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.
To Begin the World Over Again: Lawrence of Arabia from Damascus to Baghdad
Featuring the author John C. Hulsman, Alfred von Oppenheim Scholar in Residence, German Council on Foreign Relations; Christopher Preble, Director of Foreign Policy Studies, Cato Institute; and Daniel Serwer, Vice President, Centers of Innovation, Center for Post-Conflict Peace and Stability Operations, United States Institute of Peace. Moderated by Justin Logan, Associate Director of Foreign Policy Studies, Cato Institute.
As the United States stumbles through ambitious nation-building missions in Iraq and Afghanistan, it is obvious that many in Washington have ignored the lessons that past statesmen had suffered greatly to learn. Chief among these would-be nation builders was the almost mythical figure of Thomas Edward (T.E.) Lawrence. In John C. Hulsman’s new book To Begin the World Over Again: Lawrence of Arabia from Damascus to Baghdad, we are reminded not only of the heroic character of Lawrence, but also of the profound obstacles to nation-building. Despite Lawrence’s best efforts to fashion a stable political order in the Middle East out of the wreckage of the Ottoman Empire, he was overwhelmed by events, frustrated by petty personalities, and thwarted by cynical politics. What lessons, if any, can policymakers learn from Lawrence’s nation-building efforts in the early 20th century? Join us as we discuss this exceptional new book and debate the implications for the future of U.S. foreign policy.