played a role in our decision."


Milton Friedman Prize

Since 2002, the Cato Institute has awarded the Milton Friedman
Milton Friedman

Milton Friedman was an United States economist, statistician and public intellectual, and a recipient of the Nobel Memorial Prize in Economic Sciences....
 Prize for Advancing Liberty every two years to "an individual who has made a significant contribution to advancing human freedom." The prize comes with a cash award of $
United States dollar

The United States dollar is the unit of currency of the United States and was defined by the Coinage Act of 1792 to be between 371 and 416 grains of silver ....
500,000.

Past Prize Winners
  Year Recipient Nationality
2002 Peter Thomas Bauer
Peter Thomas Bauer

Peter Thomas Bauer, Baron Bauer was a Development economics. Bauer is best remembered for his opposition to the widely-held notion that the most effective manner to help Developing country advance is through state-controlled foreign aid....
 
2004 Hernando de Soto
Hernando de Soto (economist)

Hernando de Soto Polar is a Peruvian economist known for his work on the informal economy and on the importance of property rights. He is the president of Peru's Institute for Liberty and Democracy , located in Lima....
 
vian
2006 Mart Laar
Mart Laar

Mart Laar is an Estonian statesman, historian and a founding member of the Foundation for the Investigation of Communist Crimes . He was the Prime Minister of Estonia from 1992 to 1994 and from 1999 to 2002....
 
n
2008 Yon Goicoechea
Yon Goicoechea

Yon Goicoechea is the 2008 Milton Friedman Prize for Advancing Liberty winner. As a 23-year-old Venezuelan law student at Universidad Cat?lica Andr?s Bello in Caracas, Goicoechea was one of the main organizers of the pro-democracy Movimiento Estudiantil Venezolano cited as a key factor in the rejection of constitutional changes proposed...
 
n


Notable associates


Policy scholars

  • David Boaz
    David Boaz

    David Boaz is the executive vice president of the Cato Institute, an United States Libertarianism think tank. He played a key role in the Institute's development and the American libertarian movement....
    , Executive Vice President
  • Tucker Carlson
    Tucker Carlson

    Tucker Swanson McNear Carlson is an American political news correspondent and commentator. Currently, he is listed as MSNBC's Senior Campaign Correspondent and is a senior fellow for the libertarian Cato Institute....
    , Senior Fellow
  • Edward H. Crane, President and CEO
  • Chris Edwards, Director of Tax Policy Studies
  • Jagadeesh Gokhale, Senior Fellow
  • Daniel T. Griswold
    Daniel T. Griswold

    Daniel T. Griswold is director of the Cato Institute's . Before joining Cato in 1997, Griswold served as a congressional press secretary and a daily newspaper editorial page editor....
    , Director, Center for Trade Policy Studies
  • Andrei Illarionov, Senior Fellow, Center for Global Liberty and Prosperity
  • Robert A. Levy
    Robert A. Levy

    Robert A. Levy is the chairman of the libertarian Cato Institute and the organizer and financier behind District of Columbia v. Heller, the Supreme Court Case that established the Second Amendment to the United States Constitution as affirming an individual right to gun ownership....
    , Chairman and Senior Fellow in Constitutional Studies
  • Brink Lindsey
    Brink Lindsey

    Brink Lindsey is the Cato Institute's vice president for research. He is also editing of , a monthly web magazine. From 1998 to 2004, he was director of Cato's , helping to make it a leading voice for free trade....
    , Vice President for Research
  • Dan Mitchell, Senior Fellow
  • William A. Niskanen
    William A. Niskanen

    William A. Niskanen is chairman of the Cato Institute, a position he has held since 1985 following service on President Reagan's Council of Economic Advisers....
    , Chairman Emeritus and Senior Economist
  • Tom G. Palmer
    Tom G. Palmer

    Tom Gordon Palmer is a Senior Fellow at the Cato Institute, Vice President for International Programs, director of the Center for Promotion of Human Rights, and director of the Institute's educational division, Cato University....
    , Senior Fellow, Director of Cato University
  • Roger Pilon
    Roger Pilon

