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.
Africa’s Third Liberation: The New Search for Prosperity and Jobs
Featuring the co-author Jeffrey Herbst, President, Colgate University; with comments by Todd Moss, Vice President, Center for Global Development, and Former Deputy Assistant Secretary, Bureau of African Affairs, State Department; moderated by Marian L. Tupy, Policy Analyst, Center for Global Liberty and Prosperity, Cato Institute.
If Africa’s first liberation was from colonialism, and its second from the tyranny of many of its liberators, the third must concentrate on economic development. Africa has to overcome its racial, tribal, and religious divisions and offer Africans the opportunity to set their own agendas. To achieve economic development, African governments must embrace a “growth ideology.” Many African governments have to drop their animus to capitalism and create a welcoming environment for domestic and foreign capital. Please join our panel for a discussion about the future prospects for growth on the African continent.