Justin Logan will discuss his and Christopher Preble’s recent Policy Analysis, “Failed States and Flawed Logic: The Case against a Standing Nation-Building Office,” which explains why the presumption that state failure poses a threat to the United States is flawed. He will also explore the likely costs and risks of a foreign policy dedicated to nation building, given that U.S. nation-building projects in the past have had a highly dubious track record. Preble will explore the greatest foreign policy challenge facing the United States today – looming state failure in Iraq – and describe why it is unlikely that a standing nation-building office would have reduced the costs and risks of the current military mission there.
Featuring John Allison, President and CEO, Cato Institute; Rep. Kevin Brady (TX-8), Chairman, Joint Economic Committee; and Norbert Michel, Research Fellow in Financial Regulations, Heritage Foundation; moderated by James A. Dorn, Vice President for Monetary Studies and Senior Fellow, Cato Institute.
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In this issue of the Cato Journal, economists Geoffrey Black, D. Allen Dalton, Samia Islam, and Aaron Batteen offer one prominent example of allowing the market to work. Also in this issue, economists Jason E. Taylor and Jerry L. Taylor reexamine the relationship between marginal tax rates and U.S. growth, and Robert Krol looks at bias in CBO and OMB economic forecasts.
Latest CommentaryOnly a robust and open marketplace of ideas can effectively combat lies consistent with the First Amendment.
The 2008-2009 financial crisis and Great Recession have vastly increased the power and scope of the Federal Reserve, and radically changed the financial landscape. This new ebook examines those changes and considers how the links between money, markets, and government may evolve in the future.