Featuring Tim Lynch, Director, Project on Criminal Justice, Cato Institute; Michael Tanner, Senior Fellow, Cato Institute; and Matthew Feeney, Policy Analyst, Cato Institute; moderated by Peter Russo, Director, Congressional Affairs, Cato Institute.
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.
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.