Cato Event Podcast

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The collapse of WTO negotiations and the upcoming presidential election have deepened doubts about the future of free trade and the global economy. In an illuminating new book, Dr. Razeen Sally of the London School of Economics argues forcefully that trade policy has become disconnected from 21st-century business and consumer realities. As trade agreements yield diminishing returns, the world's fastest-growing economies in Asia have embraced freer trade and global integration unilaterally. The author renews the argument for free trade, warns of the imminent dangers of protectionism, and charts a new way forward for trade liberalization in the United States and globally. A top international economist at the World Bank will comment.New Frontiers in Free Trade: Globalization's Future and Asia's Rising Role is available at the Cato Bookstore. See acast.com/privacy for privacy and opt-out information.

Whenever gasoline prices are on the rise, so is the political interest in the Strategic Petroleum Reserve, the largest single stockpile of crude oil in the world. Some argue that part of its approximately 700 million barrels should be released into the market to help relieve high prices at the pump. Others argue that the Reserve should be carefully husbanded for use in a future crisis. Jerry Taylor, author of “The Case against the Strategic Petroleum Reserve,” questions the very need for the SPR and calls not for release, but for total liquidation. Economist Steve Hanke argues that, if we’re going to have an SPR, it should be reformed so that it can play a constructive role in crude oil markets. See acast.com/privacy for privacy and opt-out information.

The Prince George’s County police department is under fire for a recent drug raid on the home of Berwyn Heights mayor Cheye Calvo. Unbeknownst to Calvo, a box containing marijuana was delivered to his home. Shortly thereafter, police officers kicked in the front door and shot both of Calvo’s pet Labrador retrievers. The police have subsequently cleared Calvo of any wrongdoing but are unapologetic about their raid tactics. Are no-knock, paramilitary raids an appropriate tactic for drug investigations? Or do sudden, unannounced entries bring unnecessary violence to police investigations? Join us for a discussion of the Prince George’s incident and, more broadly, the militarization of police work in America. See acast.com/privacy for privacy and opt-out information.

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Released to great acclaim in May 2008, The Dirty Dozen: How Twelve Supreme Court Cases Radically Expanded Government and Eroded Freedom analyzes 12 U.S. Supreme Court decisions that, according to coauthors Robert Levy of the Cato Institute and William Mellor of the Institute for Justice, changed the course of American history away from constitutional government. In addition, The Dirty Dozen provides insights into the proper role of the Court and calls for judicial engagement to remedy these harmful decisions. The book has rapidly become the catalyst for an energetic, wide-reaching debate about the Supreme Court, generating an extensive range of opinions among legal professionals, concerned non-lawyers, and Court followers about the 12 cases, their impact, and the role of the Court. The Cato Institute and the American Constitution Society are pleased to provide a public platform for this important debate. Leading practitioners and academics from different perspectives will discuss the cases and the authors’ le

The southern African countries of Botswana and Zimbabwe are neighbors. Botswana is peaceful, stable, and increasingly prosperous. Zimbabwe, in contrast, is beset by political and economic crises. Their diverging fortunes are partly explained by their government’s attitudes to economic freedom: Botswana is one of Africa’s economically freest states, and Zimbabwe is among Africa’s least free countries. Please join Zimbabwean human rights activist Rejoice Ngwenya and Cato’s Africa analyst Marian Tupy to discuss Zimbabwe’s meltdown, Botswana’s ascent, and lessons for the rest of Africa. See acast.com/privacy for privacy and opt-out information.

Among the highest remaining U.S. tariffs are those imposed on imported shoes, with the highest duties applying to the cheapest shoes. Critics of the tariffs contend that they fall most heavily on the poorest American households while “saving” few domestic jobs. Defenders argue that the tariffs provide revenue for the federal government, have little impact on consumer prices, and steer trade to our free-trade partners at the expense of China. A bill in Congress to eliminate certain shoe tariffs, the Affordable Footwear Act, currently has more than 140 co-sponsors in the House and may be attached to the upcoming Miscellaneous Tariff Bill. Please join us for a forum featuring a co-sponsor of the footwear act and two trade experts who will debate the merits of lowering tariffs on imported shoes. See acast.com/privacy for privacy and opt-out information.

