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Everything is politics. But reactionary free-market worship is too simplistic to be allowed here. Cato only exists because advocating private ownership of profit turns out to be profitable, not because they have any insightful analysis.


too simplistic to be allowed here.

Allowed by whom?

Cato only exists because advocating private ownership of profit turns out to be profitable

And this is somehow not simplistic?


Allowed by the commenting community.

There's a difference between simple and simplistic. Simplistic is pretending the only incentive force at work in a national scale institution is the profit incentive.

Simple is acknowledging that a small institution with the mission statement to advocate for profit incentive as the singular organizing principle of our economy probably believes in its mission statement and operates for the purpose of the private profit of its owners.

I've seen a few _interesting_ notes from CATO, but nothing I would call subtle or anything but free market fundamentalism. They tend to pick up every single news story and view it through a free market, shrink govt, give an individual the profit lens. Which is why they can only write a short, generic paragraph of comment on an interesting story about Khan Academy. OP should have been a link to Wired.


I think you might be experiencing the Dunning-Kruger effect. The CATO Institute has 10 Nobel Laureates in Economics associated with it.

http://www.cato.org/people/nobel-index.html


I have serious problems with the policies that CATO advocates. I expect them to explain and justify their policies, not appeal to a committee of Norwegians for authority. I expect the same of you.




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