Cato Podcast

Consumer prices are up 28% in six years and inflation is accelerating again. Cato's Ryan Bourne, Jai Kedia, Colin Grabow, and Stephen Slivinski unpack Cato's new Handbook on Affordability and the macroeconomic and supply-side reforms that could actually help. Hosted on Acast. See acast.com/privacy for more information.

The top 10% pays 60% of all federal taxes, the bottom 20% pays effectively nothing, and last year's tax cuts added new complexity. Cato's Chris Edwards and Adam Michel unpack the numbers and make the case for real reform. Hosted on Acast. See acast.com/privacy for more information.

Vice President JD Vance traveled to Hungary this week to campaign for Prime Minister Viktor Orbán, hailing him as a defender of Western civilization. Cato's Ryan Bourne sits down with Johan Norberg to discuss Orbán’s actual record in government: weakened checks and balances, crony capitalism, and social policies that have fallen short of Orbán’s ambitions. Hosted on Acast. See acast.com/privacy for more information.

Trump's executive order challenges 150 years of birthright citizenship law, hinging on four words in the 14th Amendment. The Cato Institute's Tommy Berry, Dan Greenberg, and David Bier unpack the constitutional stakes and what the justices signaled at oral arguments. Hosted on Acast. See acast.com/privacy for more information.

Steve Davies’s new book, The Great Realignment, argues that the key political divide of the past century — markets versus state control — is being displaced by a new aligning issue: nationalism, sovereignty, and collective identity versus cosmopolitanism and globalism. Cato’s Ryan Bourne talks with Davies about why today’s biggest political fights seem less about tax and spending and more about borders, culture, and who governs, how these non-economic conflicts still have deep economic roots, and what this new alignment persisting would mean for libertarians and economic policy. Hosted on Acast. See acast.com/privacy for more information.

TSA agents are staying home; airport lines are hours long, and Congress still cannot agree on a DHS funding bill. The Cato Institute's Pat Eddington and Chris Edwards say this is a consequence of tying aviation security to the federal budget; a mistake other high-income countries do not make. With high failure rates in covert screening tests and a long trail of civil liberties abuses including secret watchlist criteria and a mass domestic passenger surveillance program, the case for privatizing airport security is stronger than ever. Hosted on Acast. See acast.com/privacy for more information.

Massachusetts is weighing a ballot initiative that would cap rent increases at the rate of inflation with no vacancy decontrol, one of the most stringent rent control regimes proposed in the country. Cato's Ryan Bourne and Jeff Miron walk through why economists are nearly unanimous in opposing rent control: it shrinks rental supply, degrades housing quality, and tends to benefit longer-term, higher-income tenants rather than the low-income renters it claims to help. As Cambridge's own history shows, the policy doesn't just fail to solve the affordability problem; it actively makes it worse. We want to hear from you! Please share your thoughts in a 3-minute anonymous survey to help us refine our programming at Cato.org/PodcastSurvey. Hosted on Acast. See acast.com/privacy for more information.

In Newport Beach and along California's state beaches, government-created monopolies have effectively banned independent surf instructors from earning a living, with one instructor fined $40,000 after an undercover sting operation. Stephen Slivinski, Caleb Trotter of Pacific Legal Foundation, and Cato's Tommy Berry explore why First Amendment claims may be the sharpest tool available for fighting back against occupational protectionism. If these cases succeed, the precedent could crack open economic liberty litigation far beyond California's coastline. We want to hear from you! Please share your thoughts in a 3-minute anonymous survey to help us refine our programming at Cato.org/PodcastSurvey. Hosted on Acast. See acast.com/privacy for more information.

Cato’s new media fellow, Rikki Schlott, joins Ryan Bourne to talk Gen Z: how social media shaped them, why online life has made young people both more anxious and more persuadable, and how the socialist left and the alt-right have each found fertile ground. They discuss the strange incentives of the attention economy, what Mamdani and other online political entrepreneurs get right, and whether libertarian ideas can be made to resonate with a generation raised on algorithms. We want to hear from you! Please share your thoughts in a 3-minute anonymous survey to help us refine our programming at Cato.org/PodcastSurvey. Hosted on Acast. See acast.com/privacy for more information.

A 30-day DHS shutdown hasn't slowed ICE or Border Patrol, because nearly $170 billion in One Big Beautiful Bill funding keeps them running with minimal transparency and almost no congressional oversight. Cato's Dominik Lett and David Bier break down how the shutdown exposes a deeper dysfunction: both parties have turned spending into a ratchet, growing the government they want while refusing to review what the other side built. The appropriations process isn't just broken; Congress has quietly agreed to stop fixing it. Hosted on Acast. See acast.com/privacy for more information.

AI policy discussions increasingly hinge on control: who sets the terms for how AI can be used, what it can say, and who gets access. Cato's Ryan Bourne hosts Jennifer Huddleston, Senior Fellow in Technology Policy, to discuss the federal government’s escalating dispute with Anthropic, New York’s proposal to police chatbot advice, and the public fears making restrictive AI policy more politically attractive. Hosted on Acast. See acast.com/privacy for more information.

Beyond the immediate crisis, the conversation explores the unintended consequences of military escalation in the Middle East and the limits of U.S. policy responses once global energy flows are disrupted. Cato's Evan Sankey and Colin Grabow examine how great-power politics, alliance commitments, and domestic economic pressures will shape the administration’s next moves as the conflict unfolds. Hosted on Acast. See acast.com/privacy for more information.

The push for new federal databases and legislation like the SAVE Act is often justified as necessary to stop widespread unlawful voting. But according to election administrators and investigators, confirmed cases are vanishingly rare. Cato's Walter Olson and Stephen Richer explore how voter roll audits actually work, why database matching can produce misleading headlines, and what the evidence reveals about the scale of the problem. Hosted on Acast. See acast.com/privacy for more information.

As the White House signals openness to escalation and murky and conflicting objectives, uncertainty clouds both the legal basis and strategic endgame of U.S. involvement in Iran. The Cato Institute's Justin Logan, Thomas Berry, and Brandan P. Buck examine the constitutional and political questions surrounding the U.S. war on Iran. They explore whether the president has legal authority to initiate hostilities without congressional approval, why President Trump launched the war and how it might end, and why Congress struggles to reclaim its war-making authority. Hosted on Acast. See acast.com/privacy for more information.

President Trump’s State of the Union on Tuesday was a full-throated victory lap: America is supposedly “bigger, better, richer and stronger than ever.” Cato’s Ryan Bourne, Clark Neily, and Evan Sankey separate truth from exaggeration—testing the economic claims, unpacking the legal fight over tariff power, and decoding the foreign-policy moves behind the applause lines. Hosted on Acast. See acast.com/privacy for more information.

Cato’s Katherine Thompson sits down with Matt Duss of the Center for International Policy to examine the persistent conflict between Congress and the presidency over war powers. From potential military action against Iran to past debates over Yemen and Venezuela, they explore how successive administrations have expanded executive authority and why Congress has struggled to reclaim its constitutional role. Hosted on Acast. See acast.com/privacy for more information.

Ryan Bourne sits down with Cato’s Adam Michel to unpack what the 2026 tax year will bring, including new provisions commonly described as “no tax on tips” and “no tax on overtime." They also explore the economics of California's billionaire tax ballot initiative, and whether Trump Accounts are a good savings vehicle.  Hosted on Acast. See acast.com/privacy for more information.

From organizing pioneering conferences in China and the Soviet Union to insisting on rigorous scholarship and principled advocacy, Ed Crane brought classical liberal ideas into mainstream policy debates. Ian Vásquez, Jim Dorn, and Aaron Steelman share firsthand stories about Cato’s growth, Crane’s strategic vision, and the long-term approach that shaped debates on markets, foreign policy, and individual liberty around the world. Hosted on Acast. See acast.com/privacy for more information.

A new ideology is gaining influence on the American right: postliberalism. In this episode, Cato Institute economist Ryan Bourne speaks with Phil Magness of the Independent Institute about what postliberalism is, where it came from, and why it matters in today’s political debates. They explore the key thinkers and personalities behind the postliberal movement, its critique of classical liberalism, and its views on executive power, the American founding, constitutionalism, and contemporary public policy. The conversation examines how postliberal ideas are shaping modern conservatism and what they could mean for the future of American politics. Hosted on Acast. See acast.com/privacy for more information.

Cato’s Scott Lincicome sits down with Washington Post editorial writer Dominic Pino to explore what professional sports reveal about trade, immigration, and competition. From a talent-filled, globe-spanning World Series to the NHL’s influx of Soviet and Russian players, they show how “imports” raise quality, delight consumers, and expose the contradictions in protectionist thinking. Hosted on Acast. See acast.com/privacy for more information.

As debates over gun rights intensify, recent shootings in Minnesota reveal how quickly constitutional protections can unravel in practice. Cato's Clark Neily and Matthew Cavedon discuss the dangers of treating firearms as intrinsic hazards, the hypocrisy of selective Second Amendment support, and why protecting unpopular speakers and armed protesters is essential to preserving civil liberties for everyone. Hosted on Acast. See acast.com/privacy for more information.

For more than a century, the Federal Reserve has accumulated responsibilities far beyond monetary policy, from bank regulation to payments and emergency lending. The Cato Institute's Nick Anthony, Norbert Michel, and Jai Kedia break down what the Fed actually controls, what it does not, and why inflation, debt, and financial instability cannot be fixed by interest-rate tweaks alone. Hosted on Acast. See acast.com/privacy for more information.

