Featuring Dov S. Zakheim, Senior Advisor, Center for Strategic and International Studies; Mackenzie Eaglen, Resident Fellow at the Marilyn Ware Center for Security Studies, American Enterprise Institute; Todd Harrison, Senior Fellow, Defense Budget Studies, Center for Strategic and Budgetary Assessments; and Christopher A. Preble, Vice President for Defense and Foreign Policy Studies, Cato Institute; moderated by Kate Brannen, Senior Reporter, Foreign Policy.
In the new issue of Regulation, economist Pierre Lemieux argues that the recent oil price decline is at least partly the result of increased supply from the extraction of shale oil. The increased supply allows the economy to produce more goods, which benefits some people, if not all of them. Thus, contrary to some commentary in the press, cheaper oil prices cannot harm the economy as a whole.
Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies.
Featuring the author Armand Thieblot, Olin Institute, George Mason University; with comments by Maurice Baskin, Partner, Venable, LLP, and co-author of Construction Union Tactics to Regain Jobs and Public Policy; moderated by James A. Dorn, Editor, Cato Journal, and Vice President for Academic Affairs, Cato Institute.
The Davis-Bacon Act, the law that sets wages typically at or near the union rate for workers on billions of dollars worth of public works annually, has afflicted the construction industry for eight full decades. Obsolete and impossible to administer fairly when first passed in 1931, it has not improved since. It has been actively sustained through biased participation by the Department of Labor for the exclusive benefit of organized labor. If not repealed, Davis-Bacon will add billions of dollars of unnecessary costs to public works built over the next decade. Armand Thieblot, a longtime student of the act, documents some major reasons—in addition to cost savings—to repeal it, and shows why actions short of repeal will not be effective. Repeal of Davis-Bacon early in the coming administration will provide major stimulus to a construction industry that desperately needs the help.
Advance copies of the book will be exclusively available at the forum.