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41. A Federal Renewable Electricity Requirement

Author:
Robert J. Michaels
Publication Date:
11-2008
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
Rising energy prices and climate change have changed both the economics and politics of electricity. In response, over half the states have enacted “renewable portfolio standards” (RPS) that require utilities to obtain some power from “renewable” generation resources rather than carbon-emitting fossil fuels. Reports of state-level success have brought proposals for a national standard. Like several predecessor Congresses, however, the most recent one failed to pass RPS legislation.
Topic:
Climate Change, Energy Policy, and Environment
Political Geography:
Europe

42. What Can the United States Learn from the Nordic Model?

Author:
Daniel Mitchell
Publication Date:
11-2007
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
Some policymakers in the United States and Europe argue that it is possible to enjoy economic growth and also have a large welfare state. These advocates for bigger government claim that the so- called Nordic Model offers the best of both worlds. This claim does not withstand scrutiny. Economic performance in Nordic nations is lagging, and excessive government is the most likely explanation. The public sector in Sweden, Denmark, Norway, Finland, and Iceland consumes, on average, more than 48 percent of economic output. Total government outlays in the United States, by contrast, are less than 37 percent of gross domes- tic product. Revenue comparisons are even more striking. Tax receipts average more than 45 per- cent of GDP in Nordic nations, a full 20 percent- age points higher than the aggregate tax burden in the United States.
Topic:
Economics and Government
Political Geography:
United States and Europe

43. In Pursuit of Happiness Research: Is It Reliable? What Does It Imply for Policy?

Author:
Will Wilkinson
Publication Date:
04-2007
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
“Happiness research” studies the correlates of subjective well-being, generally through survey methods. A number of psychologists and social scientists have drawn upon this work recently to argue that the American model of relatively limited government and a dynamic market economy corrodes happiness, whereas Western European and Scandinavian-style social democracies pro- mote it. This paper argues that happiness research in fact poses no threat to the relatively libertarian ideals embodied in the U.S. socioeconomic system. Happiness research is seriously hampered by confusion and disagreement about the definition of its subject as well as the limitations inherent in current measurement techniques. In its present state happiness research cannot be relied on as an authoritative source for empirical information about happiness, which, in any case, is not a simple empirical phenomenon but a cultural and historical moving target. Yet, even if we accept the data of happiness research at face value, few of the alleged redistributive policy implications actually follow from the evidence. The data show that neither higher rates of government redistribution nor lower levels of income inequality make us happier, whereas high levels of economic freedom and high average incomes are among the strongest correlates of subjective well- being. Even if we table the damning charges of questionable science and bad moral philosophy, the American model still comes off a glowing success in terms of happiness.
Topic:
Economics, Markets, and Political Economy
Political Geography:
United States, America, and Europe

44. Reappraising Nuclear Security Strategy

Author:
Rensselaer Lee
Publication Date:
06-2006
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
The danger posed by Russia's inadequately secured stocks of nuclear weapons and fissile material is a major national security concern for the United States. Various cooperative U.S.-Russian programs aimed at securing nuclear material, weapons, and design intelligence have been mounted since the 1990s, but clever and determined adversaries may be able to circumvent or defeat the defenses that the United States and its partners are attempting to put in place. U.S. programs are by their nature reactive: they have long time horizons; they focus preeminently on the supply side of the problem; and they face serious technological limitations. Russia's imperfect commitment to nonproliferation also undermines the effectiveness of U.S. nonproliferation efforts.
Topic:
International Relations, Security, Foreign Policy, and Nuclear Weapons
Political Geography:
Russia, United States, Europe, and Asia

45. CATO Institute: Health Care in a Free Society: Rebutting the Myths of National Health Insurance

Author:
John C. Goodman
Publication Date:
01-2005
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
Almost everyone agrees that the U.S. health care system is in dire need of reform. But there are differing opinions on what kind of reform would be best. Some on the political left would like to see us copy one of the government-run “single-payer”systems that exist in Western Europe, Canada, and New Zealand, among other places. Proponents of socialized medicine point to other countries as examples of health care systems that are superior to our own. They insist that government will make health care available on the basis of need rather than ability to pay. The rich and poor will have equal access to care. And more serious medical needs will be given priority over less serious needs.
Topic:
Government, Human Welfare, and Politics
Political Geography:
United States, Europe, Canada, and New Zealand

46. European Union Defense Policy: An American Perspective

Author:
Leslie S. Lebl
Publication Date:
06-2004
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
For almost 50 years, proposals by the European Union to develop a common foreign and security policy for all member states failed. Since the late 1990s, however, the situation has changed. Despite, or perhaps because of, member states' disagreements over Iraq, the EU probably will continue to develop common foreign and security policies, and the European Commission may begin to play a role in developing new European military capabilities.
Topic:
International Relations, Foreign Policy, Defense Policy, and Treaties and Agreements
Political Geography:
Iraq, America, Europe, and Middle East

47. Iraq: The Wrong War

Author:
Charles V. Peña
Publication Date:
12-2003
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
President Bush asserts that U.S. military action against Iraq was justified because Saddam Hussein was in material breach of United Nations Security Council Resolution 1441. But even if Iraq was in violation of a UN resolution, the U.S. military does not exist to enforce UN mandates. It exists to defend the United States: its territorial integrity and national sovereignty, the population, and the liberties that underlie the American way of life. So whether Iraq was in violation of Resolution 1441 is irrelevant. The real question is whether Iraq represented a direct and imminent threat to the United States that could not otherwise be deterred. If that was the case, then preemptive self-defense, like Israel's military action against Egypt, Syria, Jordan, and Iraq in the 1967 Six Day War, would have been warranted. And if Iraq was not a threat, especially in terms of aiding and abetting Al Qaeda, then the United States fought a needless war against a phantom menace.
Topic:
War
Political Geography:
United States, Europe, Middle East, United Nations, Syria, Egypt, and Jordan

48. Threats to Financial Privacy and Tax Competition

Author:
Veronique de Rugy and Richard W. Rahn
Publication Date:
10-2003
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
Global economic growth and personal freedom are under attack by governments and international organizations seeking to squelch financial privacy and tax competition. Privacy rights and international tax competition are beneficial constraints on the monopoly power of governments. But high-tax nations and organizations such as the European Union are pressing for international agreements to remove those limits on government power at the expense of prosperity and freedom.
Topic:
Economics, Government, and International Organization
Political Geography:
United States and Europe

49. EU Enlargement: Costs, Benefits, and Strategies for Central and Eastern European Countries

Author:
Marian L. Tupy
Publication Date:
09-2003
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
The accession of eight Central and Eastern European countries (CEECs) to the European Union in 2004 will bring some important benefits. The new members will gain from reduced barriers to trade and investment. By 2010, the movement of labor will also be freed. But accession to the EU is neither a necessary nor a sufficient condition for economic growth. The combined effects of market access and economic liberalization, not EU membership, optimize economic growth.
Topic:
Emerging Markets and International Political Economy
Political Geography:
Europe and Eastern Europe

50. Mending the U.S.-European Rift over the Middle East

Author:
Leon T. Hadar
Publication Date:
08-2003
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
The war in Iraq has created tensions between the United States and some of its leading allies in Europe and exposed a deep diplomatic rift between the traditional transatlantic security partners. The controversy over Iraq has also ignited strong anti-American sentiments and threatened international cooperation in the war against Al Qaeda.
Topic:
International Relations
Political Geography:
United States, Iraq, Europe, and Middle East