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 Lawrence H. White, Professor of Economics, George Mason University; with comments by Sylvia Nasar, John S. and James L. Knight Professor of Business Journalism, Columbia University, Author, A Beautiful Mind and Grand Pursuit: The Story of Economic Genius, moderated by James A. Dorn, Editor, Cato Journal, and Vice President for Academic Affairs, Cato Institute.
The last 100 years have seen dramatic experiments in economic policy, from the Bolshevik Revolution to the World Trade Organization. All the while government’s role in the economy has steadily grown. The recent global housing bubble and its subsequent burst — with ensuing bailouts, budget deficits, and sovereign debt crises — has rekindled old debates over fundamental policy issues: the monetary regime, the business cycle, state regulation and ownership of enterprises, and taxes and spending. In his new book, The Clash of Economic Ideas, Lawrence H. White examines the intellectual roots of today’s debates, tying the development of economic ideas to the key events in economic history. Along the way we learn why economists so often disagree about the kinds of government policies required for economic prosperity.