    Roger Pilon is Vice President for Legal Affairs for the Cato Institute, and an United States libertarian Libertarian theories of law. In particular, he has developed a libertarian version of the rights theory of his teacher, noted philosopher Alan Gewirth....
    , Vice President for Legal Affairs
  • José Piñera
    José Piñera

    Jos? Pi?era Echenique is the architect of Chile's private pension system based on personal retirement accounts. Pi?era has been called "the world's foremost advocate of privatizing public pension systems" as well as "the Pension Reform Pied Piper" ....
    , Co-chairman, Project on Social Security Choice
  • Alan Reynolds
    Alan Reynolds

    Alan Reynolds is one of the original supply-side economics economistsHe is currently Senior Fellow at the Cato Institute and was formerly Director of Economic Research at the Hudson Institute ....
    , Senior Fellow
  • John Samples, Director, Center for Representative Government
  • Michael D. Tanner, Senior Fellow
  • Jerry Taylor
    Jerry Taylor

    Jerry Taylor is a senior fellow at the Cato Institute where he researches environmental policy. He holds a Bachelor of Arts degree in political science from the University of Iowa....
    . Senior Fellow
  • Ian Vásquez
    Ian Vásquez

    Ian V?squez is director of the Cato Institute's . He is a member of the Mont Pelerin Society and a term member of the Council on Foreign Relations....
    , Director of the Center for Global Liberty and Prosperity
  • Will Wilkinson
    Will Wilkinson

    Will Wilkinson is an American libertarian writer and thinker. Currently he is a research fellow at the Cato Institute where he works on a variety of issues including Social Security reform and, most notably, the policy implications of happiness research....
    , Policy Analyst
  • Doug Bandow
    Doug Bandow

    Douglas Bandow is a former columnist with Copley News Service and a senior fellow at the Cato Institute. He resigned from Cato in 2005 due a scandal involving payments for columns from lobbyist Jack Abramoff and wrote about it in the Los Angeles Times....
    , Senior Fellow


Adjunct scholars

  • Donald J. Boudreaux
    Donald J. Boudreaux

    Donald J. Boudreaux became chairman of the department of economics at George Mason University in August 2001, where his wife Karol Boudreaux is an adjunct professor in the Department of Public and International Affairs....
  • Robert L. Bradley, Jr
    Robert L. Bradley, Jr

    Robert L. Bradley, Jr. is CEO and founder of the Institute for Energy Research in Houston, Texas; an adjunct scholar of the Cato Institute and the Competitive Enterprise Institute in Washington, D.C.; and a visiting fellow of the Institute for Economic Affairs in London....
  • Tyler Cowen
    Tyler Cowen

    Tyler Cowen occupies the Holbert C. Harris Chair of economics as a professor at George Mason University and is co-author, with Alex Tabarrok, of the popular economics blog Marginal Revolution ....
  • Michael Cox
    Michael Cox (academic)

    Michael E. Cox is a British academic and international relations scholar. He is currently a professor of international relations at the London School of Economics , where he is Co-Director of the Cold War Studies Centre ....
  • Richard Epstein
    Richard Epstein

    Richard Allen Epstein is the James Parker Hall Distinguished Service Professor of Law, the Faculty Director for Curriculum, and the Director, Law and Economics Program at the University of Chicago Law School....
  • Michael Gough
    Michael Gough

    Michael Gough is a United Kingdom character actor who has appeared in over 100 films. He is perhaps best known to international audiences by his recurring role as Alfred Pennyworth in all four original Batman movies, beginning with Batman ....
  • Tibor Machan
  • Randal O'Toole
    Randal O'Toole

    Randal O'Toole is an United States economist and public policy analyst. He has held the position of director at the Oregon-based Thoreau Institute since 1975....
  • Vernon L. Smith
    Vernon L. Smith

    Vernon Lomax Smith is professor of economics at Chapman University School of Law and School of Business in Orange, California, a research scholar at George Mason University Interdisciplinary Center for Economic Science, and a Fellow of the Mercatus Center, all in Arlington, Virginia....
  • Thomas Szasz
    Thomas Szasz

    Thomas Stephen Szasz is a psychiatrist and academic. He is Professor Emeritus of Psychiatry at the State University of New York Health Science Center in Syracuse, New York, New York....


