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 J. Michaels, Senior Fellow in Environmental Studies, Cato Institute, and co-author, Climate of Extremes: Global Warming Science They Don’t Want You to Know.
On December 6 signatories of the United Nations’ Framework Convention on Climate Change will meet in Copenhagen to produce a successor to the Kyoto Protocol, and President Obama and many members of Congress would like to pass cap-and-trade legislation beforehand. But does such an approach have a firm scientific foundation? Multiple chains of evidence that have emerged in the last year argue against precipitous action, including the possibility that climate is not as sensitive to carbon dioxide as previously thought. Indeed, the “climate crisis” may itself be an endangered species. In this briefing, Michaels will discuss the relevance of recent scientific findings both to legislation being considered by Congress and emissions reductions schemes proposed by the EPA.