Featuring David Walker, Former Comptroller General, Government Accountability Office; David Wessel, Director, Hutchins Center, Brookings Institution; and Mark Calabria, Director, Financial Regulation Studies, Cato Institute; moderated by Josh Zumbrun, Reporter, Wall Street Journal.
For libertarians, the basic unit of social analysis is the individual. Individuals are, in all cases, the source and foundation of creativity, activity, and society. In the new issue of Cato Policy Report, Cato scholar David Boaz, author of The Libertarian Mind: A Manifesto for Freedom, explains the roles and rights of individuals in a free society, and cautions against a vision of a world in which individuals have no way to cooperate with others except through the state.
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 Christopher J. Conover, Center for Health Policy and Inequalities Research, Duke University; and Douglas Holtz-Eakin, President, American Action Forum, and Former Director, Congressional Budget Office; moderated by Michael F. Cannon, Director of Health Policy Studies, Cato Institute.
Nearly all taxes impose hidden costs by choking off economic activity. In a soon-to-be-released Cato Institute study, Duke University professor Christopher J. Conover estimates how much economic activity the recently enacted health care law — the Patient Protection and Affordable Care Act — will destroy. Failing to account for those hidden costs of taxation and government spending can bias legislative decisions toward more costly policies. Conover argues that honest and transparent governance requires that Congress account for the “excess burden of taxation” in its legislative cost estimates, baseline budget projections, and budget options — much like the Office of Management and Budget already does.