This week, Congress returns to looming shutdowns and a “pocket-rescission” power grab. Abroad, President Trump pushes “America First” by rebranding the Pentagon as the Department of War—and launching an airstrike on a Venezuelan cartel boat. Our panel asks what all this says about America’s fiscal sanity and its foreign-policy compass.Featuring Ryan Bourne, Gene Healy, Adam Michel, & Brandan BuckAdam N. Michel and Dominik Lett, “Reconciliation 2.0: Fix or Fiasco?,” Cato at Liberty (September 3, 2025)Romina Boccia and [co-author unspecified], “Coming Budget Debates and How Congress Should Navigate Them,” Cato at Liberty (September 2025)Brandan P. Buck, “The Lost Liberalism of America First,” Free Society (June 30, 2025)Brandan P. Buck, “The Cognitive Shift: How the Terrorist Label May Lead to Another Forever War,” Cato at Liberty (March 19, 2025) Hosted on Acast. See acast.com/privacy for more information.
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47:17
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47:17
Cato Cage Match: Monetary vs. Fiscal Policy
Norbert Michel and Dominic Lett square off over whether fiscal or monetary policy is the bigger mess. Lett highlights how entitlement programs like Social Security and Medicare are driving unsustainable debt levels, while Michel explains how post-2008 Federal Reserve changes have created risks of “fiscal dominance,” where monetary policy is increasingly shaped by government borrowing needs. Both stress that without structural reforms and political restraint, the U.S. faces uncertain and potentially catastrophic economic consequences.Show Notes:https://www.cato.org/policy-analysis/comprehensive-evaluation-policy-rate-feedback-rules#https://www.cato.org/books/crushing-capitalismhttps://www.cato.org/blog/medicaid-driving-deficits-republicans-are-scarcely-tapping-brakeshttps://www.cato.org/news-releases/senate-bill-could-increase-debt-6-trillion-cato-analysis# Hosted on Acast. See acast.com/privacy for more information.
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30:30
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30:30
First, Do No Harm
What should “public health in a free society” look like, and what limits should courts impose on executive trade powers? This week’s panel covers the shakeup at the CDC, asks whether America really needs a Surgeon General, and unpacks a blockbuster ruling from the Federal Circuit declaring most of President Trump’s global tariffs illegal.Featuring Ryan Bourne, Gene Healy, Jeffrey A. Singer, & Scott LincicomeAdam Thierer, “Breaking the Government’s Grip on the Medical Debate,” Cato at Liberty (August 28, 2025) J.A. Singer, “Unnecessary Relics,” Policy Analysis (July 2025)Thomas A. Berry, Brent Skorup, and Charles Brandt, “V.O.S. Selections, Inc. v. Trump,” Legal Briefs (July 8, 2025)Brent Skorup, Ilya Somin, and Walter Olson, “Tariffs, Emergencies, and Presidential Power: A Conversation with Ilya Somin and Walter Olson,” Multimedia Event (May 27, 2025) Hosted on Acast. See acast.com/privacy for more information.
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44:55
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44:55
Righting the Endangerment Finding
Join Cato's Alex Nowrasteh and Travis Fisher as they unpack a pivotal moment in climate policy reform. The duo explores Fisher's tenure at the Department of Energy and the groundbreaking report that could reshape the discourse on greenhouse gases.Travis Fisher, “Why I Helped Organize the Department of Energy’s Climate Report,” Cato at Liberty (August 6, 2025)Travis Fisher and Joshua Loucks, “The Budgetary Cost of the Inflation Reduction Act’s Energy Subsidies,” Policy Analysis (March 11, 2025)Patrick J. Michaels, “Cato Releases Report on EPA Endangerment Finding,” News Releases (October 31, 2012) Hosted on Acast. See acast.com/privacy for more information.
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23:32
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23:32
High-Stakes Intel
"Golden shares” at home, grand bargains abroad. In this episode, Cato scholars weigh Trump’s push for equity stakes in U.S. firms under the CHIPS Act and his effort to strike a quick deal with Putin on Ukraine. What does state capitalism at home mean for American liberty—and can deal-making diplomacy abroad actually end the U.S. entanglement in Ukraine?Featuring Ryan Bourne, Gene Healy, Norbert Michel, and Justin LoganScott Lincicome, “The government’s Intel stake is antithetical to American greatness”https://www.washingtonpost.com/opinions/2025/08/24/trump-intel-government-marketplace/Justin (and Dan Caldwell) on security guarantees: https://thefederalist.com/2025/08/26/if-ukraine-wants-security-guarantees-it-should-get-them-from-europe/Ryan Bourne, “Trump’s cronyism is quietly unravelling American capitalism,”https://www.thetimes.com/us/business/article/trumps-cronyism-is-quietly-unravelling-american-capitalism-jxlwwf7dwRyan Bourne, Industrial Policy was the Gateway Drug to Cronyism Hosted on Acast. See acast.com/privacy for more information.
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.
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