Fellows

  • Randy E. Barnett
  • James Bovard
    James Bovard

    James Bovard is a bestselling Libertarianism author and lecturer, whose political commentary targets examples of waste, failures, corruption, cronyism and abuses of power in the U.S....
  • James M. Buchanan
    James M. Buchanan

    James McGill Buchanan, Jr. is an United States economist renowned for his work on public choice theory, for which he won the 1986 Nobel Prize in Economics....
  • Leon Hadar
    Leon Hadar

    Leon Hadar, a global affairs analyst, journalist and author, is a research fellow with the Cato Institute, a contributing editor for the American Conservative and a regular contributor to Chronicles and Reason....
  • Steve H. Hanke
  • F. A. Hayek
  • Andrei Illarionov
  • Penn Jillette
    Penn Jillette

    Penn Fraser Jillette is an United States comedian, illusionist, juggling and writer known for his work with fellow illusionist Teller in the team Penn & Teller....
  • David Kopel
  • Johan Norberg
    Johan Norberg

    Johan Norberg is a Swedish ethnic group author and historian devoted to promoting economic globalization and libertarian positions. He is arguably most known as the author of In Defense of Global Capitalism....
  • P. J. O'Rourke
    P. J. O'Rourke

    Patrick Jake O'Rourke is an United States political satire, journalism, and writing.O'Rourke is the H. L. Mencken Research Fellow#Academic use at the Cato Institute and is a regular correspondent for The Atlantic Monthly, The American Spectator, and The Weekly Standard, and frequent panelist on National Public Radio's game show...
  • Jim Powell
  • Teller
    Teller (magician)

    Teller is an United States magic , comedian, writer, and the silent half of the comedy magic duo known as Penn & Teller, along with Penn Jillette....


Board of directors

As of January 2007:
  • K. Tucker Andersen, Senior consultant, Cumberland Associates LLC
  • Frank Bond, Chairman, The Foundation Group
  • Edward H. Crane
    Ed Crane

    Edward H. Crane is the founder and president of the Cato Institute.In the 1970s, he was one of the most active leaders of the Libertarian Party ....
    , President, Cato Institute
  • Richard Dennis
    Richard Dennis

    Richard J. Dennis, a former commodities speculator known as the "Prince of the Pit," was born in Chicago, in January, 1949. In the early 1970s, he borrowed several thousand dollars and reportedly made $200 million in about ten years....
    , President, Dennis Trading Group
  • Ethelmae C. Humphreys, Chair, Tamko Roofing Products, Inc.
  • David H. Koch
    David H. Koch

    David Hamilton Koch is an United States billionaire businessman. He is one of the co-owners and an executive vice president of Koch Industries, a conglomerate with major oil and gas holdings that is the largest privately held company in the United States....
    , Executive vice-president, Koch Industries, Inc.
    Koch Industries

    Koch Industries, Inc. is a private corporation based in Wichita, Kansas, Kansas with subsidiaries involved in manufacturing, trading and investments....
  • John C. Malone
    John C. Malone

    John C. Malone is the current chairman of Liberty Media and Chief Executive Officer of Discovery Holding Company. He was the interim CEO of Liberty Media until succeeded by former Oracle Corporation CFO Greg Maffei....
    , Chairman, Liberty Media Corporation
  • William A. Niskanen
    William A. Niskanen

    William A. Niskanen is chairman of the Cato Institute, a position he has held since 1985 following service on President Reagan's Council of Economic Advisers....
    , Chairman Emeritus, Cato Institute
  • , President, Padden and Company
  • Lewis E. Randall, Board member, E-Trade Financial Corporation
  • Howard Rich
    Howard Rich

