Author: Cato Institute

As President Trump pushes to unwind one proxy war—with Russia in Ukraine—he’s ramping up another in this hemisphere: ordering the Pentagon to ready battle plans against Latin American drug cartels. On our panel, Cato scholars weigh the odds of a Putin deal and the risk of replaying past drug war disasters.

Featuring Ryan Bourne, Ian Vásquez, Gene Healy, and Justin Logan

Links for Show Notes

Justin Logan, “Trump Shouldn’t Settle for European Spending Pledges,” Foreign Policy, July 25, 2025

Brandan P. Buck, “Invading Mexico Will Not Solve the Cartel Problem,” The American Conservative, December 17, 2024

Ian Vasquez, “Deregulation in Argentina: Milei Takes “Deep Chainsaw” to Bureaucracy and Red Tape,” Free Society (Spring 2025)

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In this episode, Senior Fellow in Technology Policy Jennifer Huddleston and Technology Policy Research Fellow Matthew Mittelsteadt break down the Trump administration's new AI Action Plan and what it means for American innovation. 

Matt Mittelsteadt, “The AI Action Plan: Taking AI Innovation Seriously,” Cato at Liberty (July 28, 2025)

Matt Mittelsteadt, “The Safety Risks of the Coming AI Regulatory Patchwork,” Cato at Liberty (June 24, 2025)

Jennifer Huddleston, “Content Creators, Entrepreneurial Users, and the Impact of Tech Policy,” Policy Analysis (April 29, 2025)

Jennifer Huddleston, “Is AI a Horse or a Zebra When It Comes to the First Amendment,” Cato at Liberty (July 28, 2025)

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Last week, President Trump ramped up pressure on two favorite targets: elite universities and Fed Chair Jerome Powell. In the “War on Woke U,” the administration landed a $50 million settlement from Brown—the third Ivy to cut a deal—and added Duke and UCLA to the hit list with new civil rights probes and a funding cutoff. Meanwhile, after the Fed held rates steady, Trump escalated his campaign to oust Powell, denouncing him as a “stubborn MORON” on Truth Social.

In this episode, Cato scholars break down the Art of the Forcible Deal. What risks do Trump’s pressure tactics pose for monetary stability? Will they reform broken institutions—or just deepen their politicization? And is Trump’s strongarm approach an aberration, or a preview of the modern presidency’s future?

Featuring Gene Healy, Ryan Bourne, Emily Ekins, and Jeffrey Miron

Show Notes:

• David Beckworth, “The Consolidated Government Budget Constraint Does Not Care About Your Fed Independence Feelings,” Substack (July 25, 2025)
• Ryan Bourne, “A Case for Federal Deficit Reduction,” Cato Policy Analysis no. 973 (April 18, 2024)
• Michael Chapman, “A Win for Liberty: Congress Defunds CPB, NPR, and PBS,” Cato@Liberty (July 23, 2025)
• Jeffrey A. Miron and Jacob P. Winter, “Giving Up Federal Funds Would Do Harvard Good,” Harvard Crimson (April 30, 2025)
• Norbert Michel and Jai Kedia, “A Check-In on the Fed: Why Politically Motivated Monetary Policy Is Dangerous and Counterproductive,” Cato Video (July 22, 2025)

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Peter Van Doren and David Kemp bring libertarian skepticism to the bipartisan political support for nuclear power. They analyze why regulatory reform alone may not solve nuclear's economic problems and discuss how recent U.S. projects have failed to deliver on promises of cost-effectiveness even after a supposed "renaissance" in the late 2000s. They finish up with a discussion on whether small modular reactors (SMRs) are the nuclear silver bullet.

Show Notes:

Peter Van Doren and David Kemp, Nuclear Power in the Context of Climate Change, Cato Institute Working Paper, April 27, 2023. https://www.cato.org/working-paper/nuclear-power-context-climate-change.

David Kemp and Peter Van Doren, "Would a Carbon Tax Rejuvenate Nuclear Energy?" Regulation 45, no. 3 (Fall 2022). https://www.cato.org/regulation/fall-2022/would-carbon-tax-rejuvenate-nuclear-energy.

David Kemp, "Nuclear Power’s Newest Cautionary Tale," Cato at Liberty (blog), January 23, 2024. https://www.cato.org/blog/nuclear-powers-newest-cautionary-tale.

