Cato Events Podcast

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Cato Events Podcast episodes

June 11, 2015 Property Rights on the 10th Anniversary of Kelo v. City of New London - Panel 2: The Grassroots and Political Response to Kelo
In 2005 the Supreme Court ruled that the city of New London, Connecticut, could condemn residential properties and transfer them to a private developer for a planned office park (which never materialized). Although the Fifth Amendment permits taking private property only for "public use," the Court held that transfers to private parties for economic development were a sufficiently public "purpose." This unpopular ruling triggered an unprecedented political and judicial reaction, with 45 states limiting their eminent domain law. But many of these changes impose few or no genuine constraints.
In his detailed study of this controversial case — the first book-length analysis of Kelo by a legal scholar — Ilya Somin argues that the ruling was a grave error. Economic development and "blight" condemnations are unconstitutional under both originalist and "living Constitution" theories of legal interpretation. They also victimize the poor and the politically weak, and often destroy more economic value than they create.
Despite the case's outcome, Kelo shattered what many believed to be a consensus that virtually any condemnation satisfies the Fifth Amendment. Kelo thus led to significant progress, but there is much work to be done. Please join us for a discussion of the state of property rights in America 10 years after the Supreme Court's most notorious ruling on eminent domain.
Hosted on Acast. See acast.com/privacy for more information.
1 hr 15 min
June 11, 2015 Property Rights on the 10th Anniversary of Kelo v. City of New London - Panel 1: The Grasping Hand: Kelo v. City of New London and the Limits of Eminent Domain
In 2005 the Supreme Court ruled that the city of New London, Connecticut, could condemn residential properties and transfer them to a private developer for a planned office park (which never materialized). Although the Fifth Amendment permits taking private property only for "public use," the Court held that transfers to private parties for economic development were a sufficiently public "purpose." This unpopular ruling triggered an unprecedented political and judicial reaction, with 45 states limiting their eminent domain law. But many of these changes impose few or no genuine constraints.
In his detailed study of this controversial case — the first book-length analysis of Kelo by a legal scholar — Ilya Somin argues that the ruling was a grave error. Economic development and "blight" condemnations are unconstitutional under both originalist and "living Constitution" theories of legal interpretation. They also victimize the poor and the politically weak, and often destroy more economic value than they create.
Despite the case's outcome, Kelo shattered what many believed to be a consensus that virtually any condemnation satisfies the Fifth Amendment. Kelo thus led to significant progress, but there is much work to be done. Please join us for a discussion of the state of property rights in America 10 years after the Supreme Court's most notorious ruling on eminent domain.
Hosted on Acast. See acast.com/privacy for more information.
1 hr 25 min
June 11, 2015 Property Rights on the 10th Anniversary of Kelo v. City of New London - Welcoming Remarks
In 2005 the Supreme Court ruled that the city of New London, Connecticut, could condemn residential properties and transfer them to a private developer for a planned office park (which never materialized). Although the Fifth Amendment permits taking private property only for "public use," the Court held that transfers to private parties for economic development were a sufficiently public "purpose." This unpopular ruling triggered an unprecedented political and judicial reaction, with 45 states limiting their eminent domain law. But many of these changes impose few or no genuine constraints.
In his detailed study of this controversial case — the first book-length analysis of Kelo by a legal scholar — Ilya Somin argues that the ruling was a grave error. Economic development and "blight" condemnations are unconstitutional under both originalist and "living Constitution" theories of legal interpretation. They also victimize the poor and the politically weak, and often destroy more economic value than they create.
Despite the case's outcome, Kelo shattered what many believed to be a consensus that virtually any condemnation satisfies the Fifth Amendment. Kelo thus led to significant progress, but there is much work to be done. Please join us for a discussion of the state of property rights in America 10 years after the Supreme Court's most notorious ruling on eminent domain.
Hosted on Acast. See acast.com/privacy for more information.
31 min
