The journal was a "free-market, public policy journal ... for scholars concerned with questions of public policy, yet it is written and edited to be accessible to the interested lay reader".

The Fall 2001 issue of the Cato Journal describes itself as "An interdisciplinary journal of public policy analysis" and contains articles by Alan Greenspan, Thomas M. Humphrey, Charles I.Plosser, Manuel H. Johnson, William A. Niskanen, Robert D. McTeer, Kevin Dowd, and Alan Reynolds, among others.

[4] In Fall 2021, the Cato Journal released its final issue: Vol.

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