After more than two decades of socialist rule, Venezuela faces a rare opportunity for democratic transition following Maduro’s removal. Ian Vásquez and Marcos Falcone trace the regime’s record of repression and economic collapse, explain why regime insiders cannot credibly deliver reform, and make the case for immediate engagement with María Corina Machado and the opposition that overwhelmingly won the 2024 election. Hosted on Acast. See acast.com/privacy for more information.

Cato’s Neal McCluskey is joined by Cheryl Fields-Smith, Matthew Lee, and Ron Matus to discuss the new book Fighting for the Freedom to Learn and the centuries-long movement for school choice in America. They challenge the myth that school choice is a modern or partisan project, showing how diverse communities, religious groups, progressives, and parents have long sought pluralistic education options, which is the only way to deliver education consistent with a free and diverse society. Hosted on Acast. See acast.com/privacy for more information.

With aircraft carriers moving into position and calls for “new leadership” in Tehran growing louder, the risk of U.S. military action remains high despite the absence of a coherent strategy. The Cato Institute's Brandan P. Buck and Jon Hoffman argue that vague objectives, inflated threat perceptions, and regime-change fantasies threaten to pull the United States into a costly war that Americans do not want. Hosted on Acast. See acast.com/privacy for more information.

From over-the-counter drugs to employer-controlled health benefits, Cato's Michael Cannon and Dr. Jeffrey Singer argue that real health reform means giving patients control over their own money rather than reshuffling subsidies. They explain how freeing short-term plans, deregulating prescriptions, and ending tax favoritism for employer insurance could deliver lower prices, broader choice, and more durable reform than another round of federal spending. Hosted on Acast. See acast.com/privacy for more information.

Cato's David Bier and Chris Edwards discuss the welfare fraud scandals in Minnesota, including the $250 million Feeding Our Future scam, to explain how federal money flowing through state programs creates weak oversight and incentives for abuse. They argue that the structure of federal aid to states, not immigration or individual bad actors, is the core driver of fraud in welfare, housing, and health programs. Hosted on Acast. See acast.com/privacy for more information.

As data centers begin demanding power at the scale of entire cities, the electricity system is running headlong into regulatory barriers built for a different era. The Cato Institute's Travis Fisher sits down with Glen Lyons, the founder of Advocates for Consumer Regulated Electricity, to explore proposals for off-grid utilities, Senator Tom Cotton’s new legislation, and how market-based approaches could accelerate supply while protecting consumers from rising costs and reliability risks.  Hosted on Acast. See acast.com/privacy for more information.

The arrest of Nicolás Maduro raises hard questions about presidential power, congressional authority, and the legal boundaries of military force. Cato's Brandan P. Buck and Clark Neily analyze the operation’s status under U.S. and international law, its implications for future conflicts, and why ambiguity has become the executive branch’s most dangerous tool. Hosted on Acast. See acast.com/privacy for more information.

A Russian dissident living in exile finds her US bank accounts closed after being labeled an extremist by the Kremlin. Nicholas Anthony interviews Anna Chekhovich of the Anti-Corruption Foundation about her experience being debanked. Together, they unpack how sanctions, anti-money laundering rules, and financial surveillance systems enable authoritarian governments to silence critics beyond their borders. Hosted on Acast. See acast.com/privacy for more information.

A plan to massively expand FDIC insurance is gaining traction in Washington, despite little evidence that customers or community banks are asking for it. Cato's Nicholas Anthony, Norbert Michel, and Jill Castilla, CEO of Citizens Bank of Edmond, show how the proposal would subsidize wealthy depositors, weaken market discipline, and entrench bailout expectations across the banking system. Hosted on Acast. See acast.com/privacy for more information.

From Australia’s social media ban to U.S. and UK age-verification laws, governments are increasingly treating online access as something to be licensed. Cato's Jennifer Huddleston and David Inserra explore how these policies collide with free expression, parental autonomy, and privacy, and why empowering families works better than sweeping government bans. Hosted on Acast. See acast.com/privacy for more information.

Intended to save fuel and protect consumers, CAFE standards have instead penalized efficient small cars, subsidized trucks and SUVs, and created a de facto electric-vehicle mandate. Cato's Chad Davis, Brent Skorup, and Peter Van Doren trace how decades of regulatory layering have increased vehicle manufacturing costs, reduced affordability for consumers, and locked automakers into an endless cycle of policy reversals. Hosted on Acast. See acast.com/privacy for more information.

A new Cato survey reveals that Americans overwhelmingly support Social Security while fundamentally misunderstanding its structure, finances, and long-term viability. Romina Boccia and Emily Ekins explore how myths about personal accounts, proportional benefits, and trust-fund solvency shape public opinion — and why ignorance makes meaningful reform politically elusive. Hosted on Acast. See acast.com/privacy for more information.

Cato's Ian Vásquez and the Fraser Institute's Matt Mitchell walk through the 2025 edition of the Human Freedom Index, documenting a worldwide decline in economic, civil, and personal freedoms that began before the pandemic and sharply accelerated after it. They explain how populism, authoritarian emergency powers, trade restrictions, and speech controls have left nine in ten people living in less free societies, and why the recovery remains uneven and fragile. Hosted on Acast. See acast.com/privacy for more information.

Cato's Michael Cannon and the Center for Long-Term Care Reform's Stephen Moses examine how Medicaid’s long-term-care eligibility rules let middle- and upper-middle-class households shelter assets and shift costs onto taxpayers, driving up spending and lowering quality for the poor. Drawing on Moses’s new Cato paper Better Long-Term Care for Billions Less, they explain how perverse incentives, generous exemptions, and weak estate recovery undermine private planning and inflate a program already consuming one-third of Medicaid’s budget. Hosted on Acast. See acast.com/privacy for more information.

The Cato Institute's Katherine Thompson and Josh Shifrinson join Justin Logan to dissect the most contentious passages of the National Security Strategy, including its warnings about European “civilizational erasure,” its revived Monroe Doctrine instincts, and the absence of military escalation language on China. The discussion weighs whether this NSS truly reflects restraint and realism or simply refines old habits under a new rhetorical wrapping. Hosted on Acast. See acast.com/privacy for more information.

The Cato Institute's Jeff Singer and Michael Fox mark Repeal Day by examining how alcohol prohibition and the modern drug war share the same destructive logic: criminalizing peaceful people, fueling black markets, corrupting law enforcement incentives, and empowering violent traffickers. Drawing on real-world examples of overdose deaths, civil forfeiture, and policing excesses, they argue for a consistent, liberty-based framework that treats drug users with the same legal respect afforded to alcohol consumers. Hosted on Acast. See acast.com/privacy for more information.

Cato adjunct scholars Terence Kealey and John Early join Ryan Bourne to discuss the pair's new Cato working paper Mission Lost: How NIH Leaders Stole Its Promise to America. Kealey and Early detail how the National Institutes of Health's shift from financing mission-led research to funding basic science has reduced its effectiveness in improving Americans' health, all the while crowding out cutting-edge commercial science, and funnelling taxpayer dollars to a range of questionable projects. Hosted on Acast. See acast.com/privacy for more information.

Is your Thanksgiving dinner more or less affordable this year? Human Progress's Marian Tupy joins the Cato Institute's Ryan Bourne to discuss the political battle over affordability, the long-term costs of high inflation, and how time-prices show most goods becoming more abundant over time. Plus, the pair discuss human progress developments and why they are both thankful for the USA. Hosted on Acast. See acast.com/privacy for more information.

Cato's Chad Davis and Travis Fisher examine the gulf between symbolic climate pledges and the real-world complexities of energy use — from EV carbon costs to fossil-fueled resilience against natural disasters. They argue that the “climate homicide” narrative misreads the data, and that abundant, affordable energy remains humanity’s greatest defense against climate risk. Hosted on Acast. See acast.com/privacy for more information.

FEMA was meant to help only when disasters exceeded state capacity. Yet today it functions primarily as a national subsidy machine, encouraging development in floodplains, bailing out wealthy coastal states, and shifting costs onto taxpayers far from the danger zones. The Cato Institute's Dominik Lett and Chris Edwards discuss how well-intentioned federal aid has created perverse incentives, bureaucratic delays, and a long tail of spending that continues decades after storms like Katrina. Hosted on Acast. See acast.com/privacy for more information.

Romina Boccia, Michael F. Cannon, and Adam Michel break down the 43-day government shutdown driven by demands to extend temporary Obamacare subsidies for upper-income households earning well into six figures. The trio examines how the stalemate exposed deeper structural problems: runaway entitlement growth, perverse state incentives, a fragile food stamp and air-traffic control system, and a federal budget process unable to handle partisan deadlock. Hosted on Acast. See acast.com/privacy for more information.

The Cato Institute's Justin Logan and Brandan P. Buck unpack the Trump administration’s shifting justifications for military action in Venezuela, from fentanyl and cocaine interdiction to Monroe Doctrine revivalism. They explore the legal and strategic risks of invoking war powers under dubious pretenses, warning that the push for regime change could repeat the mistakes of Libya and Iraq while doing little to solve the hemisphere’s drug or governance problems. Show Notes: https://www.theamericanconservative.com/dont-do-it-mr-president/ https://www.theamericanconservative.com/when-peace-through-strength-means-war-is-peace/ https://www.cato.org/commentary/us-military-cant-solve-fentanyl-crisis Hosted on Acast. See acast.com/privacy for more information.

