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.
Atomic Obsession: Nuclear Alarmism from Hiroshima to Al Qaeda
Featuring the author, John Mueller, Woody Hayes Chair of National Security Studies, Ohio State University; Michael Krepon, Co-Founder, Henry L. Stimson Center; and Jeffrey G. Lewis, Director, Nuclear Strategy and Nonproliferation Initiative, New America Foundation. Moderated by Justin Logan, Associate Director of Foreign Policy Studies, Cato Institute.
Having informed readers in previous books that their fears of war and terrorism are overblown, iconoclastic political scientist John Mueller has set his sights on nuclear weapons. For Mueller, nuclear weapons have never represented much of a threat given states’ fundamental unwillingness to use them. Moreover, our current worries about terrorists obtaining such weapons are essentially baseless. As Mueller points out, there is a multitude of reasons why terrorists will not be able to obtain nuclear weapons, much less build them themselves and successfully transport them to targets. Atomic Obsession concludes with a judgment that our efforts to prevent the spread of WMDs have produced much more suffering and violence than would have been the case if we took a more realistic view of such weapons.
Please join us for a discussion of this provocative new book.