The quantities involved for mass poisonings are too great, the nature of the food supply too vast and the details of any plot too complicated and unpredictable to be a real threat. That becomes crystal clear as you read the details of the different incidents: it’s hard to kill one person, and very hard to kill dozens. Hundreds, thousands: it’s just not going to happen any time soon. The fear of bioterror is much greater, and the panic from any bioterror scare will injure more people, than bioterrorism itself.
Featuring John Allison, President and CEO, Cato Institute; Rep. Kevin Brady (TX-8), Chairman, Joint Economic Committee; and Norbert Michel, Research Fellow in Financial Regulations, Heritage Foundation; moderated by James A. Dorn, Vice President for Monetary Studies and Senior Fellow, Cato Institute.
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In this issue of the Cato Journal, economists Geoffrey Black, D. Allen Dalton, Samia Islam, and Aaron Batteen offer one prominent example of allowing the market to work. Also in this issue, economists Jason E. Taylor and Jerry L. Taylor reexamine the relationship between marginal tax rates and U.S. growth, and Robert Krol looks at bias in CBO and OMB economic forecasts.
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The 2008-2009 financial crisis and Great Recession have vastly increased the power and scope of the Federal Reserve, and radically changed the financial landscape. This new ebook examines those changes and considers how the links between money, markets, and government may evolve in the future.