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Political Philosophy

The Jeffersonian philosophy that animates Cato's work has increasingly come to be called "libertarianism" or "market liberalism." Rooted in the traditional American principles of individual liberty and limited government, it combines an appreciation for entrepreneurship, the market process, and lower taxes with strict respect for civil liberties and skepticism about the benefits of both the welfare state and foreign military adventurism.

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"Estimating ObamaCare's Effect on State Medicaid Expenditure Growth: A Study of the Five Most Populous U.S. States," by Jagadeesh Gokhale