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.
The American pika (Ochotona princeps) is an insanely cute critter often found in above-timberline rock fields in the western U.S. Because they often live near mountain peaks, there’s been concern that global warming could push them over the top, to extinction.
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 the author Ann Bernstein, Founding Director, Centre for Development and Enterprise (Johannesburg, South Africa); with comments by Clive Crook, Senior Editor, The Atlantic, and commentator, Financial Times; moderated by Ian Vásquez, Director, Center for Global Liberty and Prosperity, Cato Institute.
Business is regularly portrayed in public discourse as morally deficient and prone to despoil the environment, undermine democracy, and stunt development. Ann Bernstein will explain why such ill-founded views, prevalent in rich countries, are especially harmful to the world’s poor. She will criticize misguided campaigns to transform the way business behaves — such as the corporate social responsibility movement — and the acquiescence of business in those efforts. Instead the author calls on business leaders to stand up for themselves; vigorously promote market economics; and defend the role of companies as the powerful instruments of progress, innovation, and development that they are. Clive Crook will comment on the book and on the current climate of the debate.