Cato Podcast

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.