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 Patrick Michaels with comments by John Fialka and Seth Borenstein
The debate about global climate change is heating up again. Vice President Al Gore continues to hammer away at the need to control greenhouse gas emissions while the next scientific report of the U.N. Intergovernmental Panel on Climate Change is being prepared for release early next year. Patrick Michaels, professor of environmental sciences at the University of Virginia and coauthor of a new book on global warming, discussed the present state of both the scientific and political debates surrounding climate change. Environmental journalists John Fialka of the Wall Street Journal and Seth Borenstein of Knight-Ridder led the discussion thereafter.