The Cato Institute is a non-profit public policy research foundation headquartered in Washington, D.C. The Institute is named for Cato’s Letters, a series of libertarian pamphlets that helped lay the philosophical foundation for the American Revolution. The Cato Institute seeks to broaden the parameters of public policy debate to allow consideration of the traditional American principles of limited government, individual liberty, free markets and peace. Toward that goal, the Institute strives to achieve greater involvement of the intelligent, concerned lay public in questions of policy and the proper role of government.The Cato InstituteTumblr (3.0; @catoinstitute)http://catoinstitute.tumblr.com/Yes, the Lags Are Long and Variable<a href="http://feedproxy.google.com/~r/cato-unbound/~3/x1NSuddw5X4/">Yes, the Lags Are Long and Variable</a>: <p>I agree with Sumner that the Fed has the ability to create hyperinflation. The questions are how long it would take for this to happen and by which mechanism it would transpire. The mechanism I have…</p>http://catoinstitute.tumblr.com/post/199482502http://catoinstitute.tumblr.com/post/199482502Mon, 28 Sep 2009 17:25:33 -0400Agreements and Disagreements<a href="http://feedproxy.google.com/~r/cato-unbound/~3/_SrNAj4Pm5k/">Agreements and Disagreements</a>: <p>The discussion seems to be careening into ever more technical issues, with George Selgin now invoking “Calvo-pricing probability parameters” and “Ramsay-optimal monetary policy.” Although I find this…</p>http://catoinstitute.tumblr.com/post/199482499http://catoinstitute.tumblr.com/post/199482499Mon, 28 Sep 2009 17:25:33 -0400Taxing Banks for Holding Reserves<a href="http://feedproxy.google.com/~r/cato-unbound/~3/aqtAfQxe4Vc/">Taxing Banks for Holding Reserves</a>: <p>In his first reply to the three of us, Scott Sumner asked: “Does anyone have any thoughts on my proposal to charge a negative interest rate on excess reserves as a way of reducing the hoarding of…</p>http://catoinstitute.tumblr.com/post/199482491http://catoinstitute.tumblr.com/post/199482491Mon, 28 Sep 2009 17:25:32 -0400Score-Keeping with Selgin<a href="http://feedproxy.google.com/~r/cato-unbound/~3/f_qovbjBzWM/">Score-Keeping with Selgin</a>: <p>George, every time I read your arguments it makes me want to chop a few more tenths of a percent off my proposed NGDP growth target. This was no exception. However I am still not completely convinced…</p>http://catoinstitute.tumblr.com/post/199482495http://catoinstitute.tumblr.com/post/199482495Mon, 28 Sep 2009 17:25:32 -0400Why Public Sector Unionism Is a Bad Deal for Taxpayers and Representative Government...<p>Why Public Sector Unionism Is a Bad Deal for Taxpayers and Representative Government <a href="http://tinyurl.com/y8puxxx">http://tinyurl.com/y8puxxx</a> #tlot</p>http://catoinstitute.tumblr.com/post/199357439http://catoinstitute.tumblr.com/post/199357439Mon, 28 Sep 2009 14:26:27 -0400Weekend Links http://bit.ly/262dij #tlot<p>Weekend Links <a href="http://bit.ly/262dij">http://bit.ly/262dij</a> #tlot</p>http://catoinstitute.tumblr.com/post/199357454http://catoinstitute.tumblr.com/post/199357454Mon, 28 Sep 2009 14:26:27 -0400Who’s Blogging about Cato http://bit.ly/Mc6VT #tlot<p>Who’s Blogging about Cato <a href="http://bit.ly/Mc6VT">http://bit.ly/Mc6VT</a> #tlot</p>http://catoinstitute.tumblr.com/post/199357442http://catoinstitute.tumblr.com/post/199357442Mon, 28 Sep 2009 14:26:27 -0400Is This Intervention Necessary? http://bit.ly/9CEnC #tlot<p>Is This Intervention Necessary? <a href="http://bit.ly/9CEnC">http://bit.ly/9CEnC</a> #tlot</p>http://catoinstitute.tumblr.com/post/199357434http://catoinstitute.tumblr.com/post/199357434Mon, 28 Sep 2009 14:26:26 -0400Apparently for VP Biden, “stimulus” success means inefficient infrastructure spending and more...