Cato Institute

Evaluating the Welfare Effects of Drug Advertising

W. David Bradford and Andrew N. Kleit
April 1, 2006

In this essa in Regulation, the authors contend that the Food and Drug Administration changed the rules for the broadcast of direct-to-consumer advertising of prescription drugs.

Against the New Paternalism: Internalities and the Economics of Self-Control

Glen Williams
February 22, 2006

In this Policy Analysis, the author writes that eonomists have long argued that government intervention makes most sense in situations that involve externalities.

Avoiding Medicare's Pharmaceutical Trap

Doug Bandow
November 30, 2005

In this Policy Analysis, Doug Bandow asserts that the Medicare drug benefit will soon set a dangerous trap.

A Desire Names Streetcar: How Federal Subsidies Encourage Wasteful Local Transit Systems

Randal O'Toole
January 5, 2006

In this Policy Analysis, transit expert Randal O'Toole writes that, the nation’s mass transit system is a classic example of how special interests prevail over the needs and interests of voters and

KidSave: Real Problem, Wrong Solution

Jagadeesh Gokhale and Michael D. Tanner
January 24, 2006

In this Policy Analysis, the authors argue that there is growing bipartisan recognition that the pathway out of poverty is not through consumption but through saving and accumulation.

Economic Amnesia: The Case against Oil Price Controls and Windfall Profit Taxes

Jerry Taylor and Peter Van Doren
January 12, 2006

In this Policy Analysis, the authors write that the recent rise in gasoline prices has led many observers to call for government price controls and special taxes on oil companies.

The Birth of the Property Rights Movement

Steven J. Eagle
December 15, 2005

In this Policy Analysis, the author contends that over the past century, Americans who own property—homeowners, landlords, businesspeople of all kinds, even nonprofit organizations such as churches

Uncompetitive Elections and the American Political System

Patrick Vasham and Dennis Polhill
June 30, 2005

In this Policy Analysis, the authors argues that American representative government suffers from the handicap of a largely uncompetitive political system.

No Child Left Behind: The Dangers of Centralized Education Policy

Lawrence A. Uzzell
May 31, 2005

In this Policy Analysis, the authors writes that the No Child Left Behind Act (NCLB) directly contradicts the principles of an “ownership society,” which the administration is promoting in areas su

The Grand Old Spending Party: How Republicans Became Big Spenders

May 3, 2005

In this Policy Analysis for CATO, the author contends that President Bush has presided over the largest overall increase in inflation-adjusted federal spending since Lyndon B. Johnson.

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