Sorry, but I don't trust the Cato Institute one bit.  They lie to further their right-wing agenda.  I may not be an "intellectual" but my IQ is high enough to see they are up to no good.

Encouraging. The "conservative" Cato institute has been a bastion of the "economic libertarians", i.e. people who desired economic freedom but who are pro-state when it comes to civil liberties, the war on drugs, the multiple international wars against humans & etc. In other words, statists who like being and staying wealthy.