<p>Apparently for VP Biden, “stimulus” success means inefficient infrastructure spending and more federal employees. <a href="http://bit.ly/1g7uVi">http://bit.ly/1g7uVi</a></p>http://catoinstitute.tumblr.com/post/199357413http://catoinstitute.tumblr.com/post/199357413Mon, 28 Sep 2009 14:26:25 -0400A Federal Ban on Texting While Driving? http://bit.ly/M2asg #tlot<p>A Federal Ban on Texting While Driving? <a href="http://bit.ly/M2asg">http://bit.ly/M2asg</a> #tlot</p>http://catoinstitute.tumblr.com/post/199357416http://catoinstitute.tumblr.com/post/199357416Mon, 28 Sep 2009 14:26:25 -0400Obama administration: Hey, let’s send people to jail who don’t buy health insurance....<p>Obama administration: Hey, let’s send people to jail who don’t buy health insurance. <a href="http://bit.ly/x7cep">http://bit.ly/x7cep</a> #hcr #tlot #tcot #topprog #health</p>http://catoinstitute.tumblr.com/post/199357425http://catoinstitute.tumblr.com/post/199357425Mon, 28 Sep 2009 14:26:25 -0400The Land Is There, the Cubans Are There, but the Incentives Are Not http://bit.ly/p1TVp #tlot<p>The Land Is There, the Cubans Are There, but the Incentives Are Not <a href="http://bit.ly/p1TVp">http://bit.ly/p1TVp</a> #tlot</p>http://catoinstitute.tumblr.com/post/199357405http://catoinstitute.tumblr.com/post/199357405Mon, 28 Sep 2009 14:26:24 -0400Oh, you haven’t heard? The gov’t has had the power to ban books for 20 years now....<p>Oh, you haven’t heard? The gov’t has had the power to ban books for 20 years now. <a href="http://bit.ly/8ajr4">http://bit.ly/8ajr4</a> #tlot #fr33 #liberty #ban</p>http://catoinstitute.tumblr.com/post/199357408http://catoinstitute.tumblr.com/post/199357408Mon, 28 Sep 2009 14:26:24 -0400New Podcast: FDIC May Borrow from Healthy Banks http://bit.ly/fmwbz @cobrown #tlot<p>New Podcast: FDIC May Borrow from Healthy Banks <a href="http://bit.ly/fmwbz">http://bit.ly/fmwbz</a> @<a href="http://twitter.com/cobrown">cobrown</a> #tlot</p>http://catoinstitute.tumblr.com/post/199357375http://catoinstitute.tumblr.com/post/199357375Mon, 28 Sep 2009 14:26:23 -0400Curbing Free Trade to Save It http://bit.ly/MIBMs #tlot<p>Curbing Free Trade to Save It <a href="http://bit.ly/MIBMs">http://bit.ly/MIBMs</a> #tlot</p>http://catoinstitute.tumblr.com/post/199357378http://catoinstitute.tumblr.com/post/199357378Mon, 28 Sep 2009 14:26:23 -0400So apparently it’s illegal to watch your neighbors’ kids without government permission....<p>So apparently it’s illegal to watch your neighbors’ kids without government permission. <a href="http://bit.ly/15IFCL">http://bit.ly/15IFCL</a> #tlot #tcot #nannystate</p>http://catoinstitute.tumblr.com/post/199357391http://catoinstitute.tumblr.com/post/199357391Mon, 28 Sep 2009 14:26:23 -0400Commentary on the Commission on Wartime Contracting Hearings (Part 2) by David Isenberg...<p>Commentary on the Commission on Wartime Contracting Hearings (Part 2) by David Isenberg <a href="http://bit.ly/EvkFO">http://bit.ly/EvkFO</a> #tlot</p>http://catoinstitute.tumblr.com/post/199357368http://catoinstitute.tumblr.com/post/199357368Mon, 28 Sep 2009 14:26:22 -0400Keeping Your Doctor Will Be as Easy as 1, 2, 3…1,788, 1789, 1,790 http://bit.ly/kufP8 #tlot<p>Keeping Your Doctor Will Be as Easy as 1, 2, 3…1,788, 1789, 1,790 <a href="http://bit.ly/kufP8">http://bit.ly/kufP8</a> #tlot</p>http://catoinstitute.tumblr.com/post/199357346http://catoinstitute.tumblr.com/post/199357346Mon, 28 Sep 2009 14:26:21 -0400Why compulsory health insurance is a government takeover http://bit.ly/1jBRfZ #hcr #healthcare...<p>Why compulsory health insurance is a government takeover <a href="http://bit.ly/1jBRfZ">http://bit.ly/1jBRfZ</a> #hcr #healthcare #handsoff #topprog #tlot</p>http://catoinstitute.tumblr.com/post/199357352http://catoinstitute.tumblr.com/post/199357352Mon, 28 Sep 2009 14:26:21 -0400Honduras’ Interim Government Falls Into Zelaya’s Trap http://bit.ly/3lak1C #tlot<p>Honduras’ Interim Government Falls Into Zelaya’s Trap <a href="http://bit.ly/3lak1C">http://bit.ly/3lak1C</a> #tlot</p>http://catoinstitute.tumblr.com/post/199357330http://catoinstitute.tumblr.com/post/199357330Mon, 28 Sep 2009 14:26:20 -0400