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 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.