Can a president tax Americans at will under the guise of a national emergency? The Cato Institute's Scott Lincicome and Brent Skorup dissect the high-stakes Supreme Court battle over Trump’s “fentanyl tariffs,” the broadest assertion of trade power in modern U.S. history. They explore how the case could reshape executive authority, revive dormant constitutional doctrines, and determine whether Congress or the White House truly controls U.S. trade policy. Show Notes: https://www.cato.org/blog/emergency-tariff-refunds-theres-easy-way-very-hard-way https://www.cato.org/blog/why-three-cato-trade-scholars-filed-amicus-brief-us-supreme-court https://www.cato.org/commentary/striking-down-tariffs-wont-hurt-anybody https://www.cato.org/legal-briefs/trump-v-vos-selections-learning-resources-v-trump Hosted on Acast. See acast.com/privacy for more information.

Romina Boccia joins Nicholas Anthony to discuss how the shutdown centers on demands to extend subsidies for earners making well above median household income—all the way up to $500,000 annually. Federal workers and SNAP recipients have been offered up as political collateral for a deal that would cause an unprecedented $1.5 trillion in additional deficit spending—all while we continue trucking toward a fiscal cliff. Show Notes: Romina Boccia and Tyler Turman, "Food Stamp Shutdown Reveals the Fragility of Federal Welfare," Cato at Liberty Blog, October 30, 2025 Romina Boccia and Tyler Turman, "End Obamacare’s Welfare for the Wealthy COVID Credits," Cato at Liberty Blog, October 23, 2025 Romina Boccia and Tyler Turman, "Welfare Digest | End the ACA Subsidies for the Well-Off," Debt Dispatch, October 22, 2025 Romina Boccia and Ritvik Thakur, "Debt Digest | Remove Obamacare Regulations Instead of Extending COVID-era Credits," Debt Dispatch, October 14, 2025 Romina Boccia, "Shutdown Theatrics Just Distract Us from the Real Problem: Obscene National Debt," New York Post, October 2, 2025 Romina Boccia and Ritvik Thakur, "Debt Digest | Let Obamacare COVID Credits Expire," Debt Dispatch, October 2, 2025 Romina Boccia, "Thoughts About the Government Shutdown," Cato at Liberty Blog, October 1, 2025 Romina Boccia, Ritvik Thakur, and Ivane Nachkebia, "Debt Digest | Government Shutdown Is Likely," Debt Dispatch, September 8, 2025 Hosted on Acast. See acast.com/privacy for more information.

For 60 years, the U.S. government has protected the steel industry through tariffs, quotas, and Buy American mandates. Yet steel costs remain among the highest globally, and protectionism has extracted a staggering price: $650,000 in economic damage for every steel job saved, and 75,000 manufacturing jobs lost in 2019 alone. Cato's Clark Packard and Alfredo Carrillo Obregon investigate why protectionism failed and what market-based solutions would actually work. Show Notes: https://www.cato.org/policy-analysis/steeled-protectionism Hosted on Acast. See acast.com/privacy for more information.

School choice isn’t just about choosing different schools—it’s about unbundling education itself and trying new things to get kids excited about learning. Cato scholars Neal McCluskey and Colleen Hroncich envision a future where adults educated through innovative institutions bring diverse perspectives to workplaces and communities. Hosted on Acast. See acast.com/privacy for more information.

Both Republicans and Democrats pressure the Fed toward different agendas, revealing deeper institutional problems. Norbert Michel and Jai Kedia argue that broad discretion and an inflated view of the Fed's influence enable mission creep and capture regardless of who holds power. The solution? Congressional legislation establishing clear rules. Hosted on Acast. See acast.com/privacy for more information.

Travis Fisher and Jennifer Huddleston discuss how outdated energy policies created barriers to new generation just as AI data centers began demanding unprecedented amounts of power. They imagine a path forward using free market policies in both AI and electricity to create previously unimaginable levels of human flourishing and prosperity. Hosted on Acast. See acast.com/privacy for more information.

President Trump is taking a victory lap for brokering peace in Gaza—while simultaneously escalating the U.S. proxy war in Ukraine and launching airstrikes against suspected cartel boats. Our panel assesses Trump’s Nobel ambitions, celebrates this year’s actual Peace Prize winner, Venezuelan opposition leader María Corina Machado. Justin Logan, "The Case for Withdrawing from the Middle East," Defense Priorities, September 2020. Ian Vasquez, “Maria Corina Machado, Venezuelan Champion of Freedom, Wins the Nobel Peace Prize,” Cato at Liberty blog, October 10, 2025. Ian Vasquez and Marcos Falcone, “Liberty Versus Power in Milei’s Argentina,” Free Society, October, 2025. Hosted on Acast. See acast.com/privacy for more information.

According to recent government data, immigration enforcement has become a much more dangerous job. David Bier and Patrick Eddington discuss the policy tradeoffs driving these numbers, previous administrations' efforts at mitigating mass immigration, and how to craft a more just, effective and safe immigration policy. Hosted on Acast. See acast.com/privacy for more information.

President Trump’s new “Compact with Academia” aims to reshape higher ed using the leverage of federal funds. Our panel unpacks the constitutional risks of Washington’s latest salvo in the campus culture wars. Plus, shutdown week two: will the administration deliver on federal job cuts or is it Grim Reaper cosplay?   Neal McCluskey, "Higher Ed Compact Is More of the Same, Worse," Cato at Liberty blog, October 7, 2025. Adam Michel, "Six Reasons to Not Extend the Enhanced Obamacare Subsidies," Cato at Liberty blog, October 7, 2025. Neal McCluskey, "Court Rightly Finds for Harvard Against Trump Administration," Cato at Liberty blog, September 4, 2025. Dominik Lett, "Revoking IEEPA Tariffs Will Not “Lead to Financial Ruin,”" Cato at Liberty blog, October 3, 2025. Hosted on Acast. See acast.com/privacy for more information.

Robby Soave, senior editor at Reason and co-host of The Hill's Rising, join's Cato's Thomas A. Berry and David Inserra to discuss the state of free speech following the Charlie Kirk assassination and Jimmy Kimmel suspension. They examine how recent administrations have engaged in government jawboning to suppress speech and conclude that consistent First Amendment principles must prevail regardless of which party controls government power. Show Notes: https://www.cato.org/blog/kimmel-cancellation-dangerous-sign-free-speech https://www.cato.org/blog/americans-must-remain-committed-free-expression-after-assassination-charlie-kirk Hosted on Acast. See acast.com/privacy for more information.

The federal government shuts down as the Supreme Court returns. Our panel looks at the Trump team’s plan to use the shutdown for mass layoffs —and previews a new Supreme Court term packed with big fights over tariffs, emergency powers, and the future of “independent” agencies. Romina Boccia, "Thoughts About The Impending Government Shutdown," The Debt Dispatch, September 30, 2025. Jeffrey Miron, "Some Libertarians Cheer When Government Shuts Down: Here's Why They Shouldn't," Vox, January 21, 2018. Ryan Bourne, "The Libertarian Experiment That Isn't," Cato at Liberty blog, January 11, 2019. Thomas A. Berry, Brent Skorup, and Charles Brandt, "Learning Resources v. Trump," Cato Amicus Brief, July 30, 2025. Hosted on Acast. See acast.com/privacy for more information.

Will congressional inaction lead to a government shut down? Do shutdowns halt the government in its tracks, and if not, who decides what stays and what goes? What does it mean for President Trump -- or the rest of us?   Cato's VP for Government Affairs, Chad Davis, in conversation with Patrick Eddington, senior fellow in homeland security and civil liberties at the Cato Institute. Correction: The 35-day shutdown in late 2018 into early 2019 was over Trump's demand for $5.7 billion in federal funds for a border wall. The shutdown over Dreamers was three days in January 2018. Hosted on Acast. See acast.com/privacy for more information.

FCC chair Brendan Carr’s “easy way or hard way” threat to TV broadcasters lit a censorship firestorm this week. Our Cato panel digs into the government's jawboning, broadcast licensees' “junior-varsity” First Amendment rights, and whether it’s time to scrap the FCC altogether. Plus, the latest on AI regulation and the art of the TikTok deal. Brent Skorup, "Jimmy Kimmel, the FCC, and Why Broadcasters Still Have “Junior Varsity” First Amendment Rights," September 19, 2025. Ilya Somin, "Abolish the FCC," September 18, 2025. David Inserra and John Samples, "Kimmel Cancellation a Dangerous Sign for Free Speech," September 24, 202 Jennifer Huddelston, "Trump’s TikTok Reprieve Won’t Fix the Law’s Free Speech Problems," February 3, 2025. Hosted on Acast. See acast.com/privacy for more information.

SEC Commissioner Hester Peirce joins Jennifer Schulp and Cato's Norbert Michel to discuss how government financial surveillance has eroded Americans' constitutional privacy rights through tools like the Consolidated Audit Trail. Peirce advocates for principles-based regulation that protects individual financial privacy while allowing innovation to flourish, arguing that current prescriptive rules create barriers to entry and stifle competition. The conversation explores how new technologies could restore individual sovereignty over personal financial data, enabling Americans to reclaim control over their private information. Hosted on Acast. See acast.com/privacy for more information.

