Cato Podcast

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 hea...

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 appr...

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...

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 t...

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...

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 fo...

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...

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....

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...

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, gene...

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...

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 co...

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 cuttin...

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 Aca...

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....

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, burea...

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 feder...

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 doi...

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 Con...

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 tow...

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 protect...

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 inform...

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 informatio...

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," Defens...