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A large and growing body of evidence makes it clear that the public interest is most secure when governmental institutions are inefficient decisionmakers. In a new study, author Marcus E. Ethridge argues that, by fostering gridlock, the U.S. Constitution increases the likelihood that policies will reflect broad, unorganized interests instead of the interests of narrow, organized groups.
On Wednesday, Cato released a video response to President Obama's 2011 State of the Union address featuring a panel of Cato experts. Cato scholars also live blogged the address and the response by House Budget Chairman Paul Ryan (R-Wisc). Argues Cato scholar Michael D. Tanner, "[T]he president's speech showed just how little common ground there is between two distinctly different views on the role of government. ...That is not a divide that can be bridged by civil rhetoric or rearranging congressional seating."
Cato scholar Michael F. Cannon argued recently that it's a bit premature to be talking about replacing ObamaCare. "No matter how good the Republicans' proposals are, they will be utterly ineffective so long as ObamaCare remains on the books," says Cannon. "ObamaCare's influence is so pervasive and harmful that it makes real health care reform all but impossible."
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The False Promise of Green Energy
Offers an outstanding, nearly unprecedented evaluation of claims by green energy and green jobs proponents that we can improve the economy and the environment, almost risk free, by spending billions of dollars on what are ultimately false promises.
Liberty of Contract
Examines the history of the right of individuals to bargain over the terms of their own contracts and shows how this right has been continuously diminished by court decisions and by our country's growing regulatory and welfare state.
The Right to Earn a Living
For many people, owning a business is the American dream, but attaining that dream has grown increasingly difficult due to laws and regulations that interfere with an individual's right to earn a living. This book charts the history of this fundamental right and its prospects for the future.
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