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Improving the international trading system does not depend solely on new, comprehensive multilateral agreements. Countries can realize significant gains in commercial flows by undertaking trade facilitation—reforms that decrease administrative and physical impediments to transporting goods and services across borders. According to recent studies from several international economic institutions and a new Cato paper, trade facilitation reforms could increase global trade flows even more than further reductions in tariff rates and are primarily and substantially in the interest of the country implementing reform. Please join Cato trade scholar Daniel Ikenson and World Bank economist Simeon Djankov to discuss how to expand international commerce even without new multilateral trade agreements. See acast.com/privacy for privacy and opt-out information.

The world's largest democracy, India, is an emerging economic giant. Reforms that began in the late 1980s and accelerated in the 1990s have led to high growth and have reduced poverty by one third. Professor Panagariya will discuss changes in Indian society that favor continued rapid growth. He will also explain why India should avoid policies that focus on equality rather than poverty reduction, and he will propose innovative reforms—such as school vouchers or cash transfers for health care—where government services have failed the poor. Swaminathan Aiyar will comment on the book’s outlook for India. See acast.com/privacy for privacy and opt-out information.

As the Doha Round lies in a cryogenic state, it is important to recognize that comprehensive, multilateral agreement to reduce trade barriers is not the only way to improve the international trading system. In fact, according to recent studies from the World Bank and other international economic institutions— a new study published by the Cato Institute —“trade facilitation” reforms could do more to increase global trade flows than further reductions in tariff rates. In broad terms, trade facilitation includes reforms aimed at improving the chain of administrative and physical procedures involved in the transport of goods and services across international borders. Countries with inadequate trade infrastructure, burdensome administrative processes, or limited competition in trade logistics services are less capable of benefiting from the opportunities of expanding global trade. And that goes for rich countries as well as developing countries. By streamlining and reforming bureaucratic procedures and encouragi

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On a continent scarred by political repression and economic underdevelopment, Botswana and Mauritius stand out. In 2007, Freedom House certified both countries as free, and the Fraser Institute’s Economic Freedom of the World report found that Botswana and Mauritius had the two freest economies in Africa. According to the World Bank, the two also have—along with Seychelles—Africa’s highest per capita incomes. What explains that success? Why did the institutions of freedom take root in Botswana and Mauritius, while failing to do so in most other African countries? How do the two countries intend to maintain high growth in an increasingly globalized world? Please join us to hear our speakers elaborate on the past successes and future challenges facing Botswana and Mauritius. See acast.com/privacy for privacy and opt-out information.

In a provocative new book, Jason Riley makes the case for welcoming more legal immigrants to the United States. Drawing on history, scholarly studies and first-hand reporting, Riley argues that today’s newcomers are fueling America’s prosperity and dynamism. He challenges the prevailing views on talk radio and cable TV that immigrants are overpopulating the country, stealing jobs, depressing wages, bankrupting social services, filling prisons, resisting assimilation and promoting big government. Comments will be provided by one of the nation’s leading political analysts. See acast.com/privacy for privacy and opt-out information.

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Prof. Philip Zimbardo, the conductor of the infamous 1971 Stanford Prison Experiment, has become a leading authority on the psychology of evil: How is it that people are induced to commit evil, even when they consider themselves “good” people? What social dynamics encourage—or discourage—cruelty toward other human beings? The Lucifer Effect offers a full reconstruction of the 1971 experiment based on archival video, subject diaries, exit interviews, and other contemporary material. It then gives an introduction to the psychology of social morality as it has developed over the years. The book culminates with an examination of the prisoner abuse scandals of Abu Ghraib, Guantanamo Bay, and elsewhere, challenging accounts that would hold individual soldiers solely responsible for their actions, and indicting the chain of command for knowingly creating conditions that would lead to degrading treatment and torture. See acast.com/privacy for privacy and opt-out information.