It’s Time to Dump Nonmarket Economy Treatment

Trade officials in the United States and Europe use what is called “nonmarket economy methodology” in antidumping cases against imports from China. That practice ignores the actual prices used by Chinese producers and results in unpredictable and unrealistically high antidumping duties.  In a new bulletin, Cato scholar K. William Watson debunks the myths surrounding nonmarket economy treatment and the 2016 deadline in the hopes of preventing the U.S. and EU governments from maintaining this economically harmful policy while needlessly provoking trade conflict with China.

The Candidacy of Donald Trump

Donald Trump shot to the top of Republican presidential polls on the strength of his celebrity and his hard-edged talk, and with his early primary victories, now appears firmly entrenched as the Republican frontrunner. The businessman has been long on rhetorical soundbites, but short on actual policy plans. Cato scholars try to sort it out.

Japan’s Security Evolution

Since World War II, Japan has relied upon the U.S.-Japan alliance for its national security.  In recent years, Japan has passed landmark reforms of its national security laws, and has accepted a larger role within the alliance, leading some to declare that Japan is abandoning the pacifist principles.  In a new paper, Dartmouth College professor Jennifer Lind argues that greater Japanese military activism is not surprising, nor is it a break from Japan’s postwar policy.

Unintended Consequences of Government Intervention

When policy starts with a respect for individual freedom and private property rights, and recognizes the limits of government action, then policymakers are apt to enhance markets and foster productivity. But big government and the regulatory/welfare state undermine individual responsibility, encourage rent seeking, and slow economic growth. A new, special issue of the Cato Journal considers the unintended consequences of government intervention by examining a number of public policies ranging from occupational licensing to the War on Poverty to the minimum wage and public education.

Recent Commentary

New: Spanish-language Library of Liberty

Gabriela Calderon de Burgos

Today we are pleased to launch the Spanish-language “Library of Liberty” on the Cato Institute website. The library will allow people in Latin America, Spain and beyond to have access to classic works on liberty in Spanish and in various online formats covering a range of topics including economics, law, history, philosophy and political theory.

Sanders vs. Trump on Trade

Simon Lester

Sanders is no Trump. But the way his policies treat poor foreigners–and how that appeals to some of his supporters–leaves a bad taste in my mouth.

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Of Special Note

Cornerstone of Liberty: Property Rights in 21st Century America

Cornerstone of Liberty: Property Rights in 21st Century America

Ten years after the Supreme Court’s infamous eminent domain decision, Kelo v. New London, Timothy and Christina Sanderfur’s Cornerstone of Liberty examines how dozens of new developments in courtrooms and legislatures across the country have shifted the landscape of private property rights since 2005. Through a combination of real-life stories and solid legal analysis, the authors explain how key issues like eminent domain, civil asset forfeiture, and environmental protection regulations have evolved and how they should be reformed.

Purchase your copy today

Special! 10 Copies for $10

Cato Pocket Constitution

To encourage people everywhere to better understand and appreciate the principles of government that are set forth in America’s founding documents, the Cato Institute published this pocket-size edition.

Now Available

The Libertarian Mind Audiobook

The Libertarian Mind, by David Boaz, longtime executive vice president of the Cato Institute, is the best available guide to the history, ideas, and growth of libertarianism, and is the ultimate resource for the current, burgeoning libertarian movement. This acclaimed book is now available as a fully unabridged audiobook, ready for immediate downloading, on Audible.com.

Lukewarming

The 2016 Friedman Prize: Register Now to Attend

The Milton Friedman Prize for Advancing Liberty, named in honor of perhaps the greatest champion of liberty in the 20th century, is presented every other year to an individual who has made a significant contribution to advance human freedom. Registrations are now being accepted for the 2016 Biennial Dinner, which will be held on May 25, 2016 at the Waldorf-Astoria Hotel in New York City. Nobel Prize winner Angus Deaton will be delivering the keynote address.