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Cato's Clark Neily and Mike Fox give the most recent SCOTUS term a B- grade on criminal law. While they celebrate some unanimous victories like Barnes v. Felix (requiring courts to consider totality of circumstances in police use-of-force cases) and Martin v. United States (allowing federal tort claims against law enforcement), they express frustration with the Court's repeated refusal to hear cases involving the "petty offense doctrine," appellate waivers in plea bargains, and felon-in-possession gun laws—all issues with clear circuit splits that affect large numbers of people.

The episode concludes with a celebration of Fox's efforts that led to presidential pardons for John Moore and Tanner Mansell, achieving justice where the courts failed.

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Thomas A. Berry and Brent Skorup analyze five major Supreme Court cases from the recently concluded term, describing it as a "mixed bag" with more government victories than libertarians would prefer. They discuss key decisions including Free Speech Coalition v. Paxton (upholding Texas age verification requirements for adult content), Trump v. Casa Inc. (ending universal injunctions by federal judges), and several other significant rulings on transgender rights and religious liberty in schools.

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Adam Michel, Michael Cannon, and Dominik Lett break down the One Big Beautiful Bill. Is it $3.4 trillion, or actually $6 trillion? Is Medicaid getting a cut or a trim? With spending cuts pushed to later years and tax benefits front-loaded, the scholars dissect the political calculations and baseline accounting that shaped this massive piece of legislation.

Show Notes:

Michael F. Cannon, Krit Chanwong, and Dominik Lett, "Congress Must Cut and Reform Medicaid" cato.org, April 28, 2025

Domink Lett, "The Senate’s Big Beautiful Blunder Could Increase the Debt by $6 Trillion" cato.org, July 2, 2025

Adam Michel, "A Fiscal Hawk’s Defense of the GOP’s Deficit-Busting Budget Bill" cato.org, July 10, 2025

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Michael F. Cannon and Neal McCluskey let us listen in on their ongoing 20-year debate over who has the more difficult job -- fixing health care or education. McCluskey argues that government's monopolistic control over K-12 education and compulsory schooling creates a more fundamental threat to freedom, while Cannon contends that health care is even more dysfunctional due to cascading government interventions that have created the world's most expensive and gap-ridden health system. Both scholars explore how government subsidies drive up costs in their respective sectors and outline their visions for more libertarian, market-based alternatives.

Show Notes:

https://www.cato.org/free-society/summer-2025/federal-failure-parental-freedom-story-movement 

 

https://www.cato.org/blog/supreme-court-right-reading-opt-outs-thats-not-enough

 

https://www.cato.org/blog/top-5-reasons-end-us-department-education

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Justin Logan and Jon Hoffman delve into Hoffman's latest policy analysis, "Aimless Rivalry: The Futility of U.S. China Competition in the Middle East." They debunk justifications for U.S. Middle East policy based on competition with China and challenge prevailing narratives in international relations. Tune in for a thorough discussion that puts threats in context and examines U.S. policy through a skeptical lens.

Show Notes:

Jon Hoffman, "Aimless Rivalry: The Futility of US–China Competition in the Middle East" Policy Analysis No. 1000, July 10, 2025

Justin Logan, “Why the Middle East Still Doesn’t Matter,” Politico Magazine, October 9, 2014

 

Justin Logan, “The Case for Withdrawing from the Middle East,” Defense Priorities, September 30, 2020

 

Justin Logan, “Middle East Security,” Cato Handbook for Policymakers, 9th Edition, 2022

Jon Hoffman, "The U.S. Has Nothing to Fear from China in the Middle East" World Politics Review, December 6, 2023

Jon Hoffman, “U.S.-China competition and the value of Middle East Influence” Defense Priorities, June 10, 2025

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What are stablecoins, how do they work, and what does the future hold for these innovative financial instruments? Join Norbert Michel and Jennifer Schulp from the Cato Institute's Center for Monetary and Financial Alternatives as they delve into the evolving landscape of stablecoin legislation. Whether you're a seasoned crypto enthusiast or just curious about digital currencies, this discussion will provide valuable insights into the regulatory environment and the potential impacts on the financial system.

Show Notes:

Jennifer J. Shculp, "Stablecoin Bills Galore, but How Do They Stack Up?", cato.org, February 27, 2025

Jennifer J. Schulp, "Stablecoin Legislation Must Ensure Financial Privacy", CoinDesk, April 24, 2025

Norbert Michel, "The GENIUS Act Is a Good Start, But Congress Could Make It Smarter", Forbes, June 4, 2025

Jennider J. Schulp and Eleanor Mueller, "Stablecoins, Market Structure, and More – Evaluating the Crypto Legislative Landscape", Cato Institute Live Event, June 17, 2025

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