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How Entitlements Can Perpetuate Youth Unemployment
by Jagadeesh Gokhale.
Where's the Accountability?
Michael D. Tanner in National Review (Online).
Mitt Romney: The Foreign Policy of Know-Nothingism
Doug Bandow in the American Conservative.
U.S. Doesn't Need Industrial Policy
Daniel J. Ikenson in USA Today.
JPMorgan Losses Do Not Make the Case for Regulation
Mark A. Calabria on the Huffington Post.

Cato University 2012
Cato Institute
Washington D.C.
July 29 - August 3, 2012
Cato Pocket Constitution Can the government do that? Check the Constitution!
Special: 10 copies for $10

Cato @ Liberty Blog

"Next, the Sun"
by David Boaz

"NATO Has Become a Form of U.S. Foreign Aid"
by Doug Bandow

"Ignatius on Pakistan: Actually, We May Have Only Had One Year"
by Malou Innocent

May 18, 2012

Monetary Reform in the Wake of Crisis

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?

American Nightmare: How Government Undermines The Dream of Homeownership

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.

JPMorgan Losses Show the System Works

Unsurprisingly, President Obama and others have used the recent $2 billion loss by JPMorgan Chase as a call for more regulation. What the president and his allies miss is that recent events at JPMorgan illustrate how the system should — and does — work. Argues Cato scholar Mark A. Calabria, "Just as the Dodd-Frank Act used the cover of a crisis to reward special interests and ignore the actual fault lines in our financial system, President Obama and others are attempting to use JPMorgan's recent losses to cover up and distract from regulatory failings."


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