A limited constitutional government calls for a rules-based, freemarket monetary system, not the topsy-turvy fiat dollar that now exists under central banking. This issue of the Cato Journal examines the case for alternatives to central banking and the reforms needed to move toward free-market money.
Americans are finally enjoying an improving economy after years of recession and slow growth. The unemployment rate is dropping, the economy is expanding, and public confidence is rising. Surely our economic crisis is behind us. Or is it? In Going for Broke: Deficits, Debt, and the Entitlement Crisis, Cato scholar Michael D. Tanner examines the growing national debt and its dire implications for our future and explains why a looming financial meltdown may be far worse than anyone expects.
The Cato Institute has released its 2014 Annual Report, which documents a dynamic year of growth and productivity. “Libertarianism is the philosophy of freedom,” Cato’s David Boaz writes in his book, The Libertarian Mind. “It is the indispensable framework for the future.” And as the new report demonstrates, the Cato Institute, thanks largely to the generosity of our Sponsors, is leading the charge to apply this framework across the policy spectrum.
African Americans, Labor Regulations, and the Courts: From Reconstruction to the New Deal
Featuring David E. Bernstein, Law Professor, George Mason University Law School, with comments by Mark V. Tushnet, Associate Dean, Georgetown University Law Center.
Conventional wisdom has it that economic regulation, labor unions, and the civil rights movement have long been fast friends. Not so, says George Mason University law professor David Bernstein in a new book, Only One Place of Redress. Applying the insights of public choice theory to legal history, Bernstein argues that the much-maligned jurisprudence of the Lochner era-with its emphasis on freedom of contract and private market ordering-actually discouraged discrimination and assisted groups with little political clout. Please join us for a discussion of this provocative thesis with its author.