June 05, 2015 Capital Unbound: The Cato Summit on Financial Regulation - “Capital Constraints and the Failure of Mathematical Modeling” and “Alternative Vehicles for Small Business Capital”
Hosted on Acast. See acast.com/privacy for more information.
1 hr 1 min
June 04, 2015 Magna Carta and the Rule of Law around the World - Panel 2: The Unsteady Spread of the Rule of Law
June marks the 800th anniversary of the Magna Carta, the “Great Charter of Liberties” that King John of England agreed to and that aimed to limit the Crown’s power. The Magna Carta exerted a significant influence on the development of the common law in England and subsequently in the United States. Richard Helmholz will explain the emergence of the Magna Carta, describe its substance, and discuss its impact on the rule of law in England. Roger Pilon will speak about the charter’s importance to the United States. And Tom Palmer will discuss similar charters in other parts of medieval Europe. Other speakers will address the unsteady spread of the rule of law around the world: Richard Pipes will describe the case of Russia, Swami Aiyar will discuss India’s experience, and Juan Carlos Botero will give a global overview of progress and challenges based on the Rule of Law Index.
Hosted on Acast. See acast.com/privacy for more information.
1 hr 31 min
June 04, 2015 Magna Carta and the Rule of Law around the World - Panel 1: Magna Carta and the Western Tradition
June marks the 800th anniversary of the Magna Carta, the “Great Charter of Liberties” that King John of England agreed to and that aimed to limit the Crown’s power. The Magna Carta exerted a significant influence on the development of the common law in England and subsequently in the United States. Richard Helmholz will explain the emergence of the Magna Carta, describe its substance, and discuss its impact on the rule of law in England. Roger Pilon will speak about the charter’s importance to the United States. And Tom Palmer will discuss similar charters in other parts of medieval Europe. Other speakers will address the unsteady spread of the rule of law around the world: Richard Pipes will describe the case of Russia, Swami Aiyar will discuss India’s experience, and Juan Carlos Botero will give a global overview of progress and challenges based on the Rule of Law Index.
Hosted on Acast. See acast.com/privacy for more information.
1 hr 26 min
June 04, 2015 Math Gone Mad: Systemic Dangers of the Federal Reserve's Stress Tests
The Federal Reserve’s “stress tests” were intended to make the financial system safer. Using risk modeling, the tests subject banks to various stress scenarios in the economy to see how well they would perform and determine the capital “buffer” banks need to remain solvent and safely weather poor economic conditions. But with the Fed relying on risk modeling to determine regulatory capital requirements for banks, what happens if the models are wrong? Risk models can suffer from major weaknesses, ranging from poor assumptions to inadequate data, and can be particularly blind to tail-end risks—for example, the subprime crisis. Rather than making us safer, could the reliance on risk modeling by regulators actually be paving the way for the next systemwide financial crisis?
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1 hr 2 min
June 02, 2015 Capital Unbound: The Cato Summit on Financial Regulation - Luncheon Address and "An Alternative Future for Money and Banking"
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1 hr 16 min
June 02, 2015 Capital Unbound: The Cato Summit on Financial Regulation - Welcoming Remarks, “Capital Markets and Mortgage Finance” and the Keynote Address
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1 hr 16 min
May 28, 2015 Removing Barriers to Online Medical Care
In the United States and around the world, medical treatment has traditionally been segregated along state lines. Recently, new technology has made the provision of medical care online (telemedicine) a possibility, and consumers could benefit greatly from this development. However, state and national regulations often interfere with online medical care when it crosses borders. Can these regulations be adjusted to allow interstate and international trade?
What policy concerns might arise in relation to online medical services that might require continued government involvement? Are there constitutional issues at stake? For example, do government restrictions on doctors offering medical advice online constitute an abridgement of free speech? Join us for a discussion of these issues.
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1 hr 26 min

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The Cato Events Podcast brings you live recordings from the Cato Institute's events, where leading scholars, policymakers, journalists, and experts come together each week to discuss the ideas and…