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 Lapologang Caesar Lekoa, Ambassador of the Republic of Botswana and Kailash Ruhee, Ambassador of the Republic of Mauritius. Moderated by Marian Tupy, Cato Institute.
On a continent scarred by political repression and economic underdevelopment, Botswana and Mauritius stand out. In 2007, Freedom House certified both countries as free, and the Fraser Institute’s Economic Freedom of the World report found that Botswana and Mauritius had the two freest economies in Africa. According to the World Bank, the two also have—along with Seychelles—Africa’s highest per capita incomes. What explains that success? Why did the institutions of freedom take root in Botswana and Mauritius, while failing to do so in most other African countries? How do the two countries intend to maintain high growth in an increasingly globalized world? Please join us to hear our speakers elaborate on the past successes and future challenges facing Botswana and Mauritius.