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[ More Commentary ]
"Obama Proposes Eliminating Medicare Advantage, Ousting 9 Million Seniors from Their Health Plans"
by Michael F. Cannon
"Obama Meets Calderón"
by Juan Carlos Hidalgo
"Obama, Entitlements, and Political Courage"
by Michael D. Tanner
Science or Science Fiction?
A widely discussed study in the January 9 issue of Science argues that global warming is likely to cause serious food shortages for half the world's population. Cato scholar Patrick J. Michaels, co-author of the new book, Climate of Extremes, contends that the study amounts to "pretty bad science fiction." "The paper is long on scariness and very short on facts," says Michaels. "It assumes that projected temperature changes will have such detrimental effects because there's no economic incentive to adapt to the slow climate change that takes place over a century."
- Climate of Extremes, by Patrick J. Michaels and Robert C. Balling, Jr.
- Additional Cato work on global warming
Examining Obama's Stimulus Plan
President-elect Barack Obama has urged Congress to take "dramatic action" on his economic aid package as soon as possible. The bill is expected to total as much as $775 billion in spending increases and temporary tax cuts. Cato scholar Daniel J. Mitchell comments, "Economic growth occurs when there is an increase in national income, not a redistribution of national income. ...[M]arginal tax rates on work, saving, and investment are the best short-term and long-term strategy for faster growth."
- Daniel J. Mitchell discusses Obama's economic plan on NBC
- "$1.2 Trillion Deficit," by Chris Edwards
- "The Fallacy That Government Creates Jobs," by Daniel J. Mitchell
- "What Is Economic Stimulus?," by Richard W. Rahn
Latest Regulation Looks at the "Financial Freeze"
In the current issue of Regulation, Dwight M. Jaffee develops a framework and offers a proposal for the reform of Fannie Mae and Freddie Mac. In the same issue, Stephen M. Bainbridge considers whether investor activism will change corporate governance and benefit shareholders. Also, Jonathan H. Adler wonders "Will global warming force us to adopt sensible resource policies?"
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NEW BOOKS
Climate of Extremes
An in-depth look at consistent, solid science on the other side of the gloom-and-doom global warming story that is rarely reported and pushed aside: that global warming is likely to be modest, and there is no apocalypse on the horizon.
Gun Control on Trial
With exclusive behind-the-scenes access, the book delves into the monumental Heller case—where the Supreme Court ruled that individual citizens have the constitutional right to possess guns—to provide a compelling look at the inside stories of the forces that fought for and against the Second Amendment.
Global Tax Revolution
In the increasingly integrated global economy, nations are waging a battle between governments to attract investment and skilled workers by overhauling their tax codes to create a more attractive business environment. The authors challenge the U.S. government to lead the tax competition battle in the international marketplace.
SUBSCRIPTIONS
From audio recordings of the best of Cato's events to articles by world-class experts, CatoAudio, Regulation and Cato Journal offer an amazing range of quality news and analysis.