Cato Institute
Recent News About Cato Institute
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Fiscal expert fears Illinois could follow in Puerto Rico's financial missteps
Cato Institute fellow Ike Brannon fears Illinois could be one bad recession away from turning into the Puerto Rico of the Midwest.
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Possible federal bailout, Illinois Constitution change predicted
Ike Brannon is sounding the alarm about Illinois' future in a financial crisis.
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Food stamp 'block grants' could be on the table
Returning Illinois state officials might soon have more control of the federally funded food stamps program if the GOP-controlled U.S. Congress gets its way.
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Cato Institute fellow: 'Fiscal sword of Damocles' hangs over Illinois
The Cato Institute economist who recently said Illinois has entered a death spiral admitted on a recent Chicago-based radio show that his statement is hyperbole — but not by much.
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Support for 'block granting' food stamps continues to grow
Republican control of Washington, D.C. in 2017 means returning Illinois state officials may soon have more control of the federally-funded food stamps program.
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Some say replace social-welfare system with 'basic income' model
With the current welfare system falling apart, it may be time to look at the possibility of a basic income for every American, a concept that has been championed by well-known economists and political scientists of the past and present, including Milton Friedman, Friedrich Hayek and Charles Murray.