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Cato Podcast

Author: Cato Institute

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Each week on Cato Podcast, leading scholars and policymakers from the Cato Institute delve into the big ideas shaping our world: individual liberty, limited government, free markets, and peace. Whether unpacking current events, debating civil liberties, exploring technological innovation, or tracing the history of classical liberal thought, we promise insightful analysis grounded in rigorous research and Cato’s signature libertarian perspective.

Hosted on Acast. See acast.com/privacy for more information.

4785 Episodes
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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.
The Global Freedom Slump

The Global Freedom Slump

2025-12-1635:581

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.
NIH's Lost Mission

NIH's Lost Mission

2025-12-0237:15

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-wayhttps://www.cato.org/blog/why-three-cato-trade-scholars-filed-amicus-brief-us-supreme-courthttps://www.cato.org/commentary/striking-down-tariffs-wont-hurt-anybodyhttps://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, 2025Romina Boccia and Tyler Turman, "End Obamacare’s Welfare for the Wealthy COVID Credits," Cato at Liberty Blog, October 23, 2025Romina Boccia and Tyler Turman, "Welfare Digest | End the ACA Subsidies for the Well-Off," Debt Dispatch, October 22, 2025Romina Boccia and Ritvik Thakur, "Debt Digest | Remove Obamacare Regulations Instead of Extending COVID-era Credits," Debt Dispatch, October 14, 2025Romina Boccia, "Shutdown Theatrics Just Distract Us from the Real Problem: Obscene National Debt," New York Post, October 2, 2025Romina Boccia and Ritvik Thakur, "Debt Digest | Let Obamacare COVID Credits Expire," Debt Dispatch, October 2, 2025Romina Boccia, "Thoughts About the Government Shutdown," Cato at Liberty Blog, October 1, 2025Romina 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.
Peace President?

Peace President?

2025-10-1647:17

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.
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Comments (31)

Robi

Great thing is that we are moving into a world that is described in this episode. The current court isneven going towards restoring the non-delegation doctrine.

May 12th
Reply

davidtork

Zoning laws are a government "taking" of your private property rights. Local government #Tyranny #LocalGovernment #RLC

Dec 27th
Reply

Anthony Kelsick

I think it's very odd that people who make their living financing start-ups (taking considerable risk) would make the decision to keep enormous sums in one bank. Not so smart. A venture capital risk in a venture capital bank! Deposit bailout over 250K? Why not take a BIG haircut and learn a lesson? Hope the Fed has a really good answer for saving the VC's from their own mistake, Especially since they triggered the bank run in the first place!

Mar 17th
Reply

Red

Caleb Brown is such a liberal shill

Feb 13th
Reply (1)

Red

Great episode. Brilliant guests!

Mar 7th
Reply

Red

Most democrats are free trade?! What a bunch of nonsense. Dems only wanted more free trade because Trump was against free trade and the Trump Derangement Syndrome kicks in immediately. It was all politics. Both Dems and GOP don't have any principles but you only great only side of the story because of the Fake News™ media.

Jan 28th
Reply

Red

I'm surprised that Cato never made a similar episode for the BLM terrorists looting and rioting and burning down businesses. The hypocrisy is staggering.

Jan 8th
Reply

Red

What a pile of garbage. The worst thing Cato has ever produced. Tyler was a great president--one of the greatest.

Nov 25th
Reply

Efrain Molina

Damn it! https://www.youtube.com/watch?v=TkFZyXppx8s

Jun 3rd
Reply

Ragnar Ragnarson

The one HUGE elephant in the room that no-one is talking about is our hopelessly undereducated workforce. It became clear to me a few years ago that the Government is "dumbing down" the population to expand Government control to tyrannical levels. In turn this undereducated mass of morons try to get a college education, which in turn proves to be too hard for them to complete so in this hopeless cycle, the Universities "dumb down" too until, in the not too distant future, we become a defacto Third World nation controlled by an unelected and tyrannical one- party system. It is not too late however to change this. Reserve Public education for the mentally disabled and the "poorest of the poor" everyone who wants their children to succeed and compete will put them in Private Schools, Homeschooling and Religious Schools. As the population's IQ slowly goes back up again, the massive overreach of the Federal Government will retract because there will be less clients for the Government to ens

May 25th
Reply

William MWestcott

You guys are often smart or at least well thought out but this is a pathetic argument.

Apr 29th
Reply (1)

Heather Boylen

I should be able to do whatever I want as long as it doesn’t hurt someone else. If my drug use causes a problem, say I rob someone, then I should be punished. The government has no right to decide what I do with my body.

Jan 3rd
Reply

🤨

this is probably the first episode of your show where I don't completely agree. people need dissenting voice within the administration to make sure things are going on a righteous path and not be corrupted by power.

Sep 12th
Reply

🤨

This is probably one of the most kick-ass podcasts; touching so many pressing and controversial topics, yet sounding so neutral. It is often very technical, but very digestible.

Sep 6th
Reply

Linda Susan Erickson

As sympathetic as I am toward the children involved, their parents ARE to blame for breaking our laws. I do agree that the companies should face stronger penalties for hiring illegals. I am very disappointed that the commentators in this podcast do not recognize the social compact underwriting our democracy requires that people obey all laws, not just the ones they like.

Aug 12th
Reply (2)

Sean Everett

$30k-$40k for a year at Harvard? I don't think so.

Aug 8th
Reply (1)

Philip-Alexander Jach

Cato and Mises for the win! Thank you

Jan 6th
Reply

Ragnar Danneskjöld

Cato promoting UBI now? Haha.

Sep 27th
Reply

Sundar J.M. Brown

A disappointing episode. The guest said a lot while saying virtually nothing. Blabbering critical rhetoric sans evidentiary examples of policy and methodological reforms and improvememts makes for a wasted podcast. As a traditional conservative, I value Cato's Daily Podcast as a source for rational and well-informed intellectuals who speak clearly and cleanly on befuddling and messy issues. Cato is one of the very few relatively low-bias organizations who thus serve as a significant voice in these often uncomfortable, but necessary, conversations. It is absolutely critical that, whatever our position, we intentionally seek out and hear varying and opposing positions. Without multiple avenues of dialogue, we cease to grow and progress. This episode failed to provide the typically adequate+ level of engagement for which Cato has proven reliable. This was an important topic; please try again.

Sep 2nd
Reply

Baked Apple Pie 420

so how do we get out from under a 500B trade deficit then? you say this spells bad things for American workers, well how has our trade helped us the last 20 years? it's time to stand up for ourselves.

Jul 13th
Reply (6)
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