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.
America’s Allies and War: Kosovo, Afghanistan, and Iraq
Featuring the author Jason W. Davidson, Associate Professor of Political Science at the University of Mary Washington; with comments by Charles Kupchan, Senior Fellow, Council on Foreign Relations and Professor of International Relations, Georgetown University; moderated by Christopher Preble, Director of Foreign Policy Studies, Cato Institute.
The United States pledges to defend our NATO allies under Article V of the North Atlantic Treaty. Why, and in what ways, do the allies reciprocate? Jason Davidson will present evidence from his unique analysis of transatlantic burden-sharing to explain why Britain, France, and Italy provide or refuse military support for U.S.-led uses of force. Sixty original interviews with top policymakers and analysts provide insight into allies’ decisions regarding the Kosovo War (1999), Afghanistan (2001), and the Iraq War (2003). Davidson shows that such decisions reflect a combination of factors such as alliance value, threat, prestige, and electoral politics. Join us for a discussion that will include recommendations for how U.S. policymakers can increase the allies’ contributions to global security, and shift some of the burdens of defense off the shoulders of American taxpayers.