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 High-Stakes Response to the WTO Internet Gambling Dispute
Featuring Mark Mendel, Lead Counsel for Antigua and Barbuda in US-Gambling, John H. Jackson, Georgetown University Law Center, and Sallie James, Trade Policy Analyst, Cato Institute.
The dispute between the United States and the Caribbean island nation of Antigua and Barbuda over U.S. restrictions on Internet gambling has demonstrated one of the key benefits of the World Trade Organization: large and small nations alike have access to a legal system that protects their rights. But the United States has indicated that it does not intend to lift its restrictions on gambling over the Internet, in defiance of a series of clear rulings that those restrictions violate U.S. commitments to the WTO. At a time when global trade negotiations have stalled and the future of the WTO is in question, a failure to achieve resolution could deal a serious blow to the WTO’s credibility. The lead attorney for the Antiguan government and one of the world’s experts on WTO law will join a Cato trade expert to discuss this dispute and its importance for the international trading system.