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Cato Institute

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.
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Cato Daily Podcast

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.
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Social Security’s Popularity Problem

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.
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The Global Freedom Slump

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.
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Better Care for Billions Less: Fixing Medicaid’s Long-Term Care Incentives

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.
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Strategy Without Strategy: Inside the New NSS

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.
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Repeal Day: Alcohol Prohibition and the Hypocrisy of the Drug War

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.
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NIH's Lost Mission

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.
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Superabundance at Thanksgiving

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.
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Energy Realism: Climate Policy Meets Actual Economics

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.
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The Disaster Aid System: How FEMA Rewards Risk

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.
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The Shutdown That Solved Nothing

Bitcoin's turbulent times have been driven in part by technical considerations and government attempts to crack down on the cryptocurrency. Will Luther, a professor of economics at Kenyon College, comments.
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The New Attempts to Restrict Bitcoin

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