- Few GOP presidential candidates have proposed specific budget cuts.
- “Peace is in the interest of Taiwan, China, and the U.S. … But the U.S. should view continuing arms sales to Taipei as perhaps the best means to maintain stability and peace across the Taiwan Strait.”
- Market liberalization has transformed newly independent states that formerly comprised Yugoslavia.
- President Obama is simply the new standard-bearer for the bipartisan contempt for constitutional limits on power.
- Cato chairman Robert A. Levy makes the libertarian case for marriage equality:
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.