Cato Podcast - Offers You’d Better Not Refuse

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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Cato Podcast - Atomic Economics

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 Podcast - One and a Half Cheers for SCOTUS

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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Cato Podcast - SCOTUS Roundup

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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Cato Podcast - The Good, The Bad and the Beautiful

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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Cato Podcast - Cato Cage Match: Education vs. Health Care

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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Cato Podcast - Aimless Rivalry: U.S. and China in the Middle East

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 InfluenceDefense Priorities, June 10, 2025


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Cato Podcast - Stablecoins and the Fight for a Level Playing Field

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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Cato Podcast - The Rise and Fall of DOGE 1.0

In this episode, Alex Nowrasteh and Ryan Bourne delve into the intriguing journey of Doge 1.0 under Donald Trump's administration. From Elon Musk's ambitious overhaul to the eventual departure of key figures, they explore the chaotic, amusing, and concerning facets of this government efficiency experiment. With insights into the economic impacts, legislative hurdles, and potential future in Doge 2.0, this discussion sheds light on the complexities of attempting a bureaucratic revolution. Join Alex and Ryan as they dissect the promises, failures, and hopes of a libertarian downsizing dream.


Show Notes:

Alex Nowrasteh and Ryan Bourne, "Cato Institute Report to the Department of Government Efficiency (DOGE)" White Paper, December 11, 2024


Ryan Bourne and Alex Nowrasteh, "Small-Government Conservatives Should Give DOGE a Chance" The Dispatch, December 30, 2024


Ryan Bourne and Alex Nowrasteh, "DOGE Can’t Just Trim Waste. It Has to Cut Government — A Lot" U.S. News & World Report, January 7, 2025


Ryan Bourne, "DOGE: Efficiency Requires Elimination" The War on Prices, March 14, 2025


Alex Nowrasteh and Ryan Bourne, "Six Ways to Understand DOGE and Predict Its Future Behavior" cato.org, March 17, 2025


Ryan Bourne, "Does DOGE Show That There’s Little Government Waste?" The War On Prices May 9, 2025


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Cato Podcast - Misinformation in the Age of AI

Is misinformation really a new crisis—or just the latest chapter in a centuries-old debate over truth, speech, and power? In this episode, Cato Institute’s Jennifer Huddleston and David Inserra unpack the cultural and policy panic surrounding misinformation and disinformation in the age of AI, deepfakes, and viral tweets. Who should decide what counts as truth online? Plus, why humility, media literacy, and a competitive internet might be better solutions than censorship.


Show Notes:

Jennifer Huddleston, "AI and the Future of Our Elections" Testimony, September 27, 2023


Jennifer Huddleston and David Inserra, "Oversight Board Comment on Misinformation and Manipulated Media: The Importance of Free Expression in the Debate over Misinformation" cato.org, October 25, 2023


Jennifer Huddleston, "The Rush to Regulate AI Coule be the Death of Parody" National Review (Online), January 26, 2024


David Inserra and Jennifer Huddleston, "Actually, Tim Walz, the First Amendment Does Protect Misinformation and ‘Hate Speech’" National Review, August 11, 2024


Jennifer Huddleston and Emma Hopp, "What the Past Can Teach Us about Our AI Fears" Reason, October 29, 2024


David Inserra and Brent Skorup, "Comments in Response to FCC “Delete, Delete, Delete” Initiative" cato.org, April 11, 2025


David Inserra, "The Misleading Panic over Misinformation" Policy Analysis No. 999, June 26, 2025


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