    BackgroundHoward Rich more commonly known as Howie Rich was born in 1940. He is currently the chairman of several Boards of Directors, including Americans for limited Government, as well as ' and ....
    , President, U.S. Term Limits
  • Frederick W. Smith
    Frederick W. Smith

    Frederick Wallace Smith , or Fred Smith, is the founder, chairman, president, and CEO of FedEx, originally known as Federal Express, the first overnight express delivery company in the world, and the largest in the United States....
    , Chairman and CEO, FedEx Corporation
    FedEx

    FedEx Corporation , originally known as FDX Corporation, is a logistics services company, based in the United States. The name "FedEx" is a syllabic abbreviation of the name of the company's original air division, Federal Express, which was used until 2000....
  • Donald G. Smith, President, Donald Smith & Co.
  • Jeffrey S. Yass
    Jeff Yass

    Jeffrey S. Yass is an Option trader , managing director and one of the five founders of the Philadelphia-based Susquehanna International Group....
    , Managing Director, Susquehana International Group, LLP
    Susquehanna International Group

    The Susquehanna International Group of Companies is a privately held global investment, trading and technology firm servicing securities markets worldwide....
  • Fred Young, former owner, Young Radiator Company


Former staff and faculty

  • Radley Balko
    Radley Balko

    Radley Balko is an United States libertarianism writer, and speaker....
    , former Policy Analyst, current senior editor at Reason magazine
    Reason (magazine)

    Reason is a libertarianism monthly magazine from the Reason Foundation.Reason was founded in 1968 by Lanny Friedlander as a more-or-less monthly Mimeograph machine publication....
  • Dan Greenberg
    Dan Greenberg

    Dan Greenberg is an United States politician and a Republican Party member of the Arkansas House of Representatives. Greenberg, who lives in Little Rock, Arkansas, represents legislative district 31 in Arkansas, which includes portions of Pulaski County, Arkansas and Saline County, Arkansas counties....
    , former Director of Communications, currently a member of the Arkansas General Assembly
    Arkansas General Assembly

    The Arkansas General Assembly is the state legislature of the U.S. state of Arkansas. The legislature is a bicameral body composed of the upper house Arkansas Senate with 35 members, and the lower house Arkansas House of Representatives with 100 members....
  • Steven Milloy
    Steven Milloy

    Steven J. Milloy is the "junk science" commentator for Fox News and runs the Web site junkscience.com, which is dedicated to debunking what Milloy labels "faulty scientific data and analysis." He is a self-described libertarian, in the American sense of the term....
    , former adjunct scholar, currently columnist for Fox News
  • Julian Sanchez
    Julian Sanchez

    Julian Sanchez is an American libertarian writer living in Washington, D.C., where he serves as the Washington Editor for Ars Technica. He first came to public attention in 2003 when he helped to expose gun control critic John Lott for defending himself in online forums using an assumed identity....
    , former staff writer, currently Washington Editor of Ars Technica
    Ars Technica

    Ars Technica , Latin for "Art of Technology" is a technology-related website that caters to personal computer enthusiasts, covering technology, science, and video game news along with editorial comment and analysis....
     and a contributing editor to Reason magazine
    Reason (magazine)

    Reason is a libertarianism monthly magazine from the Reason Foundation.Reason was founded in 1968 by Lanny Friedlander as a more-or-less monthly Mimeograph machine publication....


External links

  • , Cato's online monthly magazine


Critiques

  • John Fonte, , National Review
    National Review

    National Review is a biweekly magazine and web site, founded by the late author William F. Buckley, Jr. in 1955 and based in New York City....
     Online
    , May 9, 2002
  • , Voltaire Network
  • Dana Milbank, , Washington Post, March 8, 2006, p. A02
  • a debate with the Cato Institute's Executive Vice President David Boaz
  • . (Cato's reaction: )
  • at Sourcewatch
    SourceWatch

    SourceWatch , is an internet site which is a collaborative project of the Center for Media and Democracy . It was created by the CMD's research director, Sheldon Rampton....
    .org