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Founded in 1977 the Cato Institutes 1998 budget made up US$ 11 million. Its funding consists of corporate and private donations (especially from corporations and executives in the highly regulated industries of financial services, telecommunications and pharmaceuticals industries) and sales of publications.
Catos corporate donors include tobacco firms:
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One of the most violent attacks undertaken by conservative U.S. think tanks has been on the federal anti-poverty programs. Beginning in the 1980s the Manhattan Institute sponsored and promoted two publications that urged the elimination of the federal anti-poverty program. "Wealth and Poverty", concluded that poverty was the result of personal irresponsibility, while "Losing Ground: American Social Policy, 1950 - 1980", observed that anti-poverty programs reduced marriage incentives, discouraged workers form accepting low-wage jobs, and encouraged unintended births among low income teenage and adult women.
These books were followed by Lawrence Mead's "Beyond Entitlement: The Social Obligations of Citizenship", which blamed governments for perpetuating poverty by not requiring welfare recipients to work. Other conservative grantees have used their funds for more than a decade to spread this kind of conservative political rhetoric and policy opinion through major media and conservative-controlled print and broadcast outlets. The redefinition of the problem and the demonization of the poor finally culminated in the passage of the
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The Manhattan Institute, founded by
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Founded in 1977, the institute is named for Cato's Letters, libertarian pamphlets that were widely read in the American Colonies since the early 18th century and played a major role in laying the philosophical foundation for the American Revolution. Cato is a public policy research foundation seeking to "broaden the parameters of public policy debate" to allow consideration of more options that are consistent with the traditional American principles of limited government, individual liberty, free markets and a special focus on deregulation issues.
In recent years, the Cato Institute has become one of the most cited and quoted think tanks in the U.S. news media, while also becoming a key resource for Republican leaders. Catos board of directors not only includes John C. Malone - president and CEO of Tele-Communicaitons Inc. (TCI), the largest cable operator in the United States - but, since autumn 1997, also media titan
Official Organizational Status: Independent Institute
Political Orientation: U.S. Conservative/Libertarian
Scope/Research Areas: Catos research areas include development studies, science and technology, economic issues, health and welfare, foreign relations and diplomacy. Priority issues are Social Security privatization, fundamental tax reform, limited constitutional government, free trade and term limits. Recent publications include: Kelley, David A.: Life of One's Own. Individual Rights and the Welfare State. (1998). Ferrara, P.J. and M. D. Tanner: A New Deal for Social Security. (1998).
Funding Sources: 1998 Budget US$ 11 million. Corporate and private donations (especially from corporations and executives in the highly regulated industries of financial services, telecommunications and pharmaceuticals industries) and sales of publications.
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