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Cato Institute

Podcast of policy and book forums, Capitol Hill briefings and other events from the Cato Institute
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Cato Event Podcast

Trade between belligerents during wartime should not occur. After all, exchanged goods might help enemies secure the upper hand on the battlefield. Yet as history shows, states rarely choose either war or trade. In fact, they frequently engage in both at the same time.

To explain why states trade with their enemies, Mariya Grinberg examines the wartime commercial policies of major powers during several conflicts in her book Trade in War. Grinberg reveals that economic cooperation can thrive even in the most hostile of times and argues that economic ties between states may be insufficient to stave off war.

Join Grinberg and Henry Farrell, with Joshua Shifrinson as moderator, for a discussion on trade during wartime and what it means for statecraft.

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Trade in War: Economic Cooperation across Enemy Lines

Join us for a special event and live recording of Conversations with Tyler to celebrate the launch of False Dawn: The New Deal and the Promise of Recovery, 1933–1947, the highly anticipated new book by economist George Selgin.

In this groundbreaking history, Selgin examines the United States’ long and difficult road to recovery from the Great Depression—and the real legacy of the New Deal. Drawing on contemporary sources and cutting-edge economic research, Selgin challenges the conventional narratives and offers a compelling reassessment of one of the most transformative periods in American economic history.

Was the New Deal a bold success or a costly detour? What truly ended the Great Depression—and what lessons can we draw for today? Don’t miss this opportunity to hear directly from the author as he discusses his insights and the implications for economic policy and historical understanding.

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False Dawn: The New Deal and the Promise of Recovery, 1933–1947

The United States faces the depletion of Social Security’s trust fund in 2033, making it imperative for policymakers to pursue practical reform options that balance fiscal sustainability with preserving individual liberty. Emily and Romina recently teamed up on a national survey to better understand how Americans think about Social Security and to inform Romina’s work. Their findings are striking: More than half of Americans don’t know how Social Security is funded, and nearly one in four mistakenly believe they have a personal account set aside for them. These misconceptions present a real challenge—but also an opportunity—to engage the public more effectively and build momentum for meaningful reform. Emily and Romina discuss the survey’s findings with Romina’s reform work in her new book, Reimagining Social Security, and explore the implications for policy, politics, and the next generation of retirees.
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Cato Club Connects: September 24, 2025

Cato’s annual Constitution Day symposium marks the day in 1787 that the Constitutional Convention finished drafting the US Constitution. We celebrate that event each year with the release of the new issue of the Cato Supreme Court Review and with a day-long symposium featuring noted scholars discussing the recently concluded Supreme Court terms and the important upcoming cases.

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Annual B. Kenneth Simon Lecture

Panel IV: Looking Ahead: October Term 2025

Panel III: Bill of Rights

Cato’s annual Constitution Day symposium marks the day in 1787 that the Constitutional Convention finished drafting the US Constitution. We celebrate that event each year with the release of the new issue of the Cato Supreme Court Review and with a day-long symposium featuring noted scholars discussing the recently concluded Supreme Court terms and the important upcoming cases.
 Hosted on Acast. See acast.com/privacy for more information.

Panel II: Suing the Government

Panel I: Administrative Law

Noncontiguous states and territories are disproportionally harmed by the Jones Act’s restrictions on shipping competition. Rooted in 18th-century protectionism, the law significantly increases the cost of water transportation for these shipping-dependent parts of the country when trading with each other and the US mainland. Beyond these economic costs, the Jones Act has also proven to be ineffective in meeting the country’s national security needs amidst a collapse in shipbuilding, a declining fleet, and a shortage of mariners. There is a growing and bipartisan recognition among policymakers that an overhaul of US maritime policy is sorely needed to meet the country’s economic and national security needs. 

This policy forum will feature Representative Ed Case (D‑HI) and Representative James Moylan (R‑GU) along with the Cato Institute’s Colin Grabow to discuss the Jones Act’s broader economic costs, national security implications, and possible reforms.

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Assessing the Jones Act: Perspectives from the Noncontiguous States and Territories

Financial markets are some of the most heavily regulated markets in the United States. Firms and individuals that wish to engage in financial services–related businesses face complex regulatory regimes that are overseen by a web of agencies that includes, on the federal level, several banking regulators, two markets regulators, and a consumer protection regulator. But the regulation doesn’t end there, as a host of other agencies, including state-level regulators and self-regulatory organizations, may also have oversight responsibilities. As attention has turned to ideas of government efficiency, financial regulation should not be left out of the conversation. But how should we right-size financial regulation?

Our conference seeks to shed light on this question by asking: How many financial regulators is the right number? What should the balance be between federal and state financial regulation? Should the Federal Reserve shed its regulatory functions? Has federal intervention in housing finance gone too far?

Join us at Cato’s Center for Monetary and Financial Alternatives annual conference for an outstanding program featuring leading policymakers and experts discussing how to right-size financial regulation.

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The Federal Reserve as a Financial Regulator

From the founding of the republic through the early 1930s, Congress set tariff rates through legislative revisions to the US tariff schedule. Low tariffs were initially imposed to raise revenue for the federal government, but tariffs became a tool to protect domestic producers from foreign competition. Today, Congress has broadly delegated its constitutional tariff powers to the president, and there is a real risk that the legislative and judicial branches would be unwilling or unable to check a future president’s abuse of US trade law as currently written.

In a recent briefing paper titled “Presidential Tariff Powers and the Need for Reform,” Cato scholars examine the current laws that might allow the president to impose broad tariffs without congressional input, as well as the reform options available to Congress for restoring balance between the legislative and executive branches.

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Presidential Tariff Powers and the Need for Reform

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