Outsourcing Myths, Debunked
In a new Trade Briefing Paper, Cato's Brink Lindsey looks at the current flap over outsourcing jobs overseas, and finds the scare arguments to be similar to those dusted off each time the economy takes a downturn. Lindsey finds that job losses are normal, productivity is up, the U.S. runs a net surplus in IT, and the drop in manufacturing jobs is unrelated to U.S. imports. Further, Lindsey writes, offshoring increases growth by making computers and technology more affordable, thereby boosting productivity in technology and information-based jobs.

Syria Accountability Act Unnecessarily Antagonistic
In a new Cato Policy Analysis, author and UPI political analyst Claude Salhani says the law President Bush signed in December 2003 aimed at pressuring Syria into better cooperating with U.S. anti-terror efforts is too heavy on penalties, and offers little incentive for Syria to cooperate. Salhani says the bill risks escalating U.S. relations with another Middle Eastern country, further harming efforts to facilitate anti-terror cooperation in the region.

Cato's Headlines
We've introduced a new feature to our website. Each morning, Cato's media staff will highlight one of the day's most important stories for libertarians, and offer a relevant piece of Cato scholarship that addresses the issues related to the news story. The day's latest headline can be found on the upper right hand side of Cato's homepage. We'll also keep an archive page of past headline features.

Cato in the News
(Please note: some links require a free registration.)

Christopher Preble on pulling U.S. troops from Iraq for USA Today.
Doug Bandow on the Spanish elections for Reason.
Veronique de Rugy on federal spending for NRO.
Alan Reynolds on outsourcing for the Washington Times.
Doug Bandow on China-Hong Kong relations for the American Spectator.

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