Are Americans becoming dangerously tolerant of political violence? After Charlie Kirk’s assassination, our Cato panel looks at trends in public opinion, past episodes of political terrorism, and new risks to free expression. Plus, Milei’s electoral setback in Buenos Aires province—what now for Argentina's libertarian experiment? Alex Nowrasteh, "Politically Motivated Violence Is Rare in the United States," September 11, 2025. Emily Ekins, "The State of Free Speech and Tolerance in America," October 2017 Survey Report. YouGov, "What Americans really think about political violence," September 12, 2025. Ian Vasquez, "Deregulation in Argentina." Spring 2025. Lorenzo Bernaldo de Quirós, "Argentine President Milei Should Let the Peso Float," September 17, 2025. Hosted on Acast. See acast.com/privacy for more information.

When Syracuse University forced its social work faculty to partner with a for-profit corporation that takes two-thirds of online tuition revenue, professor Kenneth Corvo began investigating where student money actually goes in higher education. His findings reveal a systemic problem across American universities: more administrators than faculty at the college level, expanding bureaucracies focused on "student experience" and compliance, and minimal transparency about how tuition dollars are spent. The discussion with Cato's Walter Olson traces how federal funding, regulatory requirements, and the erosion of scientific rigor have combined to create institutions that increasingly fail their core educational mission. Hosted on Acast. See acast.com/privacy for more information.

This week, Congress returns to looming shutdowns and a “pocket-rescission” power grab. Abroad, President Trump pushes “America First” by rebranding the Pentagon as the Department of War—and launching an airstrike on a Venezuelan cartel boat. Our panel asks what all this says about America’s fiscal sanity and its foreign-policy compass. Adam N. Michel and Dominik Lett, “Reconciliation 2.0: Fix or Fiasco?,” Cato at Liberty (September 3, 2025) Romina Boccia and [co-author unspecified], “Coming Budget Debates and How Congress Should Navigate Them,” Cato at Liberty (September 2025) Brandan P. Buck, “The Lost Liberalism of America First,” Free Society (June 30, 2025) Brandan P. Buck, “The Cognitive Shift: How the Terrorist Label May Lead to Another Forever War,” Cato at Liberty (March 19, 2025) Hosted on Acast. See acast.com/privacy for more information.

Norbert Michel and Dominic Lett square off over whether fiscal or monetary policy is the bigger mess. Lett highlights how entitlement programs like Social Security and Medicare are driving unsustainable debt levels, while Michel explains how post-2008 Federal Reserve changes have created risks of “fiscal dominance,” where monetary policy is increasingly shaped by government borrowing needs. Both stress that without structural reforms and political restraint, the U.S. faces uncertain and potentially catastrophic economic consequences. Show Notes: https://www.cato.org/policy-analysis/comprehensive-evaluation-policy-rate-feedback-rules# https://www.cato.org/books/crushing-capitalism https://www.cato.org/blog/medicaid-driving-deficits-republicans-are-scarcely-tapping-brakes https://www.cato.org/news-releases/senate-bill-could-increase-debt-6-trillion-cato-analysis# Hosted on Acast. See acast.com/privacy for more information.

What should “public health in a free society” look like, and what limits should courts impose on executive trade powers? This week’s panel covers the shakeup at the CDC, asks whether America really needs a Surgeon General, and unpacks a blockbuster ruling from the Federal Circuit declaring most of President Trump’s global tariffs illegal. Adam Thierer, “Breaking the Government’s Grip on the Medical Debate,” Cato at Liberty (August 28, 2025)  J.A. Singer, “Unnecessary Relics,” Policy Analysis (July 2025) Thomas A. Berry, Brent Skorup, and Charles Brandt, “V.O.S. Selections, Inc. v. Trump,” Legal Briefs (July 8, 2025) Brent Skorup, Ilya Somin, and Walter Olson, “Tariffs, Emergencies, and Presidential Power: A Conversation with Ilya Somin and Walter Olson,” Multimedia Event (May 27, 2025) Hosted on Acast. See acast.com/privacy for more information.

Join Cato's Alex Nowrasteh and Travis Fisher as they unpack a pivotal moment in climate policy reform. The duo explores Fisher's tenure at the Department of Energy and the groundbreaking report that could reshape the discourse on greenhouse gases. Travis Fisher, “Why I Helped Organize the Department of Energy’s Climate Report,” Cato at Liberty (August 6, 2025) Travis Fisher and Joshua Loucks, “The Budgetary Cost of the Inflation Reduction Act’s Energy Subsidies,” Policy Analysis (March 11, 2025) Patrick J. Michaels, “Cato Releases Report on EPA Endangerment Finding,” News Releases (October 31, 2012) Hosted on Acast. See acast.com/privacy for more information.

"Golden shares” at home, grand bargains abroad. In this episode, Cato scholars weigh Trump’s push for equity stakes in U.S. firms under the CHIPS Act and his effort to strike a quick deal with Putin on Ukraine. What does state capitalism at home mean for American liberty—and can deal-making diplomacy abroad actually end the U.S. entanglement in Ukraine? Scott Lincicome, “The government’s Intel stake is antithetical to American greatness” https://www.washingtonpost.com/opinions/2025/08/24/trump-intel-government-marketplace/ Justin (and Dan Caldwell) on security guarantees: https://thefederalist.com/2025/08/26/if-ukraine-wants-security-guarantees-it-should-get-them-from-europe/ Ryan Bourne, “Trump’s cronyism is quietly unravelling American capitalism,” https://www.thetimes.com/us/business/article/trumps-cronyism-is-quietly-unravelling-american-capitalism-jxlwwf7dw Ryan Bourne, Industrial Policy was the Gateway Drug to Cronyism Hosted on Acast. See acast.com/privacy for more information.

Cato’s Jennifer Huddleston and Tommy Berry examine the 2024 TikTok divest-or-ban law and what it means for Americans. They explain how the law could reshape the app market, restrict free speech, and expand government power far beyond TikTok itself. Jennifer Huddleston, “Could the Latest TikTok ‘Ban’ Pass Constitutional Muster?,” Cato at Liberty (blog) (March 12, 2024) Jennifer Huddleston, “Competition and Content Moderation: How Section 230 Enables Increased Tech Marketplace Entry,” Policy Analysis no. 922 (January 31, 2022) Jennifer Huddleston and Tommy Berry, “TikTok Users Await Looming US Ban; SCOTUS May Intervene,” Cato Daily Podcast (January 16, 2025) Hosted on Acast. See acast.com/privacy for more information.

As President Trump’s “crime emergency” puts troops on D.C.’s streets, socialist Zohran Mamdani surges ahead in the New York mayoral race. On the panel, Cato scholars debate whether America’s capitals of politics and finance are becoming laboratories for failed ideas. Ryan Bourne, “Zohran Mamdani’s ‘War on Prices’,” Commentary (June 13, 2025) cato.org Scott Lincicome, “State-Run Supermarkets: A (Bad) Statist Solution in Search of a Problem,” Commentary (July 10, 2025) cato.org Marian L. Tupy, “Marian L. Tupy Discusses His Experiences Living Under Communism on Prager U’s Stories of Us Podcast,” Media Highlights TV (November 14, 2023) Hosted on Acast. See acast.com/privacy for more information.

Justin Logan and Clark Packard break down the twists and turns of the U.S.-China relationship—from trade liberalization and consumer benefits to lost manufacturing and rising geopolitical tensions. They unpack how economic integration shaped today’s challenges and what it means for America’s future. Justin Logan, “Liberty at Home, Restraint Abroad: A Realist Approach to Foreign Policy,” Free Society (June 20, 2024)  Justin Logan, “Uncle Sucker: Why U.S. Efforts at Defense Burdensharing Fail,” Policy Analysis no. 940 (March 7, 2023)  Clark Packard, Course Correction, Policy Analysis no. 897 (July 21, 2020) Clark Packard and Scott Lincicome, “Presidential Tariff Powers and the Need for Reform,” Briefing Paper no. 179 (October 9, 2024) Hosted on Acast. See acast.com/privacy for more information.

As President Trump pushes to unwind one proxy war—with Russia in Ukraine—he’s ramping up another in this hemisphere: ordering the Pentagon to ready battle plans against Latin American drug cartels. On our panel, Cato scholars weigh the odds of a Putin deal and the risk of replaying past drug war disasters. Justin Logan, “Trump Shouldn’t Settle for European Spending Pledges,” Foreign Policy, July 25, 2025 Brandan P. Buck, “Invading Mexico Will Not Solve the Cartel Problem,” The American Conservative, December 17, 2024 Ian Vasquez, “Deregulation in Argentina: Milei Takes “Deep Chainsaw” to Bureaucracy and Red Tape,” Free Society (Spring 2025) Hosted on Acast. See acast.com/privacy for more information.

