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The NATO summit starts Sunday in Chicago and will be the largest gathering ever held by the alliance. This is fitting given NATO's desire to act around the globe, attempting to remake failed societies and anoint winners in civil wars. Cato scholars have long argued that NATO in the 21st century constitutes a costly commitment with little benefit for Americans.
At no time since the founding of the Federal Reserve nearly a century ago has it been more important to reconsider the role of monetary policy in a free society. A new, special issue of Cato Journal addresses how to make the transition from the current regime of discretionary government fiat money to sound money or what Richard H. Timberlake calls "constitutional money." In particular, what types of monetary reform would help prevent future crises, limit government power, increase the range of choices open to individuals, and safeguard the long-run value of money?
The American Dream turned into a nightmare when the housing bubble burst, and people have been trying to figure out who to blame — Greedy bankers? Corrupt politicians? Ignorant homeowners? In American Nightmare: How Government Undermines the Dream of Homeownership, Cato scholar Randal O'Toole explores the forces at play in the housing market and shows how we can rebuild the American dream of homeownership by eliminating federal, state, and local policies that distort the free market for housing.
Behind the Case
Details and resources related to the lawsuit brought by David and Charles Koch against the Cato Institute.
Tough Targets
Examines defensive gun use, analyzing eight years of news reports on ordinary citizens defending themselves against criminals.
Cato Journal
"Is Immigration Good For America?" - features articles from experts in the field and covers some of the most controversial aspects of immigration today.
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