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.
Featuring Alan Pisarski, author of Commuting in America; Clyde Hart, Senior Vice President for Government Affairs, American Bus Association; and Randal O’Toole, Senior Fellow, Cato Institute and author, Gridlock: Why We’re Stuck in Traffic and What to Do About It; moderated by Brandon Arnold, Director of Government Affairs, Cato Institute.
With Congress poised to pass a surface transportation reauthorization bill in 2011, America’s transportation system is at a crossroads. Should we emphasize high-cost forms of transportation, such as light rail and high-speed rail, whose main goal is to get a few people out of their cars? Or should we find low-cost technologies that can increase personal mobility for everyone, regardless of their income? Alan Pisarski will discuss the future of urban commuting, Clyde Hart will describe the current and future state of intercity bus transportation, and Randal O’Toole will show how future automobile technologies will save more energy and relieve congestion at a lower cost than heavy investments in new infrastructure.