  In this episode, Senior Fellow in Technology Policy Jennifer Huddleston and Technology Policy Research Fellow Matthew Mittelsteadt break down the Trump administration's new AI Action Plan and what it means for American innovation.  Matt Mittelsteadt, “The AI Action Plan: Taking AI Innovation Seriously,” Cato at Liberty (July 28, 2025) Matt Mittelsteadt, “The Safety Risks of the Coming AI Regulatory Patchwork,” Cato at Liberty (June 24, 2025) Jennifer Huddleston, “Content Creators, Entrepreneurial Users, and the Impact of Tech Policy,” Policy Analysis (April 29, 2025) Jennifer Huddleston, “Is AI a Horse or a Zebra When It Comes to the First Amendment,” Cato at Liberty (July 28, 2025) Hosted on Acast. See acast.com/privacy for more information.

Last week, President Trump ramped up pressure on two favorite targets: elite universities and Fed Chair Jerome Powell. In the “War on Woke U,” the administration landed a $50 million settlement from Brown—the third Ivy to cut a deal—and added Duke and UCLA to the hit list with new civil rights probes and a funding cutoff. Meanwhile, after the Fed held rates steady, Trump escalated his campaign to oust Powell, denouncing him as a “stubborn MORON” on Truth Social. In this episode, Cato scholars break down the Art of the Forcible Deal. What risks do Trump’s pressure tactics pose for monetary stability? Will they reform broken institutions—or just deepen their politicization? And is Trump’s strongarm approach an aberration, or a preview of the modern presidency’s future? Show Notes: David Beckworth, “The Consolidated Government Budget Constraint Does Not Care About Your Fed Independence Feelings,” Substack (July 25, 2025)Ryan Bourne, “A Case for Federal Deficit Reduction,” Cato Policy Analysis no. 973 (April 18, 2024)Michael Chapman, “A Win for Liberty: Congress Defunds CPB, NPR, and PBS,” Cato@Liberty (July 23, 2025)Jeffrey A. Miron and Jacob P. Winter, “Giving Up Federal Funds Would Do Harvard Good,” Harvard Crimson (April 30, 2025)Norbert Michel and Jai Kedia, “A Check-In on the Fed: Why Politically Motivated Monetary Policy Is Dangerous and Counterproductive,” Cato Video (July 22, 2025) Hosted on Acast. See acast.com/privacy for more information.

Peter Van Doren and David Kemp bring libertarian skepticism to the bipartisan political support for nuclear power. They analyze why regulatory reform alone may not solve nuclear's economic problems and discuss how recent U.S. projects have failed to deliver on promises of cost-effectiveness even after a supposed "renaissance" in the late 2000s. They finish up with a discussion on whether small modular reactors (SMRs) are the nuclear silver bullet. Show Notes: Peter Van Doren and David Kemp, Nuclear Power in the Context of Climate Change, Cato Institute Working Paper, April 27, 2023. https://www.cato.org/working-paper/nuclear-power-context-climate-change. David Kemp and Peter Van Doren, "Would a Carbon Tax Rejuvenate Nuclear Energy?" Regulation 45, no. 3 (Fall 2022). https://www.cato.org/regulation/fall-2022/would-carbon-tax-rejuvenate-nuclear-energy. David Kemp, "Nuclear Power’s Newest Cautionary Tale," Cato at Liberty (blog), January 23, 2024. https://www.cato.org/blog/nuclear-powers-newest-cautionary-tale. Hosted on Acast. See acast.com/privacy for more information.

Cato's Clark Neily and Mike Fox give the most recent SCOTUS term a B- grade on criminal law. While they celebrate some unanimous victories like Barnes v. Felix (requiring courts to consider totality of circumstances in police use-of-force cases) and Martin v. United States (allowing federal tort claims against law enforcement), they express frustration with the Court's repeated refusal to hear cases involving the "petty offense doctrine," appellate waivers in plea bargains, and felon-in-possession gun laws—all issues with clear circuit splits that affect large numbers of people. The episode concludes with a celebration of Fox's efforts that led to presidential pardons for John Moore and Tanner Mansell, achieving justice where the courts failed. Hosted on Acast. See acast.com/privacy for more information.

Thomas A. Berry and Brent Skorup analyze five major Supreme Court cases from the recently concluded term, describing it as a "mixed bag" with more government victories than libertarians would prefer. They discuss key decisions including Free Speech Coalition v. Paxton (upholding Texas age verification requirements for adult content), Trump v. Casa Inc. (ending universal injunctions by federal judges), and several other significant rulings on transgender rights and religious liberty in schools. Hosted on Acast. See acast.com/privacy for more information.

Adam Michel, Michael Cannon, and Dominik Lett break down the One Big Beautiful Bill. Is it $3.4 trillion, or actually $6 trillion? Is Medicaid getting a cut or a trim? With spending cuts pushed to later years and tax benefits front-loaded, the scholars dissect the political calculations and baseline accounting that shaped this massive piece of legislation. Show Notes: Michael F. Cannon, “Congress Must Cut and Reform Medicaid,” Cato at Liberty (blog), July 18, 2023. https://www.cato.org/blog/congress-must-cut-reform-medicaid. Chris Edwards, “The Senate’s Big, Beautiful Blunder Could Increase the Debt by $6 Trillion,” Cato at Liberty (blog), October 30, 2023. https://www.cato.org/blog/senates-big-beautiful-blunder-could-increase-debt-6-trillion. “Senate Budget Serves Dessert First, Spinach Later,” Cato Institute, October 26, 2023. https://www.cato.org/news-releases/senate-budget-serves-dessert-first-spinach-later. Romina Boccia, “Fiscal Hawks to the Defense of the GOP’s Deficit-Busting Budget Bill,” Cato at Liberty (blog), November 1, 2023. https://www.cato.org/blog/fiscal-hawks-defense-gops-deficit-busting-budget-bill. Hosted on Acast. See acast.com/privacy for more information.

Michael F. Cannon and Neal McCluskey let us listen in on their ongoing 20-year debate over who has the more difficult job -- fixing health care or education. McCluskey argues that government's monopolistic control over K-12 education and compulsory schooling creates a more fundamental threat to freedom, while Cannon contends that health care is even more dysfunctional due to cascading government interventions that have created the world's most expensive and gap-ridden health system. Both scholars explore how government subsidies drive up costs in their respective sectors and outline their visions for more libertarian, market-based alternatives. Show Notes: https://www.cato.org/free-society/summer-2025/federal-failure-parental-freedom-story-movement    https://www.cato.org/blog/supreme-court-right-reading-opt-outs-thats-not-enough   https://www.cato.org/blog/top-5-reasons-end-us-department-education Hosted on Acast. See acast.com/privacy for more information.

Justin Logan and Jon Hoffman delve into Hoffman's latest policy analysis, "Aimless Rivalry: The Futility of U.S. China Competition in the Middle East." They debunk justifications for U.S. Middle East policy based on competition with China and challenge prevailing narratives in international relations. Tune in for a thorough discussion that puts threats in context and examines U.S. policy through a skeptical lens. Show Notes: Hoffman, Jon. Aimless Rivalry: The Flawed Assumptions Driving U.S. Middle East Policy. Policy Analysis no. 956. Washington, DC: Cato Institute, July 24, 2023. https://www.cato.org/policy-analysis/aimless-rivalry. Gholz, Eugene, and Daryl G. Press. “Why the Middle East Still Doesn’t Matter.” Politico Magazine, October 15, 2014. https://www.politico.com/magazine/story/2014/10/why-the-middle-east-still-doesnt-matter-111747/. Ashford, Emma. The Case for Withdrawing from the Middle East. Washington, DC: Defense Priorities, 2019. https://www.defensepriorities.org/reports/the-case-for-withdrawing-from-the-middle-east/. Preble, Christopher A., and Jon Hoffman. “Middle East Security.” In Cato Handbook for Policymakers, 9th ed., 406–13. Washington, DC: Cato Institute, 2022. https://www.cato.org/cato-handbook-policymakers/cato-handbook-policymakers-9th-edition-2022/middle-east-security. Hoffman, Jon. “The U.S. Has Nothing to Fear from China in the Middle East.” Cato Institute, June 20, 2023. https://www.cato.org/commentary/us-has-nothing-fear-china-middle-east. Hoffman, Jon. “Jon Hoffman Participates in Event: U.S.-China Competition and the Value of the Middle East.” Cato Institute, April 25, 2023. https://www.cato.org/multimedia/media-highlights-tv/jon-hoffman-participates-event-us-china-competition-value-middle. Hosted on Acast. See acast.com/privacy for more information.

What are stablecoins, how do they work, and what does the future hold for these innovative financial instruments? Join Norbert Michel and Jennifer Schulp from the Cato Institute's Center for Monetary and Financial Alternatives as they delve into the evolving landscape of stablecoin legislation. Whether you're a seasoned crypto enthusiast or just curious about digital currencies, this discussion will provide valuable insights into the regulatory environment and the potential impacts on the financial system. Show Notes: Norbert J. Michel and Jack Solowey. “Stablecoin Bills Galore: How Do They Stack Up?” Cato at Liberty (blog), July 27, 2023. https://www.cato.org/blog/stablecoin-bills-galore-how-do-they-stack. Jack Solowey. “Stablecoin Legislation Must Ensure Financial Privacy.” Cato Institute, August 15, 2023. https://www.cato.org/commentary/stablecoin-legislation-must-ensure-financial-privacy. Nicholas Anthony. “The GENIUS Act Is a Good Start. Congress Could Make It Smarter.” Cato Institute, June 6, 2023. https://www.cato.org/commentary/genius-act-good-start-congress-could-make-it-smarter. “Stablecoins, Market Structure, and More: Evaluating the Crypto Legislative Landscape.” Cato Institute Video, August 29, 2023. https://www.cato.org/multimedia/cato-video/stablecoins-market-structure-more-evaluating-crypto-legislative-landscape. Hosted on Acast. See acast.com/privacy for more information.

