The Cato Institute was founded in 1977 by Edward H. Crane. It is a non-profit public policy research foundation headquartered in Washington, D.C. The Institute is named for Cato's Letters, a series of libertarian pamphlets that helped lay the philosophical foundation for the American Revolution.
The mission of the Cato Institute is to increase the understanding of public policies based on the principles of limited government, free markets, individual liberty, and peace. The Institute will use the most effective means to originate, advocate, promote, and disseminate applicable policy proposals that create free, open, and civil societies in the United States and throughout the world. The Cato Institute undertakes an extensive publications program dealing with the complete spectrum of public policy issues. Books, monographs, briefing papers and shorter studies are commissioned to examine issues in nearly every corner of the public policy debate. Policy forums and book forums are held regularly, as are major policy conferences, which Cato hosts throughout the year, and from which papers are published thrice yearly in the Cato Journal. All of these events are taped and archived on Cato's Web site. Additionally, Cato has held major conferences in London, Moscow, Shanghai, and Mexico City. The Institute also publishes the quarterly magazine Regulation and a bimonthly newsletter, Cato Policy Report. Source: www.cato.org