In this episode, Alex Nowrasteh and Ryan Bourne delve into the intriguing journey of Doge 1.0 under Donald Trump's administration. From Elon Musk's ambitious overhaul to the eventual departure of key figures, they explore the chaotic, amusing, and concerning facets of this government efficiency experiment. With insights into the economic impacts, legislative hurdles, and potential future in Doge 2.0, this discussion sheds light on the complexities of attempting a bureaucratic revolution. Join Alex and Ryan as they dissect the promises, failures, and hopes of a libertarian downsizing dream. Show Notes: Alex Nowrasteh and Ryan Bourne, "Cato Institute Report to the Department of Government Efficiency (DOGE)" White Paper, December 11, 2024 Ryan Bourne and Alex Nowrasteh, "Small-Government Conservatives Should Give DOGE a Chance" The Dispatch, December 30, 2024 Ryan Bourne and Alex Nowrasteh, "DOGE Can’t Just Trim Waste. It Has to Cut Government — A Lot" U.S. News & World Report, January 7, 2025 Ryan Bourne, "DOGE: Efficiency Requires Elimination" The War on Prices, March 14, 2025 Alex Nowrasteh and Ryan Bourne, "Six Ways to Understand DOGE and Predict Its Future Behavior" cato.org, March 17, 2025 Ryan Bourne, "Does DOGE Show That There’s Little Government Waste?" The War On Prices May 9, 2025 Hosted on Acast. See acast.com/privacy for more information.

Is misinformation really a new crisis—or just the latest chapter in a centuries-old debate over truth, speech, and power? In this episode, Cato Institute’s Jennifer Huddleston and David Inserra unpack the cultural and policy panic surrounding misinformation and disinformation in the age of AI, deepfakes, and viral tweets. Who should decide what counts as truth online? Plus, why humility, media literacy, and a competitive internet might be better solutions than censorship. Show Notes: Jennifer Huddleston, "AI and the Future of Our Elections" Testimony, September 27, 2023 Jennifer Huddleston and David Inserra, "Oversight Board Comment on Misinformation and Manipulated Media: The Importance of Free Expression in the Debate over Misinformation" cato.org, October 25, 2023 Jennifer Huddleston, "The Rush to Regulate AI Coule be the Death of Parody" National Review (Online), January 26, 2024 David Inserra and Jennifer Huddleston, "Actually, Tim Walz, the First Amendment Does Protect Misinformation and ‘Hate Speech’" National Review, August 11, 2024 Jennifer Huddleston and Emma Hopp, "What the Past Can Teach Us about Our AI Fears" Reason, October 29, 2024 David Inserra and Brent Skorup, "Comments in Response to FCC “Delete, Delete, Delete” Initiative" cato.org, April 11, 2025 David Inserra, "The Misleading Panic over Misinformation" Policy Analysis No. 999, June 26, 2025 Hosted on Acast. See acast.com/privacy for more information.

Is your financial life really private? In this eye-opening episode, Cato Institute's Norbert Michel and Nicholas Anthony take us deep into the world of financial surveillance, starting with the 1970 Bank Secrecy Act. What was originally sold as a tool to catch tax cheats has quietly evolved into a sprawling system of government oversight—with banks and financial institutions acting as unwitting watchdogs. From suspicious activity reports to the third-party doctrine, Norbert and Nicholas explain how the erosion of Fourth Amendment protections has happened largely out of public view. They break down the law’s legacy, how it expanded post-9/11, and why $10,000 isn’t the large sum it once was. But there's reason for optimism. With growing public awareness, privacy-focused tech, and new reform legislation finally on the table, change might be within reach. If you thought your bank account was your business, think again—this episode will make you see it in a whole new light. Show Notes: Norbert Michel and Jennifer J. Schulp, "Revising the Bank Secrecy Act to Protect Privacy and Deter Criminals" Policy Analysis No. 932, July 26, 2022 Nicholas Anthony, "The Right to Financial Privacy" Policy Analysis No. 945, May 2, 2023 Norbert Michel, "The Bank Secrecy Act Is a Bigger Threat than FISA" Forbes, April 17, 2024 Nicholas Anthony and Naomi Brockwell, "The Illusion of Financial Privacy" Reason.com, May 30, 2024 Hosted on Acast. See acast.com/privacy for more information.

In this episode, Cato Institute's Scott Lincicome and Adam Michel dive deep into the sweeping new legislation—dubbed "The One Big Beautiful Bill"—moving through Congress. They break down what’s at stake as key provisions of the 2017 tax reform are set to expire, unpack the bill’s complex mix of tax cuts, new carve-outs, and industrial subsidies, and examine why temporary tax policy and policy uncertainty could derail economic growth. Plus, they confront the fiscal fiction behind tariffs as a reliable revenue source and make the case for a cleaner, more permanent pro-growth tax system. If you're looking for a sharp, honest take on where tax and trade policy stand in 2025—and where they should go—this one’s for you. Show Notes: Adam Michel, "Republicans’ One, Big, Beautiful Tax Bill Needs a Makeover" Cato.org, May 14, 2025 Adam Michel, "Four Things the Senate Can Do to Improve the House Tax Bill" Cato.org, May 22, 2025 Scott Lincicome, "Republicans Can’t Pay for Their Tax Cuts with Fantasy Revenue Sources" The Washington Post, May 27, 2025 Scott Lincicome, "Trump’s Latest Tariff Idea Is Dangerously Foolish" The Dispatch, June 19, 2025 Adam Michel, "Senate Big Beautiful Bill: More Growth, More Subsidies, More Debt" Cato.org, June 30th, 2025 Hosted on Acast. See acast.com/privacy for more information.

Starting July 1, we’ll be trying some new things on this feed, starting with conversations between Cato Institute scholars. We hope you’ll join us. Please consider listening to some of our other podcasts on cato.org/podcast. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. An engineer and brewer thought he would take up home distilling as a hobby, but he then learned it’s a federal crime. In Ream v. U.S. Department of Treasury, he’s fighting back. The Buckeye Institute’s Robert Alt explains. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. The housing crunch affects so many parts of the country. In Arizona, it’s harder to build than you might think. Leo Biasiucci is the Republican majority whip of the state’s House of Representatives. We talked about how best to advance flexibility for new housing. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. The people who write the rules under which we must live generally ought to be subject to accountability from voters. That’s not a controversial proposition, but how it works in practice is more complicated. Daniel Dew of the Pacific Legal Foundation comments. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. What happens when public university officials violate your free speech rights? Often, they get qualified immunity, thus shielding them from the consequences of those actions. Casey Mattox with Americans for Prosperity comments. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Psychedelics have powerful impacts on the human mind, and researchers are finding new ways to use those drugs to help people overcome mental difficulties. Do they also herald a new freedom of thought? Mason Marks of the Petrie-Flom Center comments. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Impeachment isn’t a dirty word. Gene Healy explains why Congress should consider it more often. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Textiles are everywhere, and before the Industrial Revolution, even tiny advances in textile development had massive ripple effects. Virginia Postrel traces this amazing history in The Fabric of Civilization: How Textiles Made the World. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Religious charter schools may grow in the coming years, but it’s not clear what the benefits are to the schools or religious institutions that would run them. Neal McCluskey comments. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. The world lost the great civil libertarian, journalist, and Cato scholar Nat Hentoff last week. Scott Bullock comments on his several legacies. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. What should the U.S. do to adjust to China’s rise? Tariffs and shattering the global trading system aren’t the answer, according to Scott Lincicome. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Cato Executive Vice President David Boaz answers a few questions about and related to his new book, The Libertarian Mind. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Parents might embrace their children’s independence, but how much support do those parents have in the form of local infrastructure? Andrea Keith of Let Grow explains. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Rights precede government. That’s the core of the American founding, and George F. Will argues that it’s worth preserving. His new book is The Conservative Sensibility. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. “Denial” is the single word that the Reason Foundation’s Peter Constant uses to describe the attitude many state governments have taken toward pension finance problems. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Civil disobedience over victimless crimes may be encouraged under an idea by author Charles Murray. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Ben Cohen and Jerry Greenfield are the icons better known for Ben and Jerry’s ice cream. Now they’re focusing their notoriety on ending qualified immunity. Ben, Jerry, and Cato’s Jay Schweikert comment on the campaign to end the powerful, court-invented doctrine that shields public officials from accountability. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. “Fusionism,” something of an ideological nonaggression pact between libertarians and conservatives, has fallen on hard times. Can it be reborn? Stephanie Slade of Reason discusses her new article on the subject. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. In presenting the Milton Friedman Prize for Advancing Liberty to Danish newspaper editor Flemming Rose, former ACLU president Nadine Strossen discusses the importance of unfettered freedom of speech. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Libertarianism — the philosophy of personal and economic freedom — has deep roots in Western civilization and in American history, and it’s growing stronger. Cato Institute Executive Vice President David Boaz talks about the renewed appetite for smaller government and more freedom. The Libertarian Mind: A Manifesto for Freedom by David Boaz Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Discussions of qualified immunity focus almost exclusively on police. What about when public school administrators clearly violate the rights of students? Should parents of those children be able to hold administrators accountable in civil court? Chris Kemmitt is the deputy director of the NAACP Legal Defense Fund. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. What’s the best path forward to end cannabis prohibition without loading it up with needless federal regulation? Jim Higdon is the co-founder of Cornbread Hemp and an advocate for an end to cannabis prohibition. He says the Farm Bill is the key. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. In assessing the legacy of Mitch McConnell as a Republican leader in the U.S. Senate, it’s important to include his large role in radically reducing the regulation of Americans’ political speech. Cato’s John Samples explains. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Civil disobedience may be the only avenue left for millions of Americans who just want to go about their business undisturbed. Charles Murray explains his dangerous idea in the new book, By the People: Rebuilding Liberty without Permission. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Don’t talk to the police, even if you want to help them solve a crime. James Duane says that’s the advice police and lawyers give their own children. He explains why in his new book, You Have the Right to Remain Innocent. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. The freedom to trade is morally good. Congress has sadly delegated many of its powers over trade to the White House. That poses particular risks today. Senator Rand Paul (R‑KY) discusses his efforts at reclaiming legislative power over trade. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. As many voters are licking their wounds after failing to elect the first female U.S. President, Anthony Comegna talks about how the important historical role of women on behalf of liberty is more than mere interactions with the state. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Why have five or more children? Hannah’s Children: The Women Quietly Defying the Birth Dearth by Catherine Pakaluk details the stories and reasoning of dozens of women who have gone well beyond replacement-level fertility. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners. In the long history of the ebb and flow of liberty, some examples stand out. Jim Otteson of Wake Forest University offered a few of those examples at Cato Club 200. Hosted on Acast. See acast.com/privacy for more information.

Caleb O. Brown has hosted the Cato Daily Podcast since 2007, CatoAudio since 2008, and all told has created several thousand interviews, videos, and other pieces for the Cato Institute. On his final episode, he is interviewed by Cato's Deirdre McCloskey about the art of the interview and his pending move to head Kentucky’s Bluegrass Institute. Hosted on Acast. See acast.com/privacy for more information.

It should come as no surprise to learn that when some people in the US are targeted for their speech, it does no service to your right to speak freely. David Bier and Tommy Berry explain why immigration crackdowns triggered by speech are so dangerous. Hosted on Acast. See acast.com/privacy for more information.

El Salvador is receiving prisoners snatched by the US federal government. The Supreme Court has ordered the Trump administration to "facilitate" the return of one prisoner. Ilya Somin details some of the more troubling aspects of this struggle. We spoke April 11, 2025. Hosted on Acast. See acast.com/privacy for more information.

Meta's trial for alleged monopolistic practices could change how mergers get done and if they get done. Cato's Jennifer Huddleston and CEI's Alex Reinauer comment. Hosted on Acast. See acast.com/privacy for more information.

The so-called "Liberation Day" tariffs use emergency powers from a statute that makes no mention of tariffs. Ilya Somin explains why that's one reason the tariffs are on shaky legal/constitutional ground and why a new lawsuit is challenging them. Hosted on Acast. See acast.com/privacy for more information.

Federal withholding may among the most insidious of government policies. It hides the full scale of what government takes from us, and makes you feel like you're getting a bonus when you get your own money back. Cato’s Adam Michel makes the case. Hosted on Acast. See acast.com/privacy for more information.

Cato's Adam Michel ran a bracket of the worst offenders among "tax expenditures," or special benefits for some taxpayers. Turns out people like their own tax benefits and dislike the ones that benefit someone else. Hosted on Acast. See acast.com/privacy for more information.

The case for tariffs hinges critically on a misunderstanding of the relevant data. Contrary to the claims from the President and Vice President, free trade has substantially enriched most Americans. Cato's Norbert Michel counters the false rhetoric. Hosted on Acast. See acast.com/privacy for more information.

The arguments for tariffs lack the kind of useful perspective provided by a basic economics course. Cato's Colin Grabow picks them apart. Hosted on Acast. See acast.com/privacy for more information.

The tariff policies dubiously adopted by President Trump have echoes of previous authoritarian governments. Ian Vasquez explains. Hosted on Acast. See acast.com/privacy for more information.

There are several errors, misconceptions, and confusing assumptions that went into the creation of Donald Trump's new wealth-destroying tariff regime. Scott Lincicome explains a few of them. Hosted on Acast. See acast.com/privacy for more information.

The Federal Reserve can blunt the impact of a good deal of politically driven economic mischief. What about the new punitive tariff regime from the President? Jai Kedia suggests that you not get your hopes up. Hosted on Acast. See acast.com/privacy for more information.

With respect to the substantial federal power to repress and surveil Americans, how did we get here? Patrick Eddington provides the first part of the story in The Triumph of Fear: Domestic Surveillance and Political Repression from McKinley Through Eisenhower. Hosted on Acast. See acast.com/privacy for more information.

Big energy facilities make the grid more stable, but rooftop solar reduces the need for those plants. Regulators have a hard time negotiating the tension. Economist Lynne Kiesling comments. Hosted on Acast. See acast.com/privacy for more information.

History can be a weapon. Obscuring inconvenient history can be a weapon. And Left and Right are both guilty of it. Phil Magness provides some helpful examples. Hosted on Acast. See acast.com/privacy for more information.

It's become easier to hate those with whom we disagree on matters of policy and politics, and our ideological tribes insulate us from thoughtful challenge. Andrew Heaton hopes to help you navigate a coarsening culture with his book, Tribalism is Dumb. Hosted on Acast. See acast.com/privacy for more information.

Government-administered aid to the poor is routinely wasted. Many well-intended charitable programs undermine self-determination and fail to restore dignity. James Whitford discusses a new way to think about poverty and its alleviation in The Crisis of Dependency. Hosted on Acast. See acast.com/privacy for more information.

Several states have recently moved ahead with recognizing occupational licenses issued elsewhere. Ed Timmons explains what it means for employment, worker mobility, and consumer welfare. Hosted on Acast. See acast.com/privacy for more information.

Ending the US Department of Education is an important policy goal that appears closer than ever, and it should occur both within the bounds of the US Constitution and as soon as possible. Tommy Berry and Neal McCluskey comment. Hosted on Acast. See acast.com/privacy for more information.

A late change by President Biden in how alcohol is treated in dietary guidance will mean more finger wagging from health officials. The change highlights the problem of government health advice. Eric Boehm of Reason and Cato's Jeff Singer comment. Hosted on Acast. See acast.com/privacy for more information.

Under the guise of targeting illegal immigration, the Trump administration is moving to curtail Americans' financial privacy even further. Nick Anthony explains how. Hosted on Acast. See acast.com/privacy for more information.

They’re not real courtrooms, of course, but administrative courts are being used in the context of immigration. What is their role in adjudicating immigration issues? David Bier and Will Yeatman comment. Hosted on Acast. See acast.com/privacy for more information.

Pharmacists regularly help patients navigate both prescriptions and physicians’ advice, but they can do more. A few states have begun to recognize their capabilities that have otherwise largely gone untapped. Alicia Plemmons of the Knee Regulatory Research Center comments. Hosted on Acast. See acast.com/privacy for more information.

Trump's use of the Alien Enemies Act to whisk alleged gang members to an El Salvador prison should not be allowed to stand for a variety of reasons. Ilya Somin explains why it might put Americans at risk. Hosted on Acast. See acast.com/privacy for more information.

The federal government’s security resources should be allocated to the most efficient means of reducing the costs of terrorism. Alex Nowrasteh details a new paper. Hosted on Acast. See acast.com/privacy for more information.

President Trump has issued executive orders targeting law firms that have represented his opponents in court. It strikes at the heart of several constitutional protections. Walter Olson and Mike Fox comment. Hosted on Acast. See acast.com/privacy for more information.

The Trump tariffs are bad enough, but the uncertainty surrounding trade policy is making everything much worse. Scott Lincicome explains. Hosted on Acast. See acast.com/privacy for more information.

Legislative attempts to compel price transparency from health care providers ignores an important factor: Price transparency emerges naturally from well-functioning markets. Michael Cannon explains. Hosted on Acast. See acast.com/privacy for more information.

Donald Trump created a "faith office" to protect religious liberty and a DOJ task force to combat anti-Christian discrimination, but his immigration policy leaves foreign Christians facing persecution without a way to escape to the US. David Bier explains. Hosted on Acast. See acast.com/privacy for more information.

When a prisoner accuses a prison official of sexual abuse, what do courts owe him? In Perttu v. Richards, the Supreme Court will weigh in. Cato's Mike Fox comments. Hosted on Acast. See acast.com/privacy for more information.

The Inflation Reduction Act didn't do much to stem inflation, but it did commit taxpayers to decades of special handouts for preferred technologies. Cato's Travis Fisher and Joshua Loucks discuss their new paper describing the budgetary impact. Hosted on Acast. See acast.com/privacy for more information.

Capping credit card interest would punish less creditworthy people and breed new life into the ranks of more unsavory lenders. Nick Anthony and Norbert Michel comment on the new proposal from Senators Sanders and Hawley. Hosted on Acast. See acast.com/privacy for more information.

The tariff policies preferred by President Trump will be a "disaster" for the United States according to Republican Senator Rand Paul of Kentucky. We discussed trade, tariffs, and his hope to make spending cuts identified by DOGE permanent. Hosted on Acast. See acast.com/privacy for more information.

The feds spend too much. It doesn't appear the Republican-controlled U.S. House is doing much about it. Romina Boccia explains. Hosted on Acast. See acast.com/privacy for more information.

In Europe, Vice President J.D. Vance issued speech-threatening and trade-restricting demands for future American AI systems. Matt Mittlesteadt comments. Hosted on Acast. See acast.com/privacy for more information.

“Corporate welfare” programs burden taxpayers and undermine economic growth. Chris Edwards has identified $181-billion in these useless subsidies. Hosted on Acast. See acast.com/privacy for more information.

The Federal Trade Commission appears to be preparing multiple lines of attack against the autonomy of big tech firms in the name of cracking down on content moderation. Why? David Inserra and Jenniffer Huddleston comments. Hosted on Acast. See acast.com/privacy for more information.

The House Un-American Activities Committee marks a dark chapter for Congress. In targeting some advocacy groups for scrutiny, is HUAC making a comeback? Patrick Eddington comments. Hosted on Acast. See acast.com/privacy for more information.

In Modern Libertarianism, the new book from Libertarianism.org, Brian Doherty details the people and groups that defined libertarian thinking and advocacy in the 20th century. Hosted on Acast. See acast.com/privacy for more information.

The popular narrative that American workers' job prospects improve when illegal immigrants are deported deserves more scrutiny. Scott Lincicome explains. Hosted on Acast. See acast.com/privacy for more information.

When police lean on medical professionals to violate their oaths, there is good news about how seriously those professionals take that pledge. Jeff Singer and Mike Fox comment. Hosted on Acast. See acast.com/privacy for more information.

There are many examples of governments using racial categories in nefarious ways, and the upside for cataloging people by race seems vanishingly small. Cato's John Early explains. Hosted on Acast. See acast.com/privacy for more information.

Patrick Eddington details some of the missed opportunities and looming issues relating to President Trump's executive order on firearms. Hosted on Acast. See acast.com/privacy for more information.

The feds want millions of businesses and other corporations to turn over sensitive information so they can snoop for evidence of crimes. It’s an affront to financial privacy, anonymous association, and other liberties. The requirement is laid out in the Corporate Transparency Act, now the subject of litgation at the Fifth Circuit. Caleb Kruckenberg represents the Texas Top Cop Shop and others in the case. Hosted on Acast. See acast.com/privacy for more information.

Lawmakers wouldn't truly change current federal fentanyl policy with the HALT Fentanyl Act; they'd simply continue a framework that has failed over the past seven years to stop sellers of illicit fentanyl from meeting market demand. Jeff Singer explains. Hosted on Acast. See acast.com/privacy for more information.

Immigrants consumed 21 percent less welfare and entitlement benefits than native-born Americans on a per capita basis in 2022. Alex Nowrasteh explains why in a new paper. Hosted on Acast. See acast.com/privacy for more information.

The Department of Government Efficency, such as it is, can't really do much to cut government without Congressional approval. Gene Healy discusses what a more serious approach to spending and regulatory reform will have to entail.   Hosted on Acast. See acast.com/privacy for more information.

Some of what is implicated by President Trump's executive orders in the realm of education simply can't happen without Congress. Neal McCluskey breaks down what's in them. Hosted on Acast. See acast.com/privacy for more information.

It's hard to function without a bank account, which is why "debanking" disfavored people and groups works so well. Nicholas Anthony explains how the feds encourage it, and how it can be used to punish ideological opponents. Hosted on Acast. See acast.com/privacy for more information.

The long and winding supply chains inherent in auto manufacturing face signifcant threats from presidentially imposed tariffs. Reporter Christopher Otts at The Wall Street Journal discusses the impact on car prices and manufacturers decisions. Hosted on Acast. See acast.com/privacy for more information.

The American housing crunch demands some state-level legislative reform. Christian Britschgi of Reason identifies a few bright spots in state efforts to get government out of the way of housing creation.   Hosted on Acast. See acast.com/privacy for more information.

Even the credible threat of a tariff can make businesses rethink their currently profitable trading relationships. Brian Albrecht of the International Center for Law & Economics evaluates the current tariff threats and how it may impact business decisions. Hosted on Acast. See acast.com/privacy for more information.

The difference between prostitution and sex trafficking should be clear, but thinking among law enforcement and lawmakers seems to blur the distinction at every turn. Elizabeth Nolan Brown of Reason details the implications of Commonwealth v. Garafalo, a case in Massachusetts that may ultimately define all sex work as sex trafficking. Hosted on Acast. See acast.com/privacy for more information.

The EPA routinely uses punitive regulation on local water systems, and the costs are sometimes crippling for local governments. The benefits are less than clear. The Manhattan Institute's Judge Glock makes a case for ending federal control over municipal water systems just as a new fight over water fluoridation is set to emerge. Hosted on Acast. See acast.com/privacy for more information.

The White House is asserting the ability to defy longstanding legal and constitutional rules. It's almost certainly not an accident. Walter Olson comments. Hosted on Acast. See acast.com/privacy for more information.

Financial regulation comes in many forms, and freeing Americans from the most pernicious ones should be a high priority for Congress. Jennifer Schulp and Norbert Michel explain where to start.   Hosted on Acast. See acast.com/privacy for more information.

Drugs like Ozempic show potential to help those with addiction with little downside risk. How quickly can their availability be expanded? Nicholas Reville of CASPR makes his case. Hosted on Acast. See acast.com/privacy for more information.

What does a Christian theology consistent with liberal values and institutions look like? Jonathan Rauch suggests something has gone wrong in communities of faith in the US, and hopes for a reckoning in Cross Purposes: Christianity's Broken Bargain with Democracy. Hosted on Acast. See acast.com/privacy for more information.

If you are a libertarian, odds are good that you started with a particular writer or thinker. Political philosopher Matt Zwolinski suggests you read more broadly before committing yourself to one particular vision for libertarian society. Hosted on Acast. See acast.com/privacy for more information.

Did Facebook roll over for the Trump administration? Content moderation at scale is incredibly difficult, and the company will be criticized no matter what it does. David Inserra and John Samples discuss the state of play. Hosted on Acast. See acast.com/privacy for more information.

Republicans often talk tough when it comes to illegal immigration, but dramatically reducing legal immigration is key to the Trump agenda, and that fact makes the oft-repeated "just immigrate legally" canard fall apart. David Bier explains. Hosted on Acast. See acast.com/privacy for more information.

There are multiple ways to end the Department of Education. The method chosen matters. Neal McCluskey explains why. Hosted on Acast. See acast.com/privacy for more information.

Are Trump threats aimed at Canada and Denmark (over Greenland) anything more than bluster? Cato's Doug Bandow and Clark Packard talk about the implications for trade and foreign relations. Hosted on Acast. See acast.com/privacy for more information.

US Presidents past and present have abused the constitutional pardon power, but the abuses of that power in just the last week by Presidents Biden and Trump should get special scrutiny. Clark Neily explains. Hosted on Acast. See acast.com/privacy for more information.

The three delivery systems for nuclear weapons deserve a reassessment. Eric Gomez explains. Hosted on Acast. See acast.com/privacy for more information.

Should the US presidency be replaced with a prime minister? Adam Gurri of Liberal Currents entertains the idea. Hosted on Acast. See acast.com/privacy for more information.

The Supreme Court today said it will allow a federal order for TikTok to end its availability in the US. Cato’s Tommy Berry and David Inserra evaluate the court's opinion and detail possible repercussions for tech and free speech. Hosted on Acast. See acast.com/privacy for more information.

California wildfires are not yet fully contained, and the policy choices that led to the death and destruction deserve examination. Cato's Ryan Bourne and Steve Slivinski break down how California can improve as it rebuilds. Hosted on Acast. See acast.com/privacy for more information.

The divest-or-ban order deadline for the social media app, TikTok, is just days away. SCOTUS may weigh in at any time. Jennifer Huddleston and Tommy Berry evaluate the oral argument. Hosted on Acast. See acast.com/privacy for more information.

As state legislatures get back to work, where are the best opportunities for getting government out of the way of civil society? Steve Slivinski has a rundown.   Hosted on Acast. See acast.com/privacy for more information.

Will spending by 'dark money' groups face more restrictions from Congress? Luke Wachob of People United for Privacy believes it may depend on how politically threatened incumbents feel by that kind of speech. Hosted on Acast. See acast.com/privacy for more information.

Your lack of wealth shouldn't limit your investment options, but the SEC has for decades actively prevented lower-wealth Americans from making certain investments. Nick Morgan of the Investor Choice Advocates Network and Cato's Jennifer Schulp explain. Hosted on Acast. See acast.com/privacy for more information.

The housing market needs less government intervention, both in terms of zoning and building codes that add enormously to construction costs. Emily Hamilton of the Mercatus Center comments. Hosted on Acast. See acast.com/privacy for more information.

On the campaign trail, Donald Trump said that his political rivals should be prosecuted. Now, his appointees will head the Justice Department and other federal law enforcement agencies. Clark Neily discusses the potential turnabout in the use of federal law enforcement’s coercive tactics. Hosted on Acast. See